Disney lost nearly $20B in valuation in a single day, after reporting an $18M loss over its combined streaming services.
Disney stock dropped to $105.35 per share, losing 47.80% of its all time high value ($201.91).
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Not the way you want it to. With GameStop, the market thought it was going to fail. That's why it was so heavily shorted. By raising the value, we forced shorts to buy stock to cover their position, which raised the value... which creates a loop.
To do similar to Disney, there would have to be significant short interest and then we would have to go long - we would have to help Disney to the detriment of the people expecting it to fail. We don't want to squeeze Disney shorts because our interests are aligned.
The opposite is a "long squeeze" which do exist, but only really happens on low liquidity stocks. Whereas shorts must cover by a certain time, longs can always just hold. So to do a long squeeze you have to drive the price so low so fast that even the people who want to hold feel pressured into selling. Much harder and would require all of us to short, which is much more dangerous and harder to pull off for the average retail investor.
Then we drive up the share price and turn a profit for all the companies like BlackRock with holdings. If we could get enough votes to do something, that would be fun but it would take a lot of shares. Anything short of that is a rising tide that floats the enemy's boats as much as ours.
Edit: For a sense of scale, if about 204k of us bought 1 share, we'd have more than Iger (0.01%). If 146.3 million of us each bought 1 share, we'd surpass Vanguard (8%) as #1.
A rising tide raises all boats, but a tidal wave will capsize them. But unlike GameStop, Disney really is too big. Even if you got buy-in from the dragons or Musk or whatnot (like GameStop eventually did) to make it worse/better, it was only hundreds of millions needed, not tens of billions.
Disney will collapse on its own, under its own weight, and through the choking yoke of Vanguard. No action needed. Wouldn't short it, though. It really is too big, any real tumble and those in the shadows will "correct" it.