He just keeps going up in my estimation.

  • UnderpantsWeevil@lemmy.world
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    4 days ago

    the only way to hurt disney is people cancelling thier disney+, espn, hulu plus subscription.

    Can they keep going to the parks, watching the movies in theater, and buying the merch?

    Cause streaming isn’t a significant part of their business.

    • tetris11@feddit.uk
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      4 days ago

      If a number goes down, even a little, on any one of their ever increasing revenue inputs, it’s enough to panic investors

      • UnderpantsWeevil@lemmy.world
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        4 days ago

        People have been saying that since Biden. But so much of the capital is tied up in Hedge Funds and at such a high price point that there’s not a lot of people to sell it to.

        Dumping stock only makes sense when there’s someone to take your bags. If you don’t have a designated mark (the US Treasury during the '08 collapse, for instance, or the recent 10% stake in Intel that the government just took) then all you can do is hold.