ilovedolphins
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Post by ilovedolphins on Feb 7, 2015 13:55:36 GMT -5
Just wondering what your view point of this company is. I own roughly 70 shares and am at a $600 profit. I can't decide if I should sell and collect the profit or hold it and see how high it may go.
I don't want this to be another regret like Netflix was when I sold it many years ago at a very low price - less than $30 I believe and now it is over $400.
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The Virginian
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Post by The Virginian on Feb 7, 2015 15:45:44 GMT -5
ilovedolphins,
I don't own Disney but I have wanted to buy it for a long time and tried to talk my children into purchasing it a couple of years ago.
I still plan on purchasing it as soon as I can. Here's why : The main reasons are the acquisition of the Marvel Comics characters and I expect many blockbuster movies coming from them, and the acquisition of the Star Wars brand. Again Star wars is a proven blockbuster money maker and between the Movies themselves and the licensing of products I see billions in potential revenues for years to come. As soon as I am able I will be adding it to my portfolio, even with the high stock price right now.
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Ombud
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Post by Ombud on Feb 8, 2015 1:24:09 GMT -5
I own DIS for ESPN. Up 57.22% so I guess I should think about a trailing stop. However, I'm investing in it not trading in it so that's counter intuitive ilovedolphins, why did you sell Netflix? Was it to be a long term (core) holding or did you have a specific target range (up or down) in mind on date of purchase? Did the underlying financials change or did it hit a predetermined value or did you panic? Did you make $$ with the proceeds from its sale or lose? In other words: What changed with Netflix to cause you to sell it and do those factors apply to DIS?
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ilovedolphins
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Post by ilovedolphins on Feb 8, 2015 10:42:07 GMT -5
I bought Netflix when I first started handling my own portfolio. It was in 2007 probably or around there. It was the time period when all the stocks dropped. I had a loss of around $8000 on it - when Blockbuster became big I believe was one of the reasons it dropped. If I hadn't panicked and held on I probably wouldn't be working now.
I think Disney will continue to rise but I guess I get a little panicky and think I should grab the $600 profit now in case it doesn't.
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Ombud
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Post by Ombud on Feb 8, 2015 12:19:15 GMT -5
So let's go with that, ilovedolphins: Now you have to decide are you a trader (like @di) or an investor (like ModE98 & @wxyz) or split (core - explore methodology like me). Does $600 represent a HUGE amount (in which case you might want to consider an SP500 ETF) or does the 7% spike scare you? Despite DIS being a solid company (sports channel, mainstream TV, movies, theme parks) different styles will view it differently If you're in it for the dividend (like The Virginian) it may have less pull as it only pays once a year Just wondering : did Netflix go down more or less than the market as a whole in 2007?
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ilovedolphins
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Post by ilovedolphins on Feb 8, 2015 15:10:17 GMT -5
I think Netflix took a nose dive after Blockbuster started doing dvd's through the mail.
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Ombud
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Post by Ombud on Feb 8, 2015 19:41:07 GMT -5
Is DIS in danger of taking a similar nose dive? Where is it's competition? How do DIS & their competitor's technicals & fundamentals stack up?
(If you're frustrated that I'm not simply giving you the answer, ok. But I think it's more important to think through each decision and to have a way to think through each decision then to simply have my answer as yours will be different depending upon the investment objective .... long term / trader / dividend)
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simser
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Post by simser on Feb 8, 2015 22:50:21 GMT -5
I own disney in my play account. And it's done quite well. (I'm up almost the same as you). I don't know at what point I'll stop buying- right now it's automatically invested- but I think it's a very good company, and I don't think disney will go out of style anytime soon. However, right now it's only about 1% of my net worth, and even that number as a percentage makes me nervous. Does your percentage in disney make you nervous?
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Ombud
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Post by Ombud on Feb 9, 2015 21:24:09 GMT -5
@di, I was thinking about suggesting buying a Put to insure her gains but IMO $600 might get eaten up doing so although is a great alternative for those who are ready for / have temperament for options!!
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The Virginian
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Post by The Virginian on Feb 11, 2015 6:37:08 GMT -5
Why does 1 % make you nervous ?
I usually allocate no more than 3% of my account to any one stock and I receive some criticism for that as being too little. 1% is very conservative and do you really think Disney is going any where soon? The worst that will happen is the stock will drop a little in value but I don't believe they are in any danger of going out of business.
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simser
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Post by simser on Feb 16, 2015 21:13:57 GMT -5
Why does 1 % make you nervous ?
I usually allocate no more than 3% of my account to any one stock and I receive some criticism for that as being too little. 1% is very conservative and do you really think Disney is going any where soon? The worst that will happen is the stock will drop a little in value but I don't believe they are in any danger of going out of business.
I just didn't realize my "play" account got that big as a proportion of my net worth. It was a surprise. I don't think percentages should ever be a surprise so it made me nervous. I toyed with stopping adding to it. But instead I just added another big stock that's in a different type of business but is another that I don't think will ever go out of business, like I think disney is.
