Thread: "100,001" Replies (Wrestling Forum)
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Old 03-31-2015, 09:44 PM   #14778
Dark One
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Quote:
Despite the big WrestleMania and successful network growth, Wall Street was not impressed as WWE stock has dropped $2.66 per share to $13.86 as of press time.
I've worked for some publicly traded companies, and Wall Street is 1000x worse than the IWC. They're even further removed from reality.

It's not even whether you have positive results or not. Hell, half the time it's not even if you meet their "calculated" but ultimately pulled-out-of-their-ass estimates that have no basis in anything real, although that helps. A lot of times it's just perception and whether or not they like your company for a thousand different reasons. It's really frustrating.

The subscriber number went up 30% in two or three months. Sure, it was for the biggest show of the year, but 30% is a significant number, especially when you look at the initial numbers for last year at this time of year, but Wall Street people seem to think it should be doing forty million subscribers because they have no idea what the wrestling business or its fanbase size is like.

Really frustrating, and hopefully doesn't dissuade WWE from their current creative direction.

That said, John Cena will be champion by the end of April.
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