Yeah ok good luck with that. At $50 the current fiscal year earnings for 2013 is $3.43 shr. Now that we are into 2013, people start looking at the forward earnings for fiscal 2014. They could easily do $4.00 a share in earnings in 2014. That puts the forward PE multiple at 12.5x. Its probably fairly valued right at $50. If the market puts a forward multiple of 14x on it you could see it top out at $56. This company still made $2.00 a share during the worst recession in 75 years. Different era. People still spend money. Everytime I go out to the malls, parks etc I keep saying #$%$ we are in a recession why is it so crowded. Then it hit me. While 10% of the people are suffering, the 90% don't give a rats #$%$.
all i remember is 2001-2004 where you couldnt pay ppl to go to their parks. How many times can somebody go on the Pirates of the Carribean ride? rides are lame and old.
Marvel and star wars nice additions. only problem is, they have saturated the public. how many spiderman movies can they crank out and sell toys off? they should do a new Hulk movie, no a new punisher movie,. no a x-men movie, no, how about a fantastic four movie? they havent done 1 of those right? riiiight? = Over saturated product.
Alot of people are still mad at that disgraceful presequel of Star wars, just look at jar jar brinks!
ppl arent watching tv as much as they used to.
this stock is over hyped. time for a correction. they told you this last quarter but nobody was listening to the conference call, oooh well. good luck. $50 for disney stock, muy muy expensive.
Ha Ha I'm shorting this f er! (in a mickey mouse voice)