[HandyGrandpap]

Nine year low today at $82.
Parks cost too much, long lines, hotels overcharge.
If you listened to the last Quarterly update, their answer to lower revenue is to increase prices.


Disney closes at lowest in nearly nine years as investors turn bearish | Reuters.

[manaboutown]

Disney ain't what it used to be. It has been run into the ground by mismanagement.

[Stu from NYC]

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

[Randall55]

Originally Posted by Stu from NYC

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

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!

[Tvflguy]

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.

[Robbb]

Originally Posted by manaboutown

Disney ain't what it used to be. It has been run into the ground by mismanagement.

Greed destroys all. Universal is next. I just priced tickets for 2 to go to that Halloween fright night ....with ride's, between $450 and $550 for 1 night. Oh parking is extra.

[asianthree]

Sold at $185. If drops more will buy back

[Stu from NYC]

Originally Posted by Robbb

Greed destroys all. Universal is next. I just priced tickets for 2 to go to that Halloween fright night ....with ride's, between $450 and $550 for 1 night. Oh parking is extra.

Incredible, prices like that removes lots of people from going to their park.

[Pairadocs]

HandyGrandpap;2249108]Nine year low today at $82.
Parks cost too much, long lines, hotels overcharge.
If you listened to the last Quarterly update, their answer to lower revenue is to increase prices.

Yep, totally agree. Hesitate to write this (in fear of sounding like the person who goes to the race track or Las Vegas and never loses a $) but did have D stock in he "old days", and held it for years, it was a good investment, but in keeping with "pigs get slaughtered" theory of stock holding, did sell it way before the became "woke". Love the park here, at least 18 years annual pass holder, every food and wine event, every flower and gardening event, some really memorable meals, etc. HOWEVER, saw the "writing on the wall" even before the pandemic shut down. The astronomical prices of such simple things as a "continental" breakfast for $18, a danish and a "bottomless" cup of coffee ! Don't even follow the stock since selling at an all time high because no confidence in management, and you are so right, they do not seem to recognize constantly raising prices is NOT going to pull them out of their problems. It's a shame, a really iconic company that has trashed "Walt's dream". Did "Walt" dream of riches, sure did, but with a balance because he was not "tone deaf" to the public pulse.

[Pairadocs]

Originally Posted by manaboutown

Disney ain't what it used to be. It has been run into the ground by mismanagement.

It sure has been. Happy we have so many good memories of years and years of it at its best. It's really starting to show in the parks, apart from the prices, and the food quality (not terrible but nothing like in the "hay days"). Not motivated to buy back stock at this low price... just no confidence in a management that appears a bit schizophrenic !

[Pairadocs]

Originally Posted by Stu from NYC

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

Totally agree they do not understand their FOUNDATIONAL customer base. They definitely had fabulously wealthy entertainment stars and mid eastern oil kings and their families, but they failed to realize that is not the foundation they need, it was the "extra", the "cream" on top. Seems the whole concept is totally misunderstood, or mismanaged, or something ?

[dwoodley1975]

I love Disney. I would pay.

[Topspinmo]

I would invest in Enron before I would Disney.

[Topspinmo]

Originally Posted by Stu from NYC

Wow guess they do not understand their customer base.

Incredible what a 4 day stay at their parks cosdt these days

They totally understand their customer pigeon base.

[ThirdOfFive]

Budweiser comes to mind…