Article on whether WWE stock will ever get higher

[LionDen]

eekingAlpha.com featured a piece on WWE "being at the crossroads" saying it remains to be seen whether the company will ever get their stock traded at a higher price than it currently is. Well, you could say that about any stock, right? You can read the article by clicking here (http://seekingalpha.com/article/2503485-world-wrestling-entertainment-is-now-at-a-crossroads?uprof=25).


Funnily enough, this weeks announcement of a TV deal with FOX Sports Latin America led to some after-hours trading of the WWE stock Thursday night. They were up 2.26% to $14.95 at one point last night.

[Will]

Its in the toilet right now while they figure out this network stuff, of course it will eventually go up. It cant really go down anymore.

[Rob]

In the toilet? It was 8 bucks a share a year and a half ago... went up to over 30 with the network and stabalized at 15 a share. Vince has made 3 billion, lost 2, and settled at a billion dollars.

[LionDen]

Lucky there was no stock situation when WWE created XFL lol :shifty:

[Will]

In the toilet? It was 8 bucks a share a year and a half ago... went up to over 30 with the network and stabalized at 15 a share. Vince has made 3 billion, lost 2, and settled at a billion dollars.

yes 14$ a share is in the toilet for a billion dollar corporation. I know wwe stock always sucks, but that doesn't make mediocrity good or acceptable. I guarantee you Vince isn't sitting there saying, oh well we lost 20$ a share when we launched the network but we are back up 3$, happy days are here again.

[Will]

Lucky there was no stock situation when WWE created XFL lol :shifty: WWE was a publicly traded company back then, the stock was 10.31$ the week they announced the xfl and 13.33 the week it discontinued. The xfl wasn't as big of a failure as history remembers it. Vince has said many times that he would have continued on with it if the network deal with nbc hadn't fell apart and I agree with him in theory. I think it would have found a market.

[Rob]

yes 14$ a share is in the toilet for a billion dollar corporation. I know wwe stock always sucks, but that doesn't make mediocrity good or acceptable. I guarantee you Vince isn't sitting there saying, oh well we lost 20$ a share when we launched the network but we are back up 3$, happy days are here again.

The point is, year-over-year it is much higher than it was. WWE stock was overvalued for several months.

[LionDen]

WWE was a publicly traded company back then, the stock was 10.31$ the week they announced the xfl and 13.33 the week it discontinued. The xfl wasn't as big of a failure as history remembers it. Vince has said many times that he would have continued on with it if the network deal with nbc hadn't fell apart and I agree with him in theory. I think it would have found a market.

Ahhh, thankk you for the heads up :)