Anybody who is knocking Disney is out of his mind.....Disney is without a doubt one of the best run companies in America, has one of the best brands and their products are not going out of style. I have been to Disneyland in Florida, California, Paris and Hong Kong and high prices and long lines willing to pay for Mickey is the same everywhere. With their recent acquisition,they are prepping for next leg up......Like you I bought this stock at 22, 31, 40 and yes, at 50......and have never regretted any of the purchases......this is not a stock for a quick trade but for investors who have patients and enough shares to appreciate those dividends. People who do not like DIS have a few shares and want a 25% jump in just as many days.....Mickey does not work that way....but I am sure he will deliver.....This stock is under priced right now and should easily go to 55
To be clear, I have no problem with DIS as a company. In fact, it is clearly one of the world's most valuable brands, and a terrific enterprise.
What I DO have a problem with, is #$%$ who think they should hold the STOCK at $50 after it has run-up with the rest of the market directly, and FOR NO OTHER RESASON, then because of Fed-injected monetary steriods.
In reality, if you want to see the likely fate of Disney STOCK, look at another venerable company, Microsoft. For the last 10 years, it has bounced around between $25 and $35.
When the monetary stupidity game stops, voluntarily or involuntarily, DIS will crash back to $30, or below, and will probably trade in a range around there for a very long time. Sorry, that is how the stock market works. A company matures, and the stock stagnates. If you have enough shares where the dividend pays you to watch the stock bounce within a $10 range for 20 years, go for it.
If you think you are going to retire after opening up a position in DIS at $50, you are a bonafide idiot.