donaitelo
Short

Dis - Looking for Disney to repeat the 2000-2003 crash

NYSE:DIS   WALT DISNEY COMPANY (THE)
Hello everyone, as we can see, 2000 - 2003 crash was around 70%, this crash is the biggest one in many many years, so we are expecting a bigger drop to around 30$. Right now we will see some rebound, but untill 2021 March - May, I am bearish .

Comments

While I follow your premise I have DIS is not the same company it was back then. Has and will def continue down but I personally don’t think it will get that low. Time will tell where the bottom is.
Reply
donaitelo chastot
@chastot, Thank you for your feedback, I wish we don't go into such a recession, but given the fact we had 10 years of bullmarket, I think we are going to see everything colapse before going back to make new all time highs. I hope I am wrong, but my call is to see a lot of companies -60% - -80% . Good luck!
Reply
@chastot, I agree. I'm still bearish but they hold one of the most valuable assets today, content and creativity. If parks and cruiselines close they will find a way to get more out of their content. I'll probably start nibbling at $65-$70
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