I think investing in WWE stock is a smart move. Over time they will generate interest for the WWE network, they spam it all over their broadcasts. The Summerslam card looks great and the WWE Network is about to go International.
It was trading at $30.00 a share before collapsing to under $11.00 a share.
My argument is that the stock price rose because of the potential of the WWE Network. Everyone jumped off board when the numbers weren't that great for the WWE Network initially but the Network has longterm potential. The potential is still the same as when the stock was trading at $30 a share.
It's back up to $13.42 and I think there's potentially both short-term and long-term with this stock.
It was trading at $30.00 a share before collapsing to under $11.00 a share.
My argument is that the stock price rose because of the potential of the WWE Network. Everyone jumped off board when the numbers weren't that great for the WWE Network initially but the Network has longterm potential. The potential is still the same as when the stock was trading at $30 a share.
It's back up to $13.42 and I think there's potentially both short-term and long-term with this stock.