Disney Irish
Premium Member
I wish posters would stop using the stock price as some barometer for the company. There are about a billion things that go into stock price fluctuations for a particular company, least of which is automated trading based on the overall market. For example should we take today's increase in the stock price to indicate that Wall St has become positive about the company since yesterday when it was down, or is it just that the market is up overall.I don’t agree with it or that it should be. But how do you explain the stock price over the last few years other than Wall Street speculating and then aggressively turning on D+.
Because despite whatever la la land people are in with whatever grievance of the day, the valuation has been completely disconnected from how the parks have been doing since mid 2020. Which is unfortunate and hits home the point Wall Street doesn’t really care about the parks buisness. At least as it pertains to valuing the overall company day to day, though probably providing a floor.
Not park sentiment, but cold hard numbers. Which have been strong, unfortunately so if you disagree with the way they are wrung for profit.
And once again I point out something I've said previously, that if Iger and the Board announce a dividend tomorrow the stock would skyrocket and almost double. That is ultimately what Wall St is looking for from DIS.