If you loved Disney at $197 in 08/21, you must really love it today @ $82

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Old 08-25-2023, 04:18 AM
mickey100 mickey100 is offline
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The theme park revenue has slowed slightly this summer. Experts say it could just be the intense Florida heat or Americans pulling back on vacations following last year's "revenge travel" phenomenon. Economists are saying the stock is at a low because the streamlining services are not doing well.
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Old 08-25-2023, 05:37 AM
Stu from NYC Stu from NYC is offline
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Originally Posted by Topspinmo View Post
They totally understand their customer pigeon base.
If they did would not have gone down this road.
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Old 08-25-2023, 08:23 AM
CoachKandSportsguy CoachKandSportsguy is offline
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If they did would not have gone down this road.
perfect display of the failure of identity politics. ..

I bought it for the earnings pop and sold it right after the pop. .
buying and selling stocks for profit can be a politically agnostic experience, however, spending hard earned money is a different issue. .

The economy and businesses are cyclical, Disney will be a buy eventually along with alot of other stocks for making money. .

the obvious answer to the question: "which is harder: growing a business profitability for 40 years? or screwing up the growth with a few greedy or dumb decisions?"

which is why one doesn't buy and hold blindly forever, ergo selling and paying capital gains is the byproduct of successful investing. . and successful investing is not losing all the gains made over time. . . and why is prefer shorting dumb decisions and fomo than buying and holding.
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Old 08-25-2023, 08:45 AM
MrFlorida MrFlorida is offline
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It's become from an annual vacation, to a once in a lifetime vacation for a family .
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Old 08-25-2023, 08:51 AM
Hape2Bhr Hape2Bhr is offline
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Budweiser comes to mind…
Budweiser... is that a horse and buggy company?
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Old 08-25-2023, 08:56 AM
Stu from NYC Stu from NYC is offline
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Originally Posted by mickey100 View Post
The theme park revenue has slowed slightly this summer. Experts say it could just be the intense Florida heat or Americans pulling back on vacations following last year's "revenge travel" phenomenon. Economists are saying the stock is at a low because the streamlining services are not doing well.
Many of us think there is a simpler cause of this.
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Old 08-25-2023, 08:57 AM
Bill14564 Bill14564 is offline
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I refuse to go because a bottle of water costs $7! Seriously? You make your customers spend nearly $30 (family of 4) to keep hydrated in the hot Florida sun? No thanks!
Not sure where you saw $7 water but I'll be there next week and will look for that. The last I checked (not often) it was about $5. Still not cheap.

Better choice for water is bring your own and refill at fountains or filling stations.

But water isn't the issue with Disney, all their prices are high and have been increasing steadily in recent years. Up until now the argument has been that the parks are full so the prices aren't keeping people away. Well, the parks aren't full now. Whether that is due to the heat, the end of the post-pandemic vacation surge, or the prices, Disney needs to pay attention.
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  #23  
Old 08-25-2023, 09:47 AM
Babubhat Babubhat is offline
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Disney has become stale. The reservation system is intolerable. Universal taking their customers
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Old 08-25-2023, 09:54 AM
Whitley Whitley is offline
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Originally Posted by manaboutown View Post
Disney ain't what it used to be. It has been run into the ground by mismanagement.
I hear they have a great ESG score.
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Old 08-25-2023, 09:58 AM
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Disney has become stale. The reservation system is intolerable. Universal taking their customers
We are Pass holder at Disney and Universal, both has been a ghost towns since end of pandemic. Disney lines are much longer than Universal, plus they aren’t selling out of specialty events like Disney. It’s nice to go to universal and basically walk on to rides.

Both prices are pretty close, but if you have young children, you aren’t going to take them to Universal to get the crap scared out of them. It scares me at times, so can’t imagine spending money for a 2-10yo, unlike Disney that is geared for younger crowds and sold out nights the opening ticket sales.
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Old 08-26-2023, 04:33 AM
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Default Good Riddance

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Originally Posted by Tvflguy View Post
They are reaping what they sow. Disney has disgusted 45% of their customer base. Ourselves included.

No way would we be a consumer of them now. We are following our hearts by not funding their corporate beliefs and stands. As well as other companies which we will not continue to be consumers.

We can stand for our beliefs by not opening our wallet.
G good stay away
  #27  
Old 08-26-2023, 05:01 AM
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Had friends in and their choice was Universal, because of the coaster rides. Expected to wait hours in line, bought a multi day pass. Found the food prices about the same as any theme park, but shocked at how small the crowds were. Bonus for them, got to ride their favorite rides multiple times.

I know that many local pass holders like us have stayed away from parks due to the heat, but wait time for Disney popular ride have 60 to 120 minutes. MK has been packed all year, other 3 parks not so much
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Old 08-26-2023, 05:05 AM
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Originally Posted by mooser View Post


G good stay away
Wow. I bet your were a business major in college.
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Old 08-26-2023, 05:30 AM
merrymini merrymini is offline
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I though Iger would right the boat but he has not been effective. Maybe someone who has less connections to the company would have the guts to do the right thing.
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Old 08-26-2023, 06:45 AM
MidWestIA MidWestIA is offline
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Default Dollywood

I like Dollywood Disney is too expensive with too much I don't care about - had some work conferences there that was enough
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