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Carnage At The Happiest Place On Earth - Disney Down 8% Overnight
Disney is down over 8% from post-earnings highs for its biggest drop sicne at least Oct 2014 and back at 2-month lows... The Happiest Place On Earth... isn't...
Having greatly rotated from AAPL to DIS, where does the smart money run now?
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That's all folks
That was Warner Bros, but relevant anyway, doc.
Couldn't happen to e better group of investors.
Disney is such a horrible company.
M I C !
K E Y!
Ah fuck it...
+1..., it's too early.
Poor Walt.
Screw Disney! Bunch of commies indoctrinating children with fascist policies.
Disney can go choke on a bag of dicks.
Disney: fags and pedos
should be bull-dozed completely.
Disney is a disgusting company. Spewing mindless and violent filth and propaganda like the rest of Hollywood. They pay their employees at their resort hotels like $9 to 10 a hour to kiss ass of the retards who stay there. Creepy company but even during Walt it was not so clean. Walt was buddies with Von Braun and MIC to push the NASA scam. As more and more lies, false flags and other corrupt crap is exposed - I doubt NASA did much of anything except line the pockets of defense contractors.
They can fix this, cut labor cost by expanding the Mexican Pavillion at Epcot to encompass the entire park.
^ Comment of the Year!
Booboo - Haha hah hah. Good one.
Mickey isn't going to like this.
http://www.clipartbest.com/cliparts/xcg/oyd/xcgoydB7i.jpeg
no jobs = no money - no Disney
Such a complex idea the economists at Princeton cannot fathom it.
Disney needs to make cheap Mexican films.
More like QE = share buybacks = higher asset values = vacation to a private island = death to the middle class
Did Disneyland in late May...your formula is incorrect...place was packed to the gills and I was there on a Tuesday and Thursday before most of the nations schools let out for summer.
It's the "Happiest Place on Earth" for about the first 2 hours after opening...then it's just another WAY OVERCROWDED amusement park...hours lines for everything...it's absolute hell...I plan to never go again.
We went on a personal no Disneyland strike when they PC'd the Pirates of the Caribbean. No dears, the Pirates are not chasing the beautiful damsels for food and I suggest if pirates come to call at our house you don't offer them a plate of good cooking to satisfy them.
Miffed
No dears, the Pirates are not chasing the beautiful damsels for food...
Johnny Depp and Keith Richards play cannibal pirates who eat the damsels? ;-)
Who knew. I never saw any of that crap because I avoid hollywood and TV shit. Hollywood - where the kids who do not make it - end up a few blocks away in the San Fernando Valley doing porn.
F Tv and F Hollywood.
Typical reaction to an amusement park, yet they are always over crowded year round. Heaven forbid you want to go in the winter to avoid the heat, when the whole continent decides to seek refuge here.
They should raise the price of admission to where over crowding is no longer an issue, but how would the inflationist hawk feel once little Johnny can't meet Mickey because he got priced out?
What's ironic is that same inflationist hawk would argue that those who cannot afford a ticket today can rightly fuck themselves as they have no business buying tickets they can't afford.
What to do...
Maybe some Americans are getting hip and they are pulling the plug on vile Hollywood, Disney's theme parsk, hotels and cruise ships.
Disney and Hollywood are 110% behind Obola and his puppet master destroying America. Hollywood libs decry violence but almost every movie has a gun in it. They love simulating the most disgusting, vile and endless violence and destruction.
The comie book crap is their newest spin on violence or Spielberg's violent movies with dinosaurs eating people or sharks. Any blood and gore they spew out plus Big State endless police state propaganda is good for the big $$$$$$$$$.
f*****ng Hollywood scum.
With the rise in the USD, revenues from tourism will likely fall sharply - especially with CDN visitors
Need more H1Bs at Disney to cut costs by eliminating American workers.
Agstacks works for a company owned by Disney. Already talk of "improving shareholder value for our parent company".
http://www.theatlantic.com/business/archive/2015/06/disney-h1b-visas-imm...
At Disney you get to train your Indian scab after you get "pink slipped".
Good, I hope the company continues to get smashed. The shit they put on teeve to indoctrinate our young and the the way it's gone from decent programming to an early introduction into smut is disgraceful.
Good grief! In normal times an 8% decline would put it back to 2 or 3 year lows, not 2 friggin months!
Really..., slow news day, I guess.
Yeah, just a correctioj. " And the stock is still up 20% in 2015."
It was from ESPN's (most profitable holding of Disney) revenue being low, not the Disney Empire.
ESPN giving Bruce Jenner a courage award probably has old Walt turning in his freezer. Just when you think American culture can't get much lower, it does.
I was going to say he's not on ice, but as it turns out, he's not in a box, either - so we are both wrong.
http://www.snopes.com/disney/info/wd-ice.htm
Walt has been rolling in his grave for years now.
Hell, if they could harness his dead body to a generator they could power one of his parks.
This X10. Everytime my kids have disney channel on the parents are the show are complete morons. Kids solve their own problems and help parents see all the mistakes they made. Long way from "Father Knows Best".
Peopl think I'm an idiot for not wanting my kids to watch Disney Channel. Really don't want them being taught that I'm and idiot and they know better than me though.
Exactly, and how about the shows where the kids have no parents and are fending with themselves? Usually they are singers teaching our kids to worship fame and fortune. It's disgusting.
I saw that girl from High School Musicals naughty bits a few years back. Disney knows how to hire "talent" let me tell you.
I imagine there are quite a few Disney cast members that have to undergo some type of initiation to get the part.
