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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (1691)	12/5/2011 2:11:54 PM
From: bruwin	Respond to of 4720

Okeydoke. I get it now. (:-) Yes, also judging by DIS's following chart, his timing couldn't have been better. As we see, DIS hit a low in early October and has been uptrending ever since then ... In addition, we have the following press release, issued on the 9th. August, prior to their Q3 results which ultimately showed good numbers in terms of an 18% increase in Revenue and about 60% increase in Pretax Income ..... "EX-99.1 2 dex991.htm PRESS RELEASE FOR IMMEDIATE RELEASE Exhibit 99.1 August 9, 2011 THE WALT DISNEY COMPANY REPORTS THIRD QUARTER EARNINGS BURBANK, Calif. – The Walt Disney Company today reported earnings for its third fiscal quarter and nine months ended July 2, 2011. Diluted earnings per share (EPS) for the third quarter increased 15% to $0.77, compared to $0.67 in the prior-year quarter. Diluted EPS for the nine-months ended July 2, 2011 was $1.93 compared to $1.60 in the prior-year period. EPS for the current quarter included restructuring and impairment charges totaling $34 million primarily at Studio Entertainment. Excluding these charges, EPS for the quarter increased 16% to $0.78 compared to $0.67 in the prior-year quarter. “Our third quarter demonstrates the continued strength of our Media Networks, including ESPN, Parks and Resorts and Consumer Products,” said Robert A. Iger, President and CEO of The Walt Disney Company. “In these turbulent times, our company and its array of strong brands are well-positioned to deliver long-term shareholder value.”" ........ maybe those fundamentals prefaced, and "powered", their price reversal a short while later.