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I put it all in Disney in October 2012...and I got a lot of grief from memebers
Old 05-12-2013, 07:21 AM   #1
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I put it all in Disney in October 2012...and I got a lot of grief from memebers

But I'm laughing all the way to the bank so far, so neaww.
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Old 05-12-2013, 07:43 AM   #2
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But I'm laughing all the way to the bank so far, so neaww.

Just because a stupid move worked out does not change the fact that it was (and always will be) a stupid move....


But, glad it worked out for you...
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Old 05-12-2013, 07:56 AM   #3
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I put it all on black 22, spun the wheel and won big.
Doesn't mean it was wise.

And congratulations. I hope your future earnings are as good.
For me, putting it all on a single stock is far too risky. Although I suppose if I had put it all on TSLA when I first invested in it I would be up almost 400% :P
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Old 05-12-2013, 07:57 AM   #4
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What's next...frozen orange juice concentrate futures?
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Old 05-12-2013, 08:05 AM   #5
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So what do you do now? Sell or put a sell limit order in place to protect your gains or stay put?
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Old 05-12-2013, 08:28 AM   #6
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Just let it ride.
Since Disney is described as a "diversified entertainment company," you should be fine for the foreseeable future, right?
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Old 05-12-2013, 08:42 AM   #7
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all i can say is this-i once had all my money in company stock. the stock was close to 100 dollars a share. i read an article saying it was unwise to have all your money in company you work for. so i liquidated 90 percent. one year later it was 7 dollars a share. but it had fallen to 15 from one hundred in a 2 day period.

you never know
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Old 05-12-2013, 09:09 AM   #8
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all i can say is this-i once had all my money in company stock. the stock was close to 100 dollars a share. i read an article saying it was unwise to have all your money in company you work for. so i liquidated 90 percent. one year later it was 7 dollars a share. but it had fallen to 15 from one hundred in a 2 day period.

you never know
Wise advice.

As great a company as DIS is, it makes no sense to have all your eggs in one basket. Too many people have been burned having all their eggs in one basket. In some cases they had less of a choice (company benefit plans) but the those limitations don't apply to the OP.
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Old 05-12-2013, 09:17 AM   #9
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Never put all of your money into such a mickey mouse outfit.
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Old 05-12-2013, 10:31 AM   #10
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Never put all of your money into such a mickey mouse outfit.
Cute!

Oldnews, congratulations on your 10th post. I think that as you participate and actually get to know and interact with our members, you may appreciate their honest feedback more. I know I do.
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Old 05-12-2013, 03:30 PM   #11
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oldnews, you might want to bookmark this link: Gamblers Anonymous
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Old 05-12-2013, 03:55 PM   #12
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I am glad this worked out for you, but I hope that you diversify now. I also hope that the newbies know this is not something to emulate.
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Old 05-12-2013, 06:31 PM   #13
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...
. I think that as you participate and actually get to know and interact with our members, you may appreciate their honest feedback more. I know I do.
Personally, I live in terror of some of the "honest feedback" dished out around here.

OP - congratulations on a very nice gain but as others have said, putting all your money (or even a very high percentage of it) in one company is a high risk strategy. It isn't too hard to imagine any number of situations where the share price could have moved dramatically against you.
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Old 05-12-2013, 06:43 PM   #14
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You would have been better off putting it all in NFLX than DIS.
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Old 05-12-2013, 07:03 PM   #15
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One question have you sold yet? If not you have made anything..

Also you would have done just as well investing in GOOG, and you have made 171% investing in Tesla (TSLA).
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Old 05-12-2013, 07:11 PM   #16
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Take the Disney Profits and put it in to Charter Schools.

Who Is Profiting From Charters? The Big Bucks Behind Charter School Secrecy, Financial Scandal and Corruption | Alternet
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Old 05-12-2013, 07:14 PM   #17
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But I'm laughing all the way to the bank so far, so neaww.
It's your money and you can do what you please..if you have done well, congratulations.

When you say, ' I put it all in Disney' I assume you mean every dime you had.

If I put all of my money in one company, all 'profits' would be spent on antacids and toilet paper.
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Old 05-12-2013, 08:01 PM   #18
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If I put all of my money in one company, all 'profits' would be spent on antacids and toilet paper.

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Old 05-12-2013, 08:04 PM   #19
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Congratulations on your gains. But then everyone's a genius in a bull market.
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Old 05-12-2013, 08:19 PM   #20
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I couldn't take the volatility. I don't want an E-ticket ride from my investments.
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