Why WWE Is My New Stock Purchase
Hello. You might remember me as one of TMF's most uprising stars with a 98 CAPS rating. Anyways, I've made a few moves recently. Not many though. The stock market has been a challenge in recent months. Anyways, no challenge at buying WWE finally after months of review and watching.
Personally, I've watched wrestling since the 80's: WWF, WCW, ECW, TNA, ROH, and now WWE. Well WWE is short of stars at the moment, the current Raw program somewhat is lame, and more superstars like the Undertaker are expected to retire soon, causing WWE to lose even more money. WWE is losing money mostly on PPV buys as UFC competes, the WWE storyline is stale, and people are finding more ways to watch for free.
Well today is the time to BUY! Dividend is not going anywhere at over 10% now. Stadiums remained packed. And new stars are rising every few months. WWE is in a transition period and this is the time to buy WWE if you plan to get rewarded in the future.
Solid company, long-term reputation at positive revenue, and a sick dividend make WWE a steal!
In other news, I have added more BAC shares, sold all my EROC warrant shares, and also bought GIGM at a low share number just to see what happens.