Blame John Carter. Don't blame ESPN. Disney is a strong stock, let's not kid ourselves here. $140M "miss" is nothing to be concerned with. Take a look at the stock market over the last two days- Sell-Off City. Great opportunity to buy Disney.
John Carter was a very entertaining movie and intriguing storyline that no one knew was in theaters. Rent it and you won't disagree. The Princess of Mars (JC is based on that book) is the grandfather of nearly every sci-fi/fantasy/epic movie that we love.
I saw it in theaters and really enjoyed it, I think the problem is they made a good movie, and marketed it in such a way that only fans of the comic would be inclined to go see...
The story is decent and the effects / visuals are very very good. Too bad though
You look at the forward P/E because next year is just around the corner. It is 14. And DIS is down 12% from the high, so if it just gets back to where it was, then you are looking at a 12% gain plus the dividend. I have to think that you will get that by spring break.
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Don't blame ESPN.
Disney is a strong stock, let's not kid ourselves here. $140M "miss" is nothing to be concerned with.
Take a look at the stock market over the last two days- Sell-Off City.
Great opportunity to buy Disney.
http://seekingalpha.co...
The story is decent and the effects / visuals are very very good. Too bad though
Weekly Research Analysts’ Ratings Changes for Walt Disney (DIS)
Thomson Reuters reissued their stock report with a Buy rating.