Disney stock drops $6.24

Discussion in 'Community Board' started by Rickat96, Oct 24, 2018.

  1. Rickat96

    Rickat96 DIS Veteran

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    Big loss for a one day trade- Down to $111.61.

    Can it go lower?
     
  2. Shanti

    Shanti Momketeer

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    It can. Who knows if it will.
     
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  4. Sweettears

    Sweettears 50 years of Disney and counting

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    The market has been down across the board for much of October. It shouldn’t be much of a surprise.
     
  5. cruiser21

    cruiser21 Registered

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    Totally shocking! Just kidding. I fully expected it.
     
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  6. runwad

    runwad Dis Veteran

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    Wa-hoo a sale!!
     
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  7. manning

    manning Just for that I have requested it

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    Think long term. You can't predict the absolute high or low
     
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  8. tvguy

    tvguy Question anything the facts don't support.

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    LOL. I bought my Disney stock 30 years ago. Factoring in several splits, my cost basis is $9.17 a share. Throw in the $100 a quarter dividends, I'm not concerned.
    I paid $110 a share for 10 shares, that are now 120 shares.
     
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  9. Imzadi

    Imzadi ♥ Saved by an angel in a trench coat!

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    It's still up from when I bought it. So, all is still good for me. :thumbsup2

    Like Manning said, think long term.
     
  10. snappy

    snappy Survivor

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    Yea, tomorrow is another day.
     
  11. Cannot_Wait_4Disney

    Cannot_Wait_4Disney Ok all you A cattle, get in ...

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    DJIA, S and P 500, and Russel 2000 indexes are all now down for the year to date.
    The Nasdaq is still up.
     
  12. MillauFr

    MillauFr Buzz & Woody

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    Tesla is rocketing higher. They are worth more than GM, Ford, or Chrysler.
     
  13. Sweettears

    Sweettears 50 years of Disney and counting

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    Wouldn’t be surprised if NASDAQ joins the party
     
  14. robinb

    robinb DIS Veteran

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    So what’s your point? The market is in a nose dive. I lost nearly all my gains from the previous 9 months.

    Wall Street is not for the timid.
     
  15. Sweettears

    Sweettears 50 years of Disney and counting

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    Who’s point are you referring to
     
  16. robinb

    robinb DIS Veteran

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    That there was a big loss in Disney’s stock.
     
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  17. randomdisneydad

    randomdisneydad Earning My Ears

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    Dis stock has been a rollercoaster ride for the last year, Up's downs its all part of it. Investors get scared and dump stock, I buy more every time it's down. I'm down around $1400 on Disney today..... I have confidence it will go back up. I'm sure the price increases, new attractions and the streaming service will make for some killer gains.
     
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  18. xlxo

    xlxo DIS Veteran

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  19. _19disnA

    _19disnA Mouseketeer

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    Not clear if the OP is asking for specific buy/sell recommendations or just curious. If you are planning to sell the answer might be different then if interested in buying. In the long run, I would look for stocks of successful companies that provide goods/services many want. Avoid the flash in pan type companies who are mostly driven by hype, where some are trying to chase the next 'big thing'.
     
  20. neverlandsky

    neverlandsky DIS Veteran

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    The stock market itself is overdue for a correction. The housing market is extremely overvalued again. Personal debt statistics are at an all time again. Brick and mortars aka retail are taking a huge hit.

    What’s the plan? If you can sit tight. If are currently living below your means & have 6 months liquid savings as an emergency fund, you’re better off then the majority. You can ride it out like the roller coaster the stock market, housing market, and the economy has always been. Never jump out of the roller coaster mid ride.
     
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  21. xlxo

    xlxo DIS Veteran

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    It's up 2% after an hour his morning.

    Much better than putting my money in DVC.
     
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