Thursday, February 7, 2008

Disney longs in fantasy land?

Still holding my DIS shares, which rose above 32 today in after-hours trading. Last trade was at 32 even. No reason to fear the future, but I am concerned about holding DIS beyond the short term. Can Disney be recession-proof? We don't know. We only know that the recent quarter was stellar.

Corey Rosenbloom thinks DIS is headed back down, in probability.

>> We’re Going to Disney Land!

Citi Investment Jason Bazinet was wrong about his sell call on DIS last week, but is still a bear. David Miller (SMH Capital) thinks the opposite. He expects DIS to hit 44 this year.

>> Disney Q1 results keep bears at bay

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