Disney Stock

[hobie16]

Disney Surges on Positive Analyst Reports

... reached a series of 52-week highs this week after Morgan Stanley raised its price target for the media and entertainment company to $44... shares rose almost $1 from yesterday's closing price and peaked at $39.98... increased his 2011 earnings estimate for Disney to $2.44 from $2.38... raised his price target to $42 from $40 due to "stellar fundamentals at ESPN,"... also expects Disney to benefit from its growing cruise line... currently working on a fourth ship, to be called the Disney Fantasy, scheduled to be complete by March 2012... Disney scored billions of box office dollars with the three highest-grossing movies of the year, Toy Story 3, Alice in Wonderland and Iron Man 2...

Complete article at http://www.thestreet.com/_yahoo/story/1 ... &cm_ite=NA

[darph nader]

Knew I shoulda bought stock when it was $5.00 a share 30 years ago. :mad:

[Cheshire Figment]

The Walt Disney Company board in early December declared an annual cash dividend of $0.40 per share, up five cents from the previous year. The dividend is payable on January 18, 2011 to shareholders of record at the close of business December 13, 2010. This is a 14% increase.

Of course Disney only pays dividends once a year due to the prohibitive costs in processing checks. Think of the number of shareholders with between one and ten shares of stock. This number approaches a million.

[hobie16]

This number approaches a million.

I'm thinking that a pretty conservative estimate. I'd bet there's a lot of single shares hanging on kid's bedroom walls.



And then there's programs like this.

[Mayonnaise]

Why do I think I have a single share someplace... from my Grandparents when I was little... wonder what happened to that thing...

8^/

[Goofyernmost]

My sister once bought me 5 shares of Disney for a Christmas present. I never saw any of those fancy, smancy certificates, just a notification from a broker that I had the shares in my name.

During the entire time I owned them they were never worth more than $25.00 per share. A couple of years back the broker sent me a notice that they would be charging me a $60.00 per year charge for services (like they actually did anything). Doing the simple math by the end of two years. I would owe them more money then the stock was worth. I sold it. I will probably be really mad when the stock goes up to $100.00 per share splits and splits again and before long I become a millionaire, but until then I'm OK no longer being a stock holder.

The thing I miss most is the ability to go to WDW and demand special treatment because I owned part of that whole place. I knew that this made all the CM's shiver in their boots when I mentioned it.

[hobie16]

You should have told the broker you wanted the shares. Then you would have had the certificate.

Besides, the broker was probably loaning your shares to a stock shorter so they would make money off you.

[Goofyernmost]

You should have told the broker you wanted the shares. Then you would have had the certificate.

Besides, the broker was probably loaning your shares to a stock shorter so they would make money off you.

You are absolutely correct...but I do some of my best thinking after I have done something instead of just before.

[hobie16]

you are absolutely correct...but i do some of my best thinking after i have done something instead of just before.

:d:

[hobie16]

You are absolutely correct...but I do some of my best thinking after I have done something instead of just before.

I've done that.