Looks like the moment of truth for Mickey & Co.
I have been covering this one for a long time, with numerous mentions that Disney is a sell / short.
How low this thing will go, we do not know. Right now I am comfortable saying, -50% is probable.
While there are many factors in play, the broader economy is weak and Disney has done nothing but push people away with their radical political positions. Additionally, the destruction of "woke" mob is unfolding before our eyes.
Short Disney. Make Money.
If this changes, I will update.
I have been covering this one for a long time, with numerous mentions that Disney is a sell / short.
How low this thing will go, we do not know. Right now I am comfortable saying, -50% is probable.
While there are many factors in play, the broader economy is weak and Disney has done nothing but push people away with their radical political positions. Additionally, the destruction of "woke" mob is unfolding before our eyes.
Short Disney. Make Money.
If this changes, I will update.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.