I don't really see anything that will move it that much. Yes, if there is good news for the parks then that will mean that they've shaken the Ebola sting, but they've really shaken that already. No real movies will be block busters - Big Hero 6 has done well, and it will do well overseas, but unless it does over a billion it won't mean much. Into the Woods will do nicely, but no extraordinary numbers too. Cinderella will come out in March, and that will kick off a run of movies - Avengers II, Tomorrow Land, Two Pixar movies, another Marvel movie, and then Star Wars. Star Wars will get this stock to 125. If that's not fast enough, find some slot machine.
Well, I guess I really spoke too soon. Again it did nicely.
But, again, it doesn't matter that I spoke too soon, because no one posts anything on this board.
Well, I guess I spoke too soon. It did nicely today. Maybe there are some signs of it doing well this holiday season.
But it doesn't matter that I spoke too soon - no one posts anything on this board.
Don't be such a naysayer.
And, with SUV sales up all around, I would expect a nice quarter coming up.
The buying frenzy seems to be over. It seems to have given most of the other days gains up. Hopefully we can keep this as a base, and have good news with the next earnings report.
There is an article by Zacks (also posted on yahoo) that says that Office Depot is ripe for a purchase offer. At the end of it, the article notes other similar companies, and Big5 is one of the two mentioned. Wall street likes nothing better than a buyout rumor.
We're not going to get particularly favorable contracts in the next 6 - 12 months. It's simply a fact.
But I will add this. I think the shale oil boom is over. Few, if any, are going to be willing to invest high amounts of capital in the present circumstances. This, actually, may increase demand for some of HERO's rigs. They are short term alternatives that don't have a lot of up front expenses. They fill a need nicely - and we still need oil (and will for some time).
I'm not telling you that hero is going to be 10 in the next two months. In fact, I will be happy with almost any increase in the next few months. But oil will rebound. And, if you have some money to invest that you don't really care about, you may simply want to put it there and cross your fingers.
There are some times when a stock split means something. the price is so high that it discourages some buyers (decreased demand means decreased price, and increased demand means increased price). And there may be a lack of liquidity in the market, and splitting a stock increases the price and increases the liquidity (decreasing volatility and increasing stability).
But otherwise you are right.
I once read that 5 guys (it might have been another chain, but I think it was 5 guys), when it looks for a new location, doesn't look for a place where there are no other hamburger places, but one that has other hamburger places. That means that there is demand for the product in the area.
Wendy's is trying to distinguish itself from McD's and others by being a little more of a quality choice. Panera Bread has done that, and Wendy's is hoping to do the same.
You won't see a stock split for some time. They are happy with the mix of shareholders, except for the single shares purchased in the past as gifts for children - these cost them too much in mailing and printing costs (for dividend checks and quarterly reports). As the stock goes up, it is more likely that some of these shares will be redeemed. And even though they don't print stock certificates anymore, they are not in a rush to create a lower price so that parents feel a single share for a child is a cheap gift that gives the child an interest in investing in stocks in the future.
If it goes to 500, then maybe they will split 5 for 1 - but they will like to keep the price over 100.
on the ex dividend date the stock will drop 1.15. that is the way it works. its just math. hopefully, it will recover that amount as the stock strengthens.
Hopefully you bought at 92 - 93 today. It's the last buying opportunity you'll have.
after all the news about the dividend, was there any news about future stock buy backs and the pending amounts still pending on prior stock buy backs? I actually find this more interesting than the dividend announcements.
novice carolyn is a trader, and she admits this fully. she also says that longs shouldn't listen to her. She was actually right on one of her posts, that the stock seemed to have peaked, but that was only for a few hours, maybe a day and a half (about the time frame for a day trader).
Someone below said they bought at 28, sold at 35, expecting to pick it up at 30. A friend of mine did the same thing. when it leveled off to 32, I told him to get back in - he did, at 63.
This is a long term stock. I have held it for over 10 years. And when it dipped to 80 nearly 2 months ago, that was a real buying opportunity. I did load up more then, but in hindsight should have even bought more.
120 may be a little aggressive for the next 8 months, but not the next 15 months. And remember this, Iger isn't retiring in 2016 (after star wars) - he is sticking around to 2018. To me, that means we will see something like 150 - 200 in 2018.
we seem to have reached a nice base. holiday season buying is making everyone nervous. hopefully with lower gas prices customers will be a little more at ease at both travelling to big 5 and buying there. the rain that CA is getting may be easing the drought, and providing the right season for west coasters to need more athletic gear too. maybe a nice price earnings report will push it over 14 and approach 15.
I am very very surprised that the dividend went up so much. I would have thought that it was only going to a $1.00, with Disney putting more emphasis on stock buy backs.
This is a good sign that Disney is very very optimistic about the coming year.