Bearish
$DIS Please be smart and consider everything ...their park the most dense state California is closed ...soon Florida will be too...their stores are closed ...parks and stores amount to over 60% of revenue..studio and content creation is about 30% and that is on hold….their Disney+ sucks other than having a few shows, and remember there is no content being created for the next few weeks….along with that you have their financials...low cash compared to their payables …. Also pls think about what is going to happen when this whole Coronavirus is done with ...let's say in two months ...you rly think ppl will travel to their parks and fill it up like they used to.??? Most ppl are losing their jobs and won't even have money to do so let alone their concern for how safe it will be and clean..I would stay away. we are only down 30% while the whole world is in shambles, corporate debt is one the edge of default by many companies, businesses closing down, it could be worse than 2008...
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