DIS to close due to COVID19

SeaWorld soon to follow. Of course; because my kid was going to both for Spring Break.

 

All my kids sports events got cancelled.

 

Disney is done, biggest money maker closing, stock will get another 30-50% drop

 

Fucking bat eaters.....if my June trip gets cancelled....I'm a be pissssed.

But...going to start accumulating DIS stock...

 

I wouldn't touch Disney until its 50% lower!!!

Unless you buy every $10 drop

 

Keep heading south..He might be ready for Cabo.

 

Certainly could lose a lot more from where it is but I might start buying 50 shares every 2 weeks for next few months in long term account.

The parks are revenue but DIS is ABC, ESPN, Marvel, Pixar, Merchandising, Licensing, etc... 1 set of parks closing for a few weeks is a hit but not like old DIS where it was majority of revenues.

Market will overblow the hit but DIS crowds have a spike for Spring Break and then die down until end of June. By then we should be "normal".

 

lol my 12yo (daughter).

 

Once these virus cases drop off yes in sure disney stock will find some ground but with everyone in "panic" mode who knows how long that will be

 

My son-in-law is running in the Boston Marathon (was Apr). Probably going to be put off until Sept.

Frucking Froo!