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Ombud
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Post by Ombud on Feb 17, 2015 11:07:30 GMT -5
CCL, if Columbia is part of your explore (aka: trading account) have you thought about a trailing stop? Say 10% below current high?
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Ombud
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Post by Ombud on Feb 17, 2015 12:27:01 GMT -5
CCL & The Virginian, does "play account" = speculation or trading? To me, play account = paper trades. IE: how I learned options & futures. Not real $$$ but lines on a spreadsheet
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CCL
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Post by CCL on Feb 17, 2015 17:25:18 GMT -5
CCL & The Virginian, does "play account" = speculation or trading? To me, play account = paper trades. IE: how I learned options & futures. Not real $$$ but lines on a spreadsheet LOL mine's real money! Usually a few thousand at a time.
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CCL
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Post by CCL on Feb 17, 2015 17:33:43 GMT -5
I used to get nervous and sell to lock in my profit (e.g. ilovedolphins' Disney stock). It doesn't bother me too much anymore.
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The Virginian
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Post by The Virginian on Feb 19, 2015 7:43:08 GMT -5
Hey Ombud, The term "Play Account" for me is real money also. I had to quit working to take care of my wife so with no "earned Income" I cannot contribute to our IRA accounts any longer. so I was frustrated in that I had to sell a stock to invest in a new stock or take advantage of what I thought was a promising opportunity. So I opened a new "Taxable Account" in which I contribute $2,000 a month in which to "play" with. but it is still serious investing for me, I just feel like I have more of a license to invest in companies I might not normally choose.
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The Virginian
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Post by The Virginian on Feb 20, 2015 18:47:35 GMT -5
Recs 5 Disney's New Theme Park: Delayed and Over-Budget, But More Amazing Than Ever By Bradley Seth McNew | More Articles February 20, 2015 | Comments (0) While U.S. theme parks drove most of The Walt Disney Co. (NYSE: DIS ) theme park segment growth in 2014, investors have been waiting for 2015 -- the year Disney's largest theme park to date, located in mainland China, was initially set to open. Some investors hoped Disney's release of Star Wars VII would accompany the park's opening in 2015 to cap off another widely successful year. Photo: Disney Now, the park is over-budget (at a current $5.5 billion compared to the original $4 billion estimate), and the company announced that its grand opening will be delayed until 2016. So, in a world where time equals money, does this mean I should worry about my investment in Disney and the success of its new park? Not a chance. Still an incredible new park Disney's Shanghai resort has about 8,000 people involved in its construction, which covers nearly 1000 acres (about 4 square kilometers). The park will have a typical Magic Kingdom-style theme park, but is also said to feature the largest main princess castle of any Disney resort yet. "The artistry, complexity, the magnitude and the detail, it's all quite astonishing," said Disney CEO Bob Iger, speaking about Shanghai Disney Resort. The resort will also include multiple hotels (one is expected to boast a Toy Story theme, a first of its kind), as well as other retail, dining, and entertainment venues in a classic "Disneytown" area for families to enjoy during times when they are not in the theme park itself. The resort will even include a more formal Broadway-style theater and other outdoor venues to draw other shows, artists, and attractions to its site. Current construction and rendered view of the completed Toy Story themed hotel. Photo: Disney Still in time for a record breaking 2016 Even with a delayed opening, the park is expected to break visitation records. Disney Shanghai will likely host more visitors than Disney's biggest park to date, Magic Kingdom in Orlando, Florida. The anticipated annual number of guests to this Shanghai park is 25 million, compared to about the 20 million expected for Magic Kingdom in Florida. And because Disney still plans to open the park by February 2016, which is just in time for the high tourism season surrounding Chinese New Year, Disney Shanghai's grand opening could garner even more publicity that will serve it well the rest of the year. Still the first to open in Mainland China Disney is not that only company looking to make a major opening in the Mainland Chinese market. Both Comcast (NASDAQ: CMCSA ) and DreamWorks Animation (NASDAQ: DWA ) are also planning to push their own brands in this vast and growing market with future theme parks. DreamWorks Animation is involved in a joint venture with Chinese partners called Oriental Dreamworks, which includes plans for opening a theme-park-like set of studios and attractions called DreamCenter, also outside of Shanghai. There has been little public mention of this plan, however, and at the earliest, Oriental DreamWorks' DreamCenter would open later in 2017. Comcast-owned Universal Studios has already broken ground on its own theme park near Beijing, too. This park will rival Disney Shanghai by size and investment, and the characters under Universal Studios brand such as Transformers, already have strong brand awareness in China. However, plans for this park indicate its scheduled opening is set for 2019, giving Disney Shanghai the advantage of establishing itself first without much competition. Even after the announcement that Disney Shanghai is more expensive than expected and scheduled to open later than anticipated, investors can rest assured that the park looks more amazing than ever, will likely boast record-setting visitation numbers, and will still open years ahead of these competitors. Despite some hiccups along the way, this park is still one reason long-term Disney shareholders can be excited.
