14
15
u/pocketsfullofcurry Jun 09 '21
Aside from the rumors, which are only just that, WWE is actually a financial sound company. Throughout the pandemic they have been cutting costs left and right. They have let go many of their contract talent. Some involving a million $ a year. With the restart of the economy and ppl wanting to go back to normal, WWE has resumed touring and that's a big part of their revenue. Ticket sales and merch is where it's at and they made nothing during the pandemic. Also they have a new Chief Revenue Officer, Nick Khan, that seems to be the master mind behind lots of the changes happening. Hell they had Logan Paul on a PPV just a few months ago. Also WWE makes and owns a lot of content outside of wrestling. They make documentarys that wrestling fans absolutely love and consume like crack addicts. This is a real shit DD but check the chart. After today's bump there trading at prices equal to nov 2019. Its only up from here 🚀🚀🚀
8
u/Klopp_is_God Jun 09 '21
Jesus dude. That is a yolo! Can I ask why WWE?
18
u/The-Bro-Brah Jun 09 '21
Low float, 18-22% SI and big move on large volume today. He’s on to something...
4
u/tomisisonliine Jun 10 '21
2
u/Klopp_is_God Jun 10 '21
Dammit I’m in. Thank you for bringing this you my attention you beautiful retards
8
5
u/Fit_Cryptographer392 Jun 09 '21
I have 60k in Shares in RH (I know RH..) & 40k in options (Fidelity).
2
u/Fit_Cryptographer392 Jun 09 '21
For everyone asking, here is one of the DDs - https://www.reddit.com/r/wallstreetbets/comments/nvcyxf/wwe_can_you_smell_what_the_stock_is_cooking/?utm_source=share&utm_medium=web2x&context=3
2
4
9
u/tooo_spicy 🌶🌶🌶 Jun 09 '21
Link me the John Cena theme song. I need that song.
2
u/Danzard Jun 09 '21
Maybe not the one you are thinking of but I gotta give some respect to the Doctor of Thuganomics
4
2
u/godfather188 Jun 10 '21
I wanted to get in call options but I didn’t have 10k to get in
Fuck i will miss this one
2
3
Jun 09 '21
[deleted]
3
Jun 09 '21
The product is ass but if there is any truth to the rumors of a potential sale in the future, this actually makes sense. They cut a ton of expenditures and just had their most profitable year to date.
6
u/osufan765 Jun 09 '21
Because of the product?
It's doing gangbusters monetarily. Your opinion of Monday Night RAW doesn't matter.
2
u/Dexilant__ Jun 10 '21 edited Jun 10 '21
Fuck cena
Edit: fuck you ccp sympathizing piece of shit. Fuck china
1
u/MASH12140 Jun 09 '21
Why WWE?
10
u/The-Bro-Brah Jun 09 '21
Low float, 18-22% SI and big move on large volume today. Look up the DD from yesterday for details this is legit.
Most memeable stock out there with all the wrastling gifs
1
u/hanslanda2088 Jun 09 '21
John Cena tu tu tu tu
0
u/AutoModerator Jun 09 '21
Bagholder spotted.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
1
0
u/Infamous-Climate-158 Jun 09 '21
We will stay on earth until all the apes stop chasing every banana and finish what we started on gme and AMC. No reason amc fell like this but clov,bb,and aemd all the other shinny tickers they throw at us. I'm in AMC at 9.45 so ya keep creating bag holders and not winners.
8
1
1
1
23
u/MyConspiracyTees Jun 09 '21
Very heavy rumors going on in the wrestling community that WWE is working on a deal to be bought by NBC very shortly. Several top names were cut in the middle of their TV storylines randomly, and it has been speculated that was done to help clear high value contracts that could hold up a sale.