If you loved Disney at $197 in 08/21, you must really love it today @ $82
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. |
Disney ain't what it used to be. It has been run into the ground by mismanagement.
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Wow guess they do not understand their customer base.
Incredible what a 4 day stay at their parks cosdt these days |
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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. |
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Sold at $185. If drops more will buy back
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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. |
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I love Disney. I would pay.
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I would invest in Enron before I would Disney. :welcome:
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Budweiser comes to mind…
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