Apple is looking for content for it's TV business. No one owns more quality content then DIS. Maybe a buyout, maybe a huge distribution deal, but the value of DIS content is not accounted for. You can read my previous posts, as I have been in this stock since low 30's based purely on the value of the content. Also remeber, GOOG has been playing with the TV market too. If this becomes a bidding war between GOOG and AAPL for content, DIS wins.
Take this for what its worth, a good friends son who works for DIS said something was "coming",he bought some and I bought some two weeks ago. I usually never buy when a stock is at all time high and am prepared to bail if the "coming" never occurs.But is worth a notice as it is creeping higher steadily.
Kenhshaw, If he was a good friend, I'm sure he was a little more explicit. I doubt "something's coming" is enough due diligence to buy a stock when its price is high. Can you share with us, what is coming? Or, at least, when is it coming...approximately 3 weeks, 3 months, or next year? You said, you are prepared to bail if the "coming" never occurs. In the mean time, say the stock drops $2.00, and the "coming" never occurs; that's O.K. with you? A loss of $2.00 per share? I, respectfully, am not being sarcastic. I just would like to know more of what you must know! By the way, again, respectfully, this stock does not need any pumping.
creatin_9999 wrote: Why would dis be this high when people have no money for this stuff.
ANSWER: The market anticipates a Romney victory to include Republicans winning the House and Senate.
Yeah, pmcgd4, u'r prediction seems to be likely, so that the rich can get richer and pay less tax. If poor and jobless? Sorry u're on u'r own. DIS will still rise and make u tons of $$$$
Sentiment: Strong Buy