Would You Buy Stock in WWE?

[SlickyTrickyDamon]

I recently signed up for an app with no fees for purchasing stocks. I was thinking of investing some of my tax return into the stock market. They give a free share of a random stock for signing up. Currently that stock is worth like 6 dollars (XM Sirius Radio.)

Would you invest real money to buy stock in WWE right now?

[Nicky Fives]

First rule of finance and investing is to invest in something you know....

[Shisen Kopf]

No. Especially with Vince rebooting the XFL. WWE stock is at $34 a share right now. That's almost the highest it's ever been worth. Wait for it to drop back in the $20s before you buy. Never buy high.

[SlickyTrickyDamon]

First rule of finance and investing is to invest in something you know....

Then it would be a yes for me.

[Mr. Nerfect]

No. Especially with Vince rebooting the XFL. WWE stock is at $34 a share right now. That's almost the highest it's ever been worth. Wait for it to drop back in the $20s before you buy. Never buy high.

This. They're going to try and push it to $40, but the WWE ceiling can pop very quickly. I'd wait for the XFL to hit, WWE to start cutting costs, the state of TV and where Network subs are. Especially after they are set to lose Brock, might lose Cena, are banking on Reigns and the average age of a WWE performer seems higher than it's ever been. Also, they are pushing the women hard. Maybe a bit too hard. See what that does for their credibility.

There are much better things to invest in, steady as their stock price has been. It'll be steady until it is not.

[Mr. Nerfect]

Then it would be a yes for me.

Just because you know something doesn't mean you invest in it though.

[Mr. Nerfect]

Oh, fuck, I read the poll wrong. I went by the thread title and the poll flips the meaning. Yes, it is risky. No, I would not buy stock.

[Shisen Kopf]

I read it wrong too. Oh well figures, it's an STD poll. And where is the Loose Canon option?

[Emperor Smeat]

Not at current prices but have thought for a long while about buying a token share or bare minimum on the side as some appreciation for being a longtime fan. Nothing serious or that would affect the portfolio.

WWE's been rising too fast recent and the last time Wall Street was this happy, it lead to their stocks crashing down in value afterwards. Happened with the Network and again with their current tv deal. Both times took over a year or two for the stocks to rebound to regular levels.

[DrA]

Hell no, I'll only buy shares in New Japan and Ring of Honor.

[Simple Fan]

Off to a good start taking stock tips from bias assholes.

[Bad News Gertner]

You should invest in CHW

[#1-norm-fan]

At the risk of being a biased asshole... Why would you ask a yes or no question in the thread title and then ask a different question in the poll that flips the meaning of what a "yes" or "no" answer would suggest?

lolSTD

[#1-norm-fan]

Also, a thread about gambling with money? I'm telling you, Droford and STD are slowly morphing into the same exact human being.

[Shisen Kopf]

You should invest in CHW

They closed for good last year. I'm thinking about buying stock in that backyard mma fed. So good.

[#1-norm-fan]

StreetBeefs will put UFC out of business soon. Strike while the iron's hot.

[Droford]

Hnmy the people financing Moviepass

[Droford]

Also, a thread about gambling with money? I'm telling you, Droford and STD are slowly morphing into the same exact human being.

Stocks aren't really "gambling"

[SlickyTrickyDamon]

Fan is becoming obsessed with me. So many posts but blocked so only saw that dumbshit response. Investing is not gambling.

[Droford]

Incoming "STD even blocked me like droford did" comment

[#1-norm-fan]

The proven liars having a pussy pow wow.

[#1-norm-fan]

Incoming "STD even blocked me like droford did" comment

*pretended to block me as an excuse to not have to acknowledge getting owned and being fan's bitch

Also, you're both totally right. Investing is not gambling. You should both throw all your money into the stock market. Don't even worry about which stock, since there is 0 gamble involved. Nothing to do but make money.

[Droford]

I had you blocked.

[#1-norm-fan]

You were proven to be a liar and you ignored it just like you did every other piece of evidence in that thread. Morph into one account with STD already. Too much derp for two posters to be throwing out.

Also, go invest all your money into random stocks already. Why are you waiting? It's literally not a gamble at all. You're losing money sitting here doing... whatever it is you do here...

[Mr. Nerfect]

I'd consider investing in the WWE gambling.

[slik]

No. Especially with Vince rebooting the XFL. WWE stock is at $34 a share right now. That's almost the highest it's ever been worth. Wait for it to drop back in the $20s before you buy. Never buy high.

^^^

[ClockShot]

Nope. Used to have some shares a long time ago when they first went public.

But, we dumped it awhile back. It really never went anywhere. A few bad ideas, the XFL 1.0 disaster, company direction was just a few reasons.

[DaveWadding]

No. Especially with Vince rebooting the XFL. WWE stock is at $34 a share right now. That's almost the highest it's ever been worth. Wait for it to drop back in the $20s before you buy. Never buy high.

Take advice from this guy, who has interacted with WWE shareholders at three (3) Wrestlemanias.

[Mr. Nerfect]

Nope. Used to have some shares a long time ago when they first went public.

But, we dumped it awhile back. It really never went anywhere. A few bad ideas, the XFL 1.0 disaster, company direction was just a few reasons.

Film department was leaking a lot of money for a long time there. Might still be.

[SlickyTrickyDamon]

Some of their movies have been successful.

[Mr. Nerfect]

Film department was leaking a lot of money for a long time there.

[Outsider]

Nope.

Too many warning signs in their current business model.

Attendances falling, risky investments planned, TV rights due for renewal, a customer base which has been stagnant for a long period and a Network product which has failed to generate the foreseen benefits.

Combine that with anyone with a spot of product knowledge indicating no strategy to address many of these issues and I can't see how anyone would put a penny near them.

Although what do I know? Only stocks I have are ones a mate of mine who works for a bank convinced me would be a good idea to buy and they've been worth less for four years consistently. Twat.

[Shisen Kopf]

Take advice from this guy, who has interacted with WWE shareholders at three (3) Wrestlemanias.

4 actually. WM18. 23, 24, 33. I know, i rule!

[Droford]

Probably not a good time to be investing in stocks.
#crashingaswespeak

[Mr. Nerfect]

Nope.

Too many warning signs in their current business model.

Attendances falling, risky investments planned, TV rights due for renewal, a customer base which has been stagnant for a long period and a Network product which has failed to generate the foreseen benefits.

Combine that with anyone with a spot of product knowledge indicating no strategy to address many of these issues and I can't see how anyone would put a penny near them.

Although what do I know? Only stocks I have are ones a mate of mine who works for a bank convinced me would be a good idea to buy and they've been worth less for four years consistently. Twat.

Sorry to hear about your stocks. Hopefully they rise to unforeseen heights soon. But very sound reasoning as to the rest.