DIS - Shanghai Disneyland Tickets to Reopening Sell Out in Minutes

Whaddy'all think? BUY?

https://www.bloomberg.com/news/arti...ld-out-in-minutes-for-reopening?sref=jjnfhs7c

 

Buy what?

DIS was a screaming buy in the low $90s as I have mentioned in other threads.

$108 right now and when they get back sports (ESPN) and FALL lineups (ABC) and get to summer movies (MARVEL), they should recover somewhat from the closed parks.

 

When... that is the key word in your response. WHEN???

 

You will have another chance.
DIS will trade in the 90’s again this summer.

I just hope it happens before they announce they are opening the parks (at lower capacity) and it pops $10

 

Interesting that most of their revenue stream relies on their parks yet they are totally closed and this stock is still trading above $100...

 

Gotta love the headline “Disneyland tickets sold out in minutes for reopening”

They’re only allowing 30% capacity!!!
If they couldn’t sell out 30% capacity they wouldn’t have reopened.

 

Great point. Thats the way to look at it....same thing will happen here in the US as they open up to a limited capacity.

And I wonder how many more dollars they will raise ticket prices that are already a complete rip off.

 

Please stop telling the truth. I can't handle it.

 

Amazingly Disney all time highs are not that far away. I am shorting Disney.

 

No that far away? It’s still down $44 or ~29% from its ATH