Sometimes when I'm channel surfing over XM and I pass the Disney Channel, it is crap.
Unplug the TV. Disney changed Hannah Montana into Miley Whore. A really sickening company like the rest of Hollywood and TV. F TV and F Zollywood.
+1 for the Zollywood reference. AKA Whoreyweird
Disney broadcasts the same truth-speak on the radio. A lot of small local radio stations broadcast Radio Disney which seems to be a mix of Auto-Tune damaged pop songs and culturally damaged meanderings by the host.
We took one look at the slimy PC crap on the Disney Channel and pulled the plug for our kids. We allowed TV land because hey, Gilligans Island, I love Lucy and , the Carol Burnett Show, and Star Trek didn't rot our brains they may grow up unscathed by TV.
We watched Twilight Zone as a family often. That show brought out a lot of provocative discussion. One of the few shows where there wasn't the ubiquitous happy ending they were so used to.
Miffed
Lucy was a commie then became an FDR Democrat (FDR = worse commie) then an Ike Republican.
http://hollowverse.com/lucille-ball/
Ike was the one who had the guts to warn us about MIC. Ike should have sat down with JFK and really warned him about MIC and that evil snake f**k LBJ.
She must have made a fortune off DesiLu productions which I think also owned or produced Star Trek. Her kids seemed to turn out okay so maybe she was a decent parent.
The way things are going economically, it might be worth visiting their parks in a few years cause there won't be any long lines.
Because their parks won't be there.
Just raise prices...people will pay, with what money; I have no idea.
Common trend lately. I've been seeing local restaurants and Diners in New York jacking prices up and then the owners get all confused when volume drops.
Restaurants were booming the past two years because it was cheaper to order out than to buy at the market and prepare at home. Not anymore.
Expect huge problesm with the Food/Hospitality industry.
To quote a patron, I overheard "You want how much for a plate of cheese fries and gravy, Motherf@@ker"
Disney ticket jumbo bank loans! Wow! I knew there was a solution to this!
+1
I recently was in a smaller town area and ended up stopping at one of those all you can eat places that is a chain. The buffett was about $11.99 plus $2.29 for a drink. They had these poor ladies who take the plates away. I felt sorry for them so left $2.00. The food was pretty crappy. The salad bar was okay. So i end up paying about $18 for this "dinner."
It is a mid America type place. What an overpriced sh*thole. My local Italian restaurant has an early bird dinner for about $10.50 and it is very good. Includes ice tea or coffee.
Food inflation must be killing restaurants. EBT/WIC cards are not helping especially for people like most of us who actually pays for our food.
I hear the sequel to "Inside Out" is going to be called "Upside Down".
Horrible Movie.
Hollywood or Zollywood and TV are in the sewage business.
They spew out endless shit. Violence, propaganda, police state worship, historical revisionism, anti-white hatred,
One word: China
Maybe they can dig up Walt and rehypothecate his soul at 100x leverage to get back to "Never Never Land."
Hey, it's Wednesday....that's, "Anything Can Happen Day!"....right?
Dupe
Mickey Mouse is racist.
Fuck Disney, I'm sure Walt would be rolling over in his grave at the tribal run cesspool his creation has become.
Current ticket costs for Disney World are about $100/day. (Link: disneyworld.disney.go.com/tickets). Not only are ticket prices astronomical, but families have to spend additional money on transportation, food and lodging. We are witnessing the result of decades of tax cuts for the wealthy, financial deregulation (repeal of Glass-Steagall Act; passage of Commodities Futures Modernization Act of 2000), union busting, job out-sourcing (NAFTA), more tax cuts for the wealthy (Bush II), followed by taxpayer funded multi $ trillion wars in ME and multi $ trillion Wall St bank bailouts. These policies were formulated by large corporations and congress to increase corporate profits and cut wages for working people. The end result has been the largest financial disaster since the Great Depression and may well end up being worse. Disney is seeing first-hand the results of these policies in action.
Obviously the economy cannot grow unless working people have more disposable income (increase in wages). Exactly the opposite has taken place over the last decade. >90% of “new” jobs in the US are “temp” positions- read minimum wage, no benefits and zero job security. How are workers at Walmart, McDonalds, Burger town, Target, etc. going to afford going to Disney World, when they cannot cover food and rent? As an earlier ZH post pointed out, you can manipulate earnings, but you cannot invent sales revenue.
But the stock prices!! Time to raise the ticket prices 30%, that'll fix it!
Disney World, Disney Land and many retailers like Target, Dillards, Sears and a lot of others are based on a middle class that no longer exists. They want more illegals because many illegals and even "legal" Chinese and Indians are experts in avoiding paying taxes and working the cash economy.
Mexicans at Wal Mart with WIC/EBT cards buying food and pulling out big rolls of cash for the non-free stuff.
Big business wants more illegals for slave labor and because Mexicans shop at Sears. Nobody else does anymore.
Oh no..Disneyland's "Main Street" is being trashed by Wall Street...
Good, I'm glad. Disney is one of the 5 media cartel conglomerates sending stupidity into our brains.
I was in Orlando last week for a conference and had no desire whatsoever to go to any of the theme parks. It was all a big clusterfuck. I don't even see how parents with kids handle it.
As a kid growing up - all my friends went to Disneyland, or Disney World or whatever the fuck it is. I often wondered, since we were poor folk. And yet, as I recall, few of my friends ever really talked about their "adventure". So, based on their feedback, I figured it weren't worth fuck all anyhow and I never missed nothing. Just saying.