I guess down $4. Who would have thought this would be such a disaster in the USA. Sell before Q4 earnings release (write down coming) and buy back after.
How can management screw up this company's stock so badly.
The timing has nothing to do with it. Movie goers have voted with there dollars and their number one choice was not Guardians.
The fact that this is the worst DWA movie opening in 10 years speaks for itself.
That might be OK but this is the most expensive movie that DWA has ever produced.
I thought there would be a couple of upgrades after earnings and the call....I'm batting 0. Don't underestimate the short interest here......very powerful....and now that sale or merger is off the table they seem bolder.
Mergers or sale is NEVER off the table. They just come and go and finally, there will be one for real. Zacks has a 2 rating which is still very good on DWA. This should be a great stock for 2013. Buy on DIPS!!!
Sentiment: Strong Buy
Those upgrades came before the report, included Guardians.
Sure, the shorts are are heavy, but less than before, and they (DWA) are
expanding, growing, the company. Alpha had some good things to say,
but did not take buyout off the table.