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Investor advisor Gil Morales on the director’s future with Lucasfilms’ new parent company.
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Story filing revealing that the Star Wars creator George Lucas actually cash out the two billion dollars in Disney stock.
That he received when selling Lucas -- But according to a spokesperson he does not currently have any plans to sell joining the company from -- -- is -- -- us.
-- the virtue selfish investing -- sawing -- is Lucas good morning what is Lucas know that other Disney investors don't.
I think -- does anything -- George Lucas is a master storyteller and his genius lies in being able to bring his stories to the silver screen in a way that creates Blockbuster movies as an investor Baghdad if he has any expertise.
Whatsoever and I think it though you know it makes -- -- you get two billion dollars in stock he should file to start selling and of course he's not dumping it all at once he's intending to sell -- -- -- and who knows how long it will take.
So I don't think you can -- you can take anything away from his selling it in terms of the it means having for the stock I think the company.
Showed decent growth in terms of sales up 5%.
Which is an increase over 4% the last quarter net earnings growth is at 0% is essentially flat.
But next quarter we're looking at 30% earnings -- -- -- I think it's a steady company.
Quality company I still think the stock looks OK even on this pullback here following yesterday's earnings were inside -- -- wet -- just -- what are.
Disney insiders doing are they following Lucas is leader they holding on.
Now -- I don't see any real pattern interns with the insiders are -- but I would say also that when you see insider selling insiders sell for a variety of reasons they might need the money for some reason or another they might need to diversify their assets.
So their motives for selling a -- not always so clear I'm always more interest it when -- -- insiders buying heavily as a stock perhaps is turning off of the lower something like that -- I don't think you can tell much from selling.
By insiders as the stock has been moving higher it's really not that meaningful let's talk about some possible bargains yes we saw this pop in social networking firm faced -- -- group bond.
-- and I understand Linkedin is of particular interest to you.
-- we like the -- Linkedin has been acting lately -- -- it little bit lower than -- trading right now but going attorneys this afternoon and we intend to hold our position into the announcement.
And not what -- we're looking at Lincoln right guys get a big earnings -- looking at 58% earnings growth on nineteen cents a short share in this most recent quarter.
And I think you'll see the stock probably surprise to the upside now what catches our interest here.
Is that we're seeing large institutional investors big mutual funds and and mutual funds we consider to be very Smart.
Moving into the stock in force in fact over the last year we've seen a number of mutual funds owning -- in double.
And that -- pretty sharply in the most recent quarter so there's a good trend there and so we're looking for good earnings announcement this afternoon even -- I'm always annoyed when I get that you want to be joining linked in with this person that right I always delete those among -- -- -- -- as well you have a job David you know -- -- -- -- -- -- right thankfully.
-- thanks a lot good to see and -- -- our clients are they can I I'm sorry.
But I have to -- going for those live I'm I'm given out that's it for over lord our.
