Essential TSC's Official Random News & Notes Thread

KEEPITTRILLA

soon as i catch the vibe tell em 2 fetch th hearse
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Tha.. tha.. that's not possible.

:to:

You mean to tell me there's kids going in to high school who werent even alive when all the memorable moments of my childhood happened?

:ohhh::sadcam::flabbynsick:

not a lot of just turned 13 year olds in high school :lolbron:
 

jackswstd

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Source: Forbes

WWE shares fell further today, dropping 0.65% to $27.35. It is down nearly 15% from its high of $31.98 set two weeks ago.
I noted yesterday that the stock took a big hit after the Forbes article came out about the WWE Network. The Forbes story noted that while the stock price has tripled in the past six months, revenues "have barely budged over the last few years," and profits have been stagnant. It also noted that Intrepid Capital Management sold their 10% stake in the company this past January. Intrepid portfolio manager Jayme Wiggins stated that while the WWE Network "is a slam dunk for a die-hard fan," he doesn't believe that they will be able to draw 1 million subscribers, and that he believes their core is around 700,000.

Forbes has a story today titled, "WWE Shares Down 15% -- Was It Something We Said?" They mentioned our article from yesterday, and stated that their article probably might have "just added to concerns" about the recent surge of the stock. Daniel Moore with CJS Securities called the sell off "a perfectly reasonable pullback" and set a $26 price target for the stock.

As noted, the next couple months will be important for investors, as WWE will reveal their new television rights deal. They will also announce the number of subscriptions for the Network on April 7th. Moore said that if WWE can hit 3 million subscribers, then it's a $40 stock.
 

R=G

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-- There are only a limited amount of tickets left for Wrestlemania XXX through traditional means. The Mercedes-Benz Superdome has sent a mailer to people that offers discount tickets. This means that they don't think they're going to sell out at this point in time without lowering the price. There are still over 8,000 tickets available on Stubhub, which are selling either at market value or lower (for the cheaper seats). Only the good seats are going above market value. The first few rows (only a few singles available) are selling for $10,000 each.

Bottom line - the stadium will be full on April 6 but the ticket demand isn't as high as the last two years.
Credit: Wrestling Observer
 

MoneyBags

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-- There are only a limited amount of tickets left for Wrestlemania XXX through traditional means. The Mercedes-Benz Superdome has sent a mailer to people that offers discount tickets. This means that they don't think they're going to sell out at this point in time without lowering the price. There are still over 8,000 tickets available on Stubhub, which are selling either at market value or lower (for the cheaper seats). Only the good seats are going above market value. The first few rows (only a few singles available) are selling for $10,000 each.

Bottom line - the stadium will be full on April 6 but the ticket demand isn't as high as the last two years.
Credit: Wrestling Observer


nikkas is paying 10K to sit in the front row at WM? cot damn, I ain't know it was that serious.
 

R=G

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- WWE has reportedly contacted several major names for cameo appearances at WrestleMania XXX, including "every megadraw" of the last three decades that is still alive.

Austin is gonna be at WM XXX in some surprise appearance....he was on his show saying he wanted to be at the HOF after practically shytting on going to New Orleans for months.
 
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