 Disney Land What's up money geeks mr. V here welcome to another video guys so into this video I want us to talk about Disney So yesterday Disney announced that they're gonna be opening up their parks next month Which is good for us as investors because when you hear that these companies are starting to open up that tells me that No consumer confidence is now to build again One of two things the people that got laid off at Disney gonna get their jobs back Which means that their job unemployment is gonna go down, which is good boosting consumer confidence Just getting the economy back up and rolling. So I'm super excited to hear that They are taking all the measures to keep people safe in their various parts during the opening and so What does that mean for you and me as investors? So let's take a look at what happened or talk about what happened to Disney during this whole time So when the COVID thing happened Disney actually took a big hit. So they dropped down to under a hundred dollars per share then ever since that they have actually just been around that that price point of 100 and 106 and just going back and forth And then when they announced their earnings I think two months ago They actually pulled us stuck down to under a hundred bucks, which is when I actually bought a ton of Disney ever since she's Squeezing up and last week it went up to a hundred and twenty eight Dollars and then this week some kind of rejection. I don't know what's happening There's no major news or whatever, but it's just some rejection is down to maybe around 115 so If Disney opens up next month and things start rolling it start employing people again People start visiting the parks. That tells me that we have seen the bottom of Disney Unless we have like a crazy outbreak of the virus at the park where they can shut it down again I think the bottom of Disney is it's passed us already. So If you're looking at getting into Disney, I would say just do a dollar-cost average, right? So right now buy some and see which direction the market is going if the good news comes out and they open up and the price You know it starts to go up. We just keep adding and likewise if bad news comes and the price go down You keep adding just make sure that at least You are if you are interested in Disney that you have a position in it Because again from what I'm seeing from from the way things are going if they can open up people Don't go to Disney for You know to put food on the table unless you work there people that go to Disney to go to the spent money It's luxury. It's leisure. So if people have that confidence have that Ability to go there and find pleasure and enjoy even with you know knowing that is COVID out here I think we're heading in the right direction as far as the economy So that is something that we should definitely take a look at before you actually invest in in Disney If you plan on doing it. So I have you know, so my position in Disney again Like I said, I bought it under a hundred dollars when their earnings came out the stock actually tanked. So that's when I bought it So I'm sitting on some profit right now, but where I see Disney at over a hundred and sixty bucks for their 52 week Hi, I'm not gonna sell. I'm just gonna hold on. It's a good company Once they get back on track and reinstate all their dividends I think it's gonna be a great buy for me. So I'm gonna I mean, I'm in a position where I don't want to to give back So let me know in the comment section. What do you think about this news Disney opening up? Does that mean that? We've seen the bottom of Disney or does that mean that or maybe it's just one face We there's still face two of kovak coming that might impact because let me know in the comment section And as always guys like share subscribe youtube tells me that 90 percent of you guys watching having already subscribed already So hit that subscribe button and in the notification bell so you don't miss out on your content And as always stay motivated