4 Jul 2022 11:28 am
Their target market for the parks is people with children, and most people with children are NOT in favor of "don't say gay" laws, and do not care one whit about whether Disney gets to politically control the Reedy Creek Improvement District or not.
The entire stock market, both bonds and stock are down/ Even gold and cybercurrencies are way down. The market is not based on earnings of the companies involved: it is based on what some people THINK OTHER investors will invest in based on future prospects.
Many investors believe that high gasoline and rising motel prices will result in fewer visitors to Disney. Will Disney go broke? Not much chance of that. They still have Pixar and their own films and YUGE amounts of real estate.
How do you make money on the stock market? Buy low, sell high.
Disney is selling at a rather low price. It is almost a sure thing that the price will rise sharply at some time in the future. Certainly within the next three years.
The entire stock market, both bonds and stock are down/ Even gold and cybercurrencies are way down. The market is not based on earnings of the companies involved: it is based on what some people THINK OTHER investors will invest in based on future prospects.
Many investors believe that high gasoline and rising motel prices will result in fewer visitors to Disney. Will Disney go broke? Not much chance of that. They still have Pixar and their own films and YUGE amounts of real estate.
How do you make money on the stock market? Buy low, sell high.
Disney is selling at a rather low price. It is almost a sure thing that the price will rise sharply at some time in the future. Certainly within the next three years.