nomoreneveragain
Superstar
WWE Stock tanked, no longer a Billionaire
So Vince lost about 400M dollars today
- Thread starter nomoreneveragain
- Start date
Box Factory
hater
The Great One
Swag Surfin
Very happy I bought it when it was low, and sold when it was high. 
Box Factory
hater
just took a screen shot. I dunno shyt about stocks but looks legit
And if you look at the year chart its not even at its 52 week low ($9). It just ran like hell the last 6 months and crashed today because they missed earnings. Not really that uncommon in the stock market world.
Buy low sell high brehs
Buy low sell high brehs
You Win Perfect
bow down
The Great One
Swag Surfin
It will never be that high ever again.
They had the Network launch, Speculation of a really high new TV deal, and Wrestlemania.
Perfect Storm.
What are they gonna do, launch another network?
usopp
Pro
load up a shotgun 
It will never be that high ever again.
They had the Network launch, Speculation of a really high new TV deal, and Wrestlemania.
Perfect Storm.
What are they gonna do, launch another network?
Agreed it may be a long time if ever for them to get back to $30
But high teens/ low 20s is very possible and I would say likely
If the network puts up solid subscriber numbers over the next couple years and that becomes the central focus of their business model, you could argue they are like a mini-Netflix (trading for $300+ share). Except WWE owns all of their streaming content whereas Netflix has to pay for licenses. That alone could double current share price in the next year or so. I'm not saying it's a sure thing but the potential is there
Plus... lord willing if there's another pro wrestling boom period in the next 5 years and a bull market
At the end of the day WWE won't be the first or last company to run on a perfect storm, tank and then recover
The Great One
Swag Surfin
I hope what you said happens, but it won't.Agreed it may be a long time if ever for them to get back to $30
But high teens/ low 20s is very possible and I would say likely
If the network puts up solid subscriber numbers over the next couple years and becomes the central focus of their business model, you could argue they are like a mini-Netflix (trading for $300+ share). Except WWE owns all of their streaming content whereas Netflix has to pay for licenses. That alone could double current share price in the next year or so. I'm not saying it's a sure thing but the potential is there
Plus... lord willing if there's another pro wrestling boom period in the next 5 years and a bull market
Ed MOTHEREFFING G
Chances make champions
they got fleeced on that deal, $200M? NO WHERE NEAR what they said they'd get. This is simply a CORRECTION of the real value of the stock, which is about 10-20
[this is not financial advice nor am i a financial advisor]
[this is not financial advice nor am i a financial advisor]
It's cause they gonna strip DB of that belt!
Just playing, that NBCuniversal deal probably had a lot to do with this
Just playing, that NBCuniversal deal probably had a lot to do with this
Well, on the off chance of another boom period and bull market, you'd see WWE trading for something stupid like $70 a share. Highly unlikely, but I'll just steal one of my favorite quotes form Warren Buffet
“Be fearful when others are greedy and greedy when others are fearful”
But otherwise, even if its just business as usual and vince manages to trim the fat and run a tighter ship, you could feasibly see 60% return at these levels 1-2 years from now. Very few stocks realistically have that potential right now unless you're trading pennies or the recent batch of chinese upstarts