Tuesday, April 8, 2008

Fun Stock














Movies are a passion of mine! I love thrillers, romance, action, bollywood, scifi, and definately Disney (DIS) movies!

Almost every rating/analysis service has them as a buy right now. This week they reported that they will be buying Gamestar who is a video game developer based in China.

In other news, the company is going to regain ownership of the Disney Store chain from The Children's Place retail stores. And all this time, I thought that it was always owned by Disney??
In any case this these two acquisitions add to the company's large holdings:
  • Walt Disney Pictures
  • Walt Disney Animation Studios
  • Disney Toon Studios
  • Touchstone Pictures
  • Hollywood Pictures
  • Miramax Films
  • Walt Disney Studios Home Entertainment
  • Disney Theatrical Productions
  • Disney Live Family Entertainment
  • Disney On Ice
  • Walt Disney Records
  • Hollywood Records
  • Lyric Street Records
  • Disneyland Park
  • Disneyland Resort
  • Disney Cruise Line
  • Vacation Club
  • Adventures By Disney
  • Walt Disney World Resort
  • Tokyo Disney Resort
  • Disneyland Resort Paris
  • HongKong Disneyland
  • Disney Consumer Products
  • Disney Publishers Worldwide
  • Disney Interactive Studios
  • ABC Television Network
  • Disney Channel
  • ABC Family
  • SOAPnet
  • The Radio Disney Network
  • Lifetime Entertainment netword (equity interest)
  • A&E (equity interest)
  • ESPN (all versions)
  • Walt Disney Internet Group
  • Disney Store (re-acquiring)
  • Gamestar (new)
The stock is near ripe for a buy with RSI at 42.43, and the MACD under the median line of oscillation with the fast and slow lines about to cross.
Stock performance has been down YTD but only about half as much as its industry group. Its peers are Scripts E W Co., Viacom, Rogers Communications, and World Wrestling Entertainment.
The stock is well traded with a daily average volume of 12,761,000.
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