Wednesday, February 6, 2008

Top 25: #10 Disney

I did enter DIS the other day after hours when the great earnings report came out. At 31.50, I'm still up a bit, but waiting for a climb. The cautious guidance from the company may have put a lid on the stock, but it is still well below its one-year high (35 plus). Still trading below its 100-day SMA. Disney cruises are booked. ESPN is making serious bank. Theme parks doing astoundingly well in the face of this recession (?). But I'm playing this as as short-term trade for now.

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