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World Wrestling Entertainment Inc. Message Board

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  • troublesacomin troublesacomin Aug 24, 2012 4:42 PM Flag

    on Tuesday, WWE hit 8.75 on Friday below 8

    and finally, back to the stock, WWE might be good for a value trade at its current price around $8 and it would be probably nice for an investor that likes to have shares in a company they can identify and relate to instead of say a mining company in the middle of nowhere because the WWE is on TV but with markets being so depressed there are many other stocks with better revenues, better growth perspectives and that have better dividend payout ratios that are cheaper than shares of WWE. I was thinking about starting a position in WWE until I started researching it. I don’t have shares, shorts or options on WWE, I’m just presenting my opinion on it. If they could get a better revenue stream id buy it for the dividend, but not here. At this level all you have is something that might go back to where it was of $9, 10 or higher based on previous performance and that’s valid because the revenues are inline with the past. But you cant buy it solely for the dividend and if the market doesn’t come back you will be waiting for it to appreciate to those former levels for a looong time. Good luck. Hit the music.

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