Don't outsmart yourself. Disney is one of those companies that you can truly hold virtually forever. It's best to think of the stock as a long term savings vehicle for your children or grandchildren. The company has not even begun to tap the potential of their LucasFilm acquisition and the Marvel division is a pure goldmine. Unless something overly negative changes with the company at a fundamental level there is no reason to sell your shares.
Yep and the dividend arrives at just about the same time each and every month. This is an excellent investment especially in a ultra-low interest rate environment that I do not see changing anytime soon.
Everyone has been calling for a pullback into the $60's or $70's for a long time now. I got burned listening the analysts on DIS before when I owned it at $29. I sold at $35 thinking it would pull back to around $25 and I could get back in. Well that was obviously a huge mistake but I learned a very good lesson in the process. Never sell great companies! If anything you can trade around your core position but with DIS I prefer to let this one sit for decades and then pass the shares onto my kids one day. Nothing like telling them they own a piece of the Marvel, Frozen and Star Wars franchises.
Earnings certainly were not great but the sell off in the stock has been minor so far this morning. I expected a much deeper correction to the tune of 3% or more. Perhaps that will still come but so far the stock is holding up well.
With silver and gold prices expected to rally into the second half of the year I personally would not be short any of the miners or much less the streamers. Sure there could be another down leg but IMO the risk at this point of much more weighted to the upside.
I am long term silver bull but I am skeptical about the removal of the "fix" having a positive impact on prices. The corrupt bullion banks will still have a hand in manipulating the price they will just be doing it through a different route That being said, longer term I believe that the slow erosion of the US Dollar's purchasing power and our toxic debt situation will lead to higher much gold prices and by proxy much higher silver prices.
Obviously the stock could go either way on earnings but even if it pulls back by as much as 10% it's still had a great run so far this year. I expect it to close out the year strong with spot gold and silver likely to become stronger this fall and winter. But pretty much any metric you use silver is undervalued with most miners mining right now either at break even or at a slight loss. SLW is in a great position with their streaming contracts so the lower price doesn't hurt them as much as the traditional miners.
I remember he was bashing the stock when it was around $65 now he's pounding the table that it's going to $100. Glad to see that Mr. Cramer has finally come around.
I'm not talking about the movie lifting this stock in particular. Just pointing out that the movie is doing much better than expected in what had up until then been a very lackluster summer at the box office.
AMC seems to be doing just fine right now. They have transitioned to a more customer friendly atmosphere and in that way have separated themselves from the crowd. With the solid dividend yield the stock remains attractive below $25.
This movie is an absolute savior for the movie industry coming off of one of the worst years in box office history. Disney has done it again with 'Guardians' which has already been green lit for a sequel. Strong word of mouth about how good this movie is will bring the audiences back to the theaters in bigger numbers going forward.
Disney just reported a record quarter and the stock is flat on the day. Some see this as a negative sign but I do not. The stock is priced reasonably well around the $86 level and it trading near all time highs. Taking a breather here is quite normal. Next year will be an awesome year with Avengers 2 and Star Wars expected to be absolute blockbusters. I still see DIS trading above $90 at the end of this year unless the market totally falls off of a cliff which is always a possibility.
How so? This is a lightly traded stock with average volume under 200,000 shares traded per day. If it were being pumped we would be seeing the stock gapping up on higher volume.
The stock is holding up very well and even moving higher as the broader markets continue to sell off. Guardians of the Galaxy is a surprise hit with staying power. Those that went short post earnings are getting crushed right about now.
I certainly hope you are correct in your call. There is no doubt that Disney is firing on all cylinders and things are only going to get better.
I say "unexpected" because most analysts estimated that the movie would make about $70 million over the weekend. Very few expected it to do as well as it did much less become the biggest August opening ever.
Exactly. When you make good movies everything else falls into place. Disney is killing it right now. Next year will be an even bigger year with Avengers 2 and Star Wars on tap. I'm excited!
The unexpected stellar performance of 'Guardians of the Galaxy' once again underscores that Disney is firing on all cylinders. The success of this movie will almost certainly unlock another stream of revenue as we can expect a merchandising line and sequels to spin off from this. I have not yet seen the movie and had no intentions of doing so until I saw the rave reviews come pouring in over the weekend. I plan of checking it out this coming weekend for sure!
If you think 'Guardians' was big just wait until December, 2015. Star Wars Episode 7 is enough of a reason in and of itself to hold onto your Disney shares.
The summer is here so I suspect AMC will make an attempt to break out from it's recent trading range and break $25 again. The upgrade today with a target price of $28 is quite bullish. The first dividend payout is coming soon as well.
Yep, you pretty much summed up the conundrum that is IMAX. I personally got out of the stock early last year to pursue other investment opportunities. I had been long pretty much since 2009 and had some really good gains here but it became clear to me that longer term IMAX's management was their Achilles's heel. With the market at record highs there is absolutely no reason why this stock is trading below $40 bucks today other than the deliberate and incessant greed of management.
I love the product and continue to see all of the big tent-pole pictures in IMAX. But as an investment I'd much rather be in AMC which has the largest IMAX footprint and is a much better run company. Plus they pay a dividend. Just imagine if IMAX did that?
I think it's more than just short covering. I took half of my position of the table today at a 34% gain. Holding the other half longer term. Uranium prices are still at rock bottom levels. Plenty of upside left in this stock.
Being short UEC is obviously a crowded trade with about 16 million shares still sold short. Uranium prices are at multi-decade lows but are expected to rebound in the not too distant future. Couple that with the way UEC is positioned in the space along with the heavy institutional ownership of the stock and it would appear that most of the risk is to the upside from current price levels. I am long from $1.10 and will add to my position on any dip under $1.00. I missed the last dip due to lack of available funds. Bummer!