August 8, 2007

Disney Buys Club Penguin

If you haven't played Club Penguin it's because you're too old. If you're 6-14 chance are you have. Or, and I'm revealing a lot about myself here, if you're 40 and have a 6-14 year old you've probably played...just for Cart Surfer.

The great thing is Club Penguin is about to get even better...Disney bought them for a kajillion samoleons. Disney wants to get into the virtual social networking world and this is a great target. Kids who love their penguins will also love a penguin ride at Disneyland, will purchase stuffed penguins, and see Club Penguin animated movies. Heck, maybe the Offiical Club Penguin band can record an album.

To me, this is proof that you should be considering purchasing DIS.

2 comments:

Anonymous said...

eduardo,

thanks for the long on disney tip.

More stock tips:

The subprime crisis has a silver lining. The biggest bank stocks (citi, wells, wamu) are at ridiculously low valuations right now (5 year p/e lows). Wamu even has a 6% dividend yield--an equity with a better yield than t-bills.

From your friend at the http://www.upfrontmortgageblog.com

Brendhan said...

I bought disney at about $20. bad news is I didn't buy a ton.