I know many of you laugh at wrestling, but regardless, their stock is a great one to use to make money. There are two options really, short-term or long-term.
SHORT-TERM
WWE just announced pretty bad quarter results and the stock fell slightly. It is in the $15 range and that's a good price to pick it up at.
They had a major star retire, more injuries at one time to other stars than I can recall, the Volcano/travel issues while on tour in Europe and the time after Wrestlemania is typically "slow" as new storylines are just given their start.
It should be back to at least $16.50 - $18.00 at some point before the next quarter. Reason? SummerSlam is coming up and is one fo the major PPVs, mega-stars like The Undertaker and Triple H are slated for returns and lately ratings have been on the rise due to new storylines and stars being created.
Seems like an easy way to NET anywhere from 8%-15% in 2-3 months. It won't make you millions over night, but it's not pocket change either.
LONG-TERM
Not many realize, but WWE gives out one of the stronger, regular dividends around. They pay 36 cents per quarter, or roughly 8%-11% per year on your investment. That isn't bad and IMO, the risk is extremely low. Even when quarters have been bad, the McMahons just take less dividend on their shares and make sure the shareholders get paid out.
Anyhow, I'm not some stock expert, but I think if you follow the above plan you'll make some money. I'll bump it in a month or two to see where we are at
SHORT-TERM
WWE just announced pretty bad quarter results and the stock fell slightly. It is in the $15 range and that's a good price to pick it up at.
They had a major star retire, more injuries at one time to other stars than I can recall, the Volcano/travel issues while on tour in Europe and the time after Wrestlemania is typically "slow" as new storylines are just given their start.
It should be back to at least $16.50 - $18.00 at some point before the next quarter. Reason? SummerSlam is coming up and is one fo the major PPVs, mega-stars like The Undertaker and Triple H are slated for returns and lately ratings have been on the rise due to new storylines and stars being created.
Seems like an easy way to NET anywhere from 8%-15% in 2-3 months. It won't make you millions over night, but it's not pocket change either.
LONG-TERM
Not many realize, but WWE gives out one of the stronger, regular dividends around. They pay 36 cents per quarter, or roughly 8%-11% per year on your investment. That isn't bad and IMO, the risk is extremely low. Even when quarters have been bad, the McMahons just take less dividend on their shares and make sure the shareholders get paid out.
Anyhow, I'm not some stock expert, but I think if you follow the above plan you'll make some money. I'll bump it in a month or two to see where we are at
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