Don't know if I understand your reply here. Are you saying this person owns only 100 shares? If you just do the math, they are right. If they had 100 shares in 1980, following the 1986 4:1 split they had 400 shares. Following the 1992 4:1 split, they now have 1600 shares. Following the 1998 3:1 split, they now own 4800 shares. I have been a very long time investor in Disney. One of my very best stocks ever. I now have custodial accounts set up with Schwab for my children and grandchildren. Buy and Hold. My bet is that they will all have a very nice nestegg in the future. I agree 100% with compaqaudi also on the power of the stock splits.
Sentiment: Strong Buy
This is going to be a big transformation into Disney Marvel Pixar or some combination with Lucas and Star Wars figured in there some place. The plans are big and growing as Shanghai Disneyland wraps up construction and prepares for a grand opening. My opinion is the new "Disney Studios" park will be the next huge theme park in Florida. This is going to be a big profit driver adding a tremendous capacity to this park.
it's the rules of the DRIP plan - you make your sell request and they execute within the next 5 days. with custodial accounts, they further require that they receive the request in writing, as opposed to being able to simply do it online. thankfully they took it via fax, but it still made little sense. the representative I dealt with was not extremely helpful in facilitating the transaction.
at the time, the DRIP plan made lots of sense for the benefits it provided. today, as online brokers have adapted and expanded their offerings for lower costs, the DRIP makes no sense today.
And why would you deal with someone that laughs at you for making such a reasonable request?
Or indeed, why deal with someone that gives you a hard time when you want to sell your shares?
it was between 10 shares and 1000, however, it was not a difficult decision at all. the shares were bought for my child when she was a toddler specifically to be used for college, and she is now at that point. it has served its purpose. it was long haul, and the investment paid off...incredibly better than the funds in the 529 plan, even after paying what will be due to Uncle Sam.
I challenge you to contact the DRIP administrator and have them laugh at you when attempting to set that up. It was difficult enough getting them to sell the shares in the custodial account.
"seems like a logical time when an investor might sell - no?"
Actually no, it isn't, at most it is logical time to set a dynamic stop loss order to let it run higher if it wants to.
As optimistic as I am, I, too, think that Disney is a little ahead of itself. And, I, too, bought 12 years ago in a similar range (although I have added a little of late).
But I am not selling. I thought it was a little ahead of itself when it was in the 60's. And, although "ahead of itself", I would say that it is only a few points ahead of itself.
There are two "immediate" turning points - first, Ant Man - if it does well, that means other Marvel products will continue to do well. And, to do well (to move the stock), it has to do over $80 - 90 million.
The next is the earnings report. And that needs to beat the analysts of about $1.42 by at least 10 cents. And that will be hard.
Otherwise we are in a little slump until November - we have another Pixar Movie then, and then Star Wars in December.
good luck to all.
The odds are 3-1 that the stock will split 3-1
150 will be a good time to announce the stock split
The dividend is divisible by 3 this will happen
Sentiment: Strong Buy
30% is just the beginning. This company is like a tech company on steroids. The pieces of the company are blue chip assets that can not be replicated. Now you put this all together and the cross synergies are unmatch any were in the entertainment industry. The slate of upcoming motion pictures over the next several years is unprecedented anywhere. Now let's look at free cash flow, increasing dividend and Shanghai China. Should I go on.
How many shares we talking about. Getting out with 10 shares is easy. 1000 shares is a big decision.
Sentiment: Strong Buy
I would agree that the shares are ahead of themselves, but people have been saying that since the stock was at $60. If you bought in between $15-$20 then taking profits here is a wise decision however I am not sure I would want to be entirely out of the stock. I see DIS going higher into the Star Wars release and so long as the overall markets don't crater it will continue to outperform.
You know the saying; "nobody ever went broke taking profits." Good luck!
I do not think he or she bashed share. bc dis now trades $118/share, he or she sold at $100/share. He may be just a little not sure that he is out a bit early.....He may hope it it pulls back a bit he could get in....
He spoke the truth...
again, think what you like...I do not care.
yes, I passively bashed the stock - I praise the company in my post, decide to sell because among other things ... I believe the shares are getting ahead of themselves (seems like a logical time when an investor might sell - no?).
anyhow, sorry I did not post something to support your position ... as out of the millions of shares that trade every day, selling my kid's shares after 13 years will certainly bring the stock down.
too funny bud. adios.
"SHARES GETTING AHEAD OF THEMSELVES" - That was the title to YOUR thread, not mine. Seems like your entire thread was created to passively bash the stock.
of course I could have made a lot more money in other stocks over the same time frame - isn't hindsight simply wonderful! it's wonderful to be able to pop off like that with the market near all-time highs - isn't it?
why I stuck with Disney soooo long simply to get out now? well, you know the saying buy low sell high? that's a good reason. today is high compared to when we bought low between $15 and $20 - no? the fact that the shares have tripled in the past couple years - that's another good reason. the fact that we just cashed in $100/share gain - that's another good reason.
we're talking about a DRIP account here - purchased when child was a youngster - now going to pay for college.
you go along and doubt all you like bud. seen your type many times - you are always right, anyone who possibly did better than you is lying. Iger did right by us - that's all that matters.