Likelihood of a Disney drop coming post-vote
So let’s assume Peltz’s bid fails. How likely will he rage sell his $3.6ish billion stake? Especially after a 16% climb in the resent month. Disney is on the right track finally with cutbacks to Plus and this whole ESPN experiment. Worried that an angry investor could tank the price to prove a point.
Add to that whatever the market will be doing with postponed rate cuts (if at all) and general waining sentiment.
Full disclosure: I bought a lot of the bottom but also the top. $Robinhood (HOOD.US)$ $AMC Entertainment (AMC.US)$
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MonkeyGee : I think either way DIS will go up.