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Ombud
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Post by Ombud on Feb 20, 2015 21:50:20 GMT -5
How's Mrs The Virginian doing? I'm wondering if she's comfortable & kids handling everything ok
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The Virginian
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Post by The Virginian on Feb 21, 2015 8:21:00 GMT -5
How's Mrs The Virginian doing? I'm wondering if she's comfortable & kids handling everything ok Thanks for asking Ombud - She's under Hospice care - which means she's mostly under our care. Under Hospice all they ( Insurance) provides is "comfort care" which is mostly Pain and other Medications. We had traveled to Mexico (Aug 14) for B-17 (Laetrile) therapy prior - She had been going down hill rapidly from her last Chemo treatment and had been paralyzed from the cancer in her spine. Since she had only been given 6 months to live (as of August - hence the Hospice program) I believe the Mexico treatment was somewhat successful in that she is still alive, I just wish now we had done it prior to her taking the Chemo as I believe we waited too long. Our children - 17& 14 now, are for the most part accepting & doing okay but I worry about any long term effects from having to watch their mother slowly whither away. As for my wife not much has changed, she is bed ridden and has good days and bad days with the pain. It is very difficult but she is able to communicate with us and is aware of what's going on so we are blessed in that respect. Thanks again for asking.
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ModE98
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Post by ModE98 on Feb 21, 2015 13:28:57 GMT -5
Mr. V, it is a tough situation and, in a way, know what you are going through from prior experience. Lost DW to Alsheimer's in 2004, eldest son in 2006 and youngest in 2012. Time and circumstances take their toll. It is difficult, but we have to deal with the situations that are dealt to us. My best to you and your teenagers, and may your wife get though this as comfortable as possible.
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mmhmm
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Post by mmhmm on Feb 22, 2015 7:34:49 GMT -5
The Virginian, I didn't know about your wife's illness. I don't know how I missed it, but I did. I'm so very sorry. Cancer is a dreadful disease and one of the few things that can generate absolute hatred in me. I'm glad you have hospice care involved. They can be invaluable in so many ways. Still, the primary care falls to the family when a patient remains at home. My mother passed in early December of last year after an ongoing two-year decline. She wanted to remain here at home, so here at home she remained. It's difficult, I know. In fact, it just plain hurts! My very best to you and the children. You'll be one another's strength. Your wife, and all of you will be in my thoughts.
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The Virginian
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Post by The Virginian on Feb 22, 2015 8:55:03 GMT -5
Thanks for all your kind words - It helps to hear words of encouragement from people - Life gives us some tremendous challenges to overcome but I believe I heard somewhere it's the sad times in life that help us fully appreciate the happy times.
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ModE98
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Post by ModE98 on Feb 22, 2015 13:59:46 GMT -5
"Life gives us some tremendous challenges to overcome but I believe I heard somewhere it's the sad times in life that help us fully appreciate the happy times." Mr. V., that is a very profound statement. So true! So very true.
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ilovedolphins
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Post by ilovedolphins on Mar 1, 2015 16:51:50 GMT -5
So let's go with that, ilovedolphins: Now you have to decide are you a trader (like @di) or an investor (like ModE98 & @wxyz) or split (core - explore methodology like me). Does $600 represent a HUGE amount (in which case you might want to consider an SP500 ETF) or does the 7% spike scare you? Despite DIS being a solid company (sports channel, mainstream TV, movies, theme parks) different styles will view it differently If you're in it for the dividend (like The Virginian) it may have less pull as it only pays once a year Just wondering : did Netflix go down more or less than the market as a whole in 2007? I did decide to sell Disney and take the $600 profit. I figured I could always buy back in later. I like to make money on the dividends but as soon as I get a significant profit I also like to take it. I am late to the game of saving for retirement so I am hoping to catch up a little through stock trading.
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Ombud
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Post by Ombud on Mar 1, 2015 17:24:11 GMT -5
What did you sell it at? After commission & taxes, what did you net?
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Ombud
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Post by Ombud on Mar 13, 2015 9:45:05 GMT -5
My DIS officially doubled when it hit 107 yesterday. Cramer would have his viewers thinking 'sell 1/2 to cover costs.' But with this roller coaster of a market, I've got no where I would prefer it to go + I'd lose >15% to taxes anyway
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ModE98
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Post by ModE98 on Mar 13, 2015 12:15:03 GMT -5
Disney will do just fine. Let it be!
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Deleted
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Post by Deleted on Mar 13, 2015 12:18:24 GMT -5
I own Disney, there...now don't tell anyone.
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Ombud
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Post by Ombud on Mar 18, 2015 9:17:39 GMT -5
I have a new client who had a field day (or year) trading stocks. Some up, some down, some wash sales, lots of commissions. Now surprised that the tax bill jump 10k. Ya gotta pay the piper
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The Virginian
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Post by The Virginian on Mar 18, 2015 12:57:17 GMT -5
I have a new client who had a field day (or year) trading stocks. Some up, some down, some wash sales, lots of commissions. Now surprised that the tax bill jump 10k. Ya gotta pay the piper I hope you told him/her to open an IRA for that kind of trading.
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