SP500 S&P 500 Index 11 POINTS AWAY FROM NEG-! THE LIZARD KING $4,129.26 11.40 (+0.28%)11:07 AM 02/09/23
Florida lawmakers to vote on plan to give DeSantis new power over Disney By Steve Contorno, CNN Published 10:21 AM EST, Thu February 9, 2023 Florida Gov. Ron DeSantis speaks during a news conference in Ocala on February 8, 2023. - I WANT TO MAKE JIMMY CRAMMER LOOK LIKE AN ASS! CNN — Florida lawmakers are expected to vote Thursday on a proposal to give Gov. Ron DeSantis new power over the state’s most iconic theme parks amid his ongoing feud with Disney. Under a fast-tracked bill that could be headed to the Republican governor’s desk by the end of the week, the state would take over the Reedy Creek Improvement District, the 55-year-old government body that has effectively given Disney control over the land around its Orlando-area theme parks. The district’s existing board, made up of individuals with close ties to Disney, would be replaced by a five-member board hand-picked by DeSantis. The state House, where Republicans hold a supermajority, will take up the bill Thursday with a vote by the state Senate likely within the next 36 hours. If the measure passes the GOP-led legislature, it will go to DeSantis for final approval. He is expected to sign it. *****THIS COULD BE DOWN HUGE IF THE VOTE GOES DESANTOS' WAY
Ku-Ku-Kee-Choo! Hey Stoney. I told ya so. Expedia is dropping fast. You should have got out when I said and rolled into those March $130's on ABNB. EXPE had already ran up with the airlines. ABNB is a cashcow. It's expensive don't get me wrong, but they print money. Your EXPE idea was to play travel, the better way is ABNB. Your March EXPE $130's are down to $2.85 now. If that stock doesn't gap up nicely tomorrow.... those things will get chopped in half. Fair warning.
I do like the EXPE chart though. Tbh. Fundamentally it's cheaper than a lot of other tech stocks. Their operating margin could be better. That's what the analysts are gonna focus on this time I suspect. They need to get those higher than 5%. ABNB's by comparison are 20% plus. Revenue growth will come in nicely yoy, they'll more than likely beat on the top line, and I don't see how they can't not revise upwards, but I think that's probably already priced in. All eyes are gonna be on those margins. The straddle is pricing a 7% move. I think there's still hope Stoney. You might be ok on this one. I think the better play however, would be to sell The March $120 straddle for $14 here, let the earnings come in, let the dust settle, and then buy it back. Better to take a base-hit than swing for the fences. Why does the stock have a "failure to meet nasdaq continued listing requirements" tagged on to it? Must be a paperwork thing, nothing to worry about for now. Like I said, the chart looks decent Stoney, so its up to you whether or not to close it before tonight. $2.79/$2.87 bid/ask on the March $130's as I type. $118.06 on the stock.
Hummmmmm. Markets look negative I know I am really pushing my luck here but I think we begin a run tomorrow to Feb 14 <---------
I'm kind of showing off at this point and deserve to get stung. But have you ever seen anyone better at timing the market?
Crammer said buy at $118 he had meat juice on his chin!!! <-- busted. I sent him emails he must be fuming!!!! And he will defend this to the max... but what if the court case goes wrong... Down $5 + Take half off/// DIS The Walt Disney Company $113.44 +1.66 (+1.49%) 12:49 PM 02/09/23 NYSE | $USD | IEX real time price