Gas is near $4, oil near $130, airlines are cutting capacities. Do consumers still drive or fly to Disney land? Why is DIS near 5 year high? Did I miss something?
One thing I forgot to mention is that, if you own Disnay stock, you will not be paid a dividend for the rest of 2008.Ixnay on the Disnay.Doc
Note that the psycho does not address one word of the critique of his "analysis" of the balance sheet ... because, of course, he can't. He's a nut with a grudge, in over his head regarding the market.
CFO Staggs the Slicer dumps another 75K free shares of Disnay on bagholders' heads.http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001225208%2D08%2D010092%2Etxt&FilePath=%5C2008%5C06%5C06%5C&CoName=WALT+DISNEY+CO%2F&FormType=4&RcvdDate=6%2F6%2F2008&pdf=The combination of $16 billion debt, sleaziest insiders dumping free shares, $22 bln. in goodwill listed as its top asset, disastrous products that sleaze out America, and paid pumper shills (incl. for Snornia) is specific to Disnay.DIS stock is facing a steep downward slope.
When you go to Disney world,It's packed.I was there in May. It was very crowded.
Title of SecuritiesDisney common stockAmount to be Registered33,000,000 sharesProposed Maximum Offering Price Per Shares$34.50Proposed Maximum Aggregate Offering Price$1,138,500,000http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125%2D08%2D119106%2Etxt&FilePath=%5C2008%5C05%5C20%5C&CoName=WALT+DISNEY+CO%2F&FormType=S%2D8&RcvdDate=5%2F20%2F2008&pdf=