Hat Tip - Ace of Spades blog
The CEO, Bob Iger, had a recent shareholder meeting statement, in which he buffaloed investors with a lot of bullshit. DEIsney's share price rose from something like $92 to $110.
But it might not have just been Bob Iger's unbelievable bullshit that caused the rise -- there is a persuasive case that an army of bots has been assembled to constantly talk up how attractive DEIsney's stock is, and how, allegedly, it is exceeding analyst expectations.
Unfortunately that’s called extortion. Guy in my town got convicted for threatening to expose his father for abuse if he wasn’t given the fathers new house. Apparently it’s a crime- I didn’t realize they actually enforced it until that.