Quote:
Originally Posted by Discuss Thrower
Here's why I'd be hesitant to long Disney at this present moment in one picture courtesy of the Fool:
Tesla is a meme company. Nothing about their valuation makese sense. Their merger with SolarCity a few years ago borders on criminal malfeasance.
If you've got enough money to buy a share and it's not going to hamper your overall goals then why not. Otherwise nope. I don't believe in a con man like Elon Musk.
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People are always going to go to their parks. I think once a vaccine is created, people will slowly go back and if you long that thing, that’s what matters right?
Their new CEO was in charge of running the parks and all aspects of that side of the business too. Feel like he’s going to make that a priority.
Like I said before, this feels so much like 9/11 to me. People were scared of going to parks and history shows buying in at that point was a good deal.