Friday, February 8, 2008

Disney closes out a strong week

I am a friggin' Hannah Montana fan in the best way right now. Instead of faltering today, shares of Disney finished up more than 1% to 32.12 — quite a bump from Tuesday's close of 30.07. I got in after hours that day at 31.20, tickled by the company's resilience and breadth of success from Hannah Montana's concert film to theme cruises.

Disclosure: I never wanted to to go to Disneyland, but I wound up there once. Still have no desire to go back. I'll probably never go on one of those hugely popular family theme cruises. I don't even want to see Hannah Montana, even with a free ticket.

That said, I'm still holding my DIS shares even though Corey Rosenbloom expects a pullback. He's obviously a very astute observer, but the strength of Disney makes it a happy hold. At least until the next market panic.

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