Down 40% lifetime on Disney stock at the moment, had been buying on the way up to $200ish and on the way back down but stopped at about $100 for an average of $139 per share.
I know Disney has so many sources of income but if feels like the stock has just stalled in the middle of a lake and is stuck without a paddle. Between mid-level remakes, parks not hitting expectations this summer and no dividend on the stock, not really confident I’ll be getting my money back anytime soon.
I’m in Disney for the long haul, but trying to figure out when the best time to add more is so I can start digging myself out of this 40% hole. I dont feel as if it will get to $60-70 range but its been still dripping toward $80 constantly.
What do we think? Is this stock just toast or will it come back as time progresses?
Leave a Reply