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Stuart Ullman

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Everything posted by Stuart Ullman

  1. Greetings fellow geniuses, I am starting this thread to give you a little stock advice based on some speculation and observations I've made over the past few months. Pretty much, WWE stock opened on January 2nd, 2018 at $30.80 a share. The stock typically peaks around WrestleMania season before investors sell off during the slow season. However, something very interesting happened during the slow season this year. WWE signed a 5-year, 1 billion dollar network with the Fox Network on May 21, 2018. On this day alone, the stock price jumped from $51.80 a share to $57.67 a share, an 11.33% increase in one day. Which, makes sense when you consider that 1 billion dollars was gifted to their Accounts Receivable. While the deal was signed on May 21, 2018 it was not publicly announced until June 27, 2018 where the stock reached an incredible $74.72 a share. The WWE weren't done there, however, a month later it was announced that the WWE signed an estimated 450 million 10-year deal with Saudi Arabia on July 27, 2018 with the stock price reaching a staggering $85.78 a share. Since then, WWE stock has risen to heights as high as $97.69 on September 28, 2018. Which is a 217.17% increase in less than 10 months. The rise makes sense, since WWE has added the equivalent of 1.5 billion to their Accounts Receivable over the next 10 years. Here is where my speculation begins. I believe that WWE stock is a due for a major drop in price, most likely starting tomorrow: 1.) The stock is up approximately 200% YTD whereas the NASDAQ itself is only up 2.29%. The massive sell-offs that typically would occur with this stock, never happened. WrestleMania raised the price, then the Fox Deal came through, then the Saudi Deal came through. There are plenty of people holding stock purchased at $30 - 60 a share that are ready to lock in some profit. 2.) If you have been following the news, Saudi Arabia has recently found themselves in hot water for allegedly killing US journalist. The WWE has seen backlash from this controversy, prompting them to remove the WWE Crown Jewel event set to take place in Saudi Arabia on November 2, 2018 from their event calendar. There is speculation that the event will be cancelled or relocated completely. If the WWE and Saudi Arabia were to break contract on this 10-year, 450 million dollar contract, it's easy to surmise that the stock could drop down to the $74.00 valuation it was at before the deal was signed. This alone would signify about 15% loss of investment. 3.) On a macro level, the CBOE Volatility Index (VIX) is at a 6 month high. For those who are unaware of what this is, this security is often known as the "fear" index. When people are fearful, things are more volatile and subject to more drastic price fluctuations. This all makes sense because our stock market itself is also at a 6 month low (they're inverses of each other). 4.) The Saudi Arabian stock exchange dropped 7% among all this controversy. As we know, the Saudi Arabia is deeply tied to oil and the price per barrel dropped in direct correlation to the Saudi Arabian stock market. This of course, creates more uncertainty and volatility. 5.) All of these developments happened over the past few days, aka, the weekend. As in, our stock market was closed. The effects of all these developments are still unknown. 6.) Midterm elections in November and fear of a Non-Republican majority create more fear and uncertainty. If you've made it this far, give yourself a pat on the back as I'm about to get to my point. I firmly believe that both WWE stock and the US Stock Market will open in the red tomorrow. The WWE has seen such sustained growth without giveback and is so deeply intwined with Saudi Arabia that it's a matter of "how much" and not "if" the stock will take a hit. We have people holding shares purchased at $30 that they are liable to sell off for $85 a share before the Saudi Arabia and US Stock Market fear cause massive sell-offs. This creates a great short opportunity, but what price range are we looking at? Well first of all, the stock is not worth the $85.00 - 90.00 it currently trades at. It's a bubble, so if you can short at that price do it quickly. Prior to the Saudi deal, the stock was trading at about $75.00 a share, shorting at that price offers opportunity as well. How low do I see it going? For me, I believe an accurate and fair WWE stock price as reflected by the price when the 5-year 1 billion dollar Fox Network deal was signed is anywhere from $50-60 a share. I feel like the stock can comfortably be shorted from its current position of $85.55 to $50.00 a share while a lot of this begins to correct itself and people take their profits. If those estimates are correct, you can realize an approximate 70% gain. Anything lower than $50.00 a share and people are just being hysterical and you should then begin to BUY hand over fist. How long should you short? Well, for those who follow the product the "Road to WrestleMania" begins at the Royal Rumble which is in January. I'd say, short until Christmas, sell off, and reevaluate the price going into the 2019 fiscal year. The stock typically rises from January to April (WrestleMania season). Let's see what tomorrow and the next week brings!
  2. Stuart Ullman

    New Job didn't pay me -

    Listen to this nonsense. I recently started a new job that pays weekly. I finish my 2nd week of training today and coincidentally, was supposed to get my first weeks pay today. I wake up today. No paycheck (direct deposit). I call my branch (it's a large call center). No answer, sent to voicemail. I call the payroll department. "Your account is so new, we're having trouble opening it. Call your local branch." Great. I go online to our payroll website. It tells me to create an account. "We're unable to verify your identity with the information provided. Please call your local branch." Great. I was pulled out of training yesterday in regards to my Social Security number. Allegedly, somebody had used it there in the past. Which, I don't believe since nothing comes up on my report on Social Security dot gov. They want a copy of my Social Security Card to verify my number, which of course, I haven't had in years. It's never been an issue, as I've kept the number in my head. I kind of dismissed the lady in HR and decided to tackle the issue on Monday. Now, however I've connected the dots. I didn't get paid and cannot be adequately served