Disney spiked higher this morning based on word that their lame-ass CEO was being kicked out (and surely handed a huge fortune in exchange for leaving) and the old CEO was coming back.
Jim Cramer has excitedly declared that “Disney is back!” Before anyone gets too excited, please note that this huge rally is a gnat on the ass of a mouse when viewed in context.
It’s going to take more than another overpaid CEO to suddenly turn this crap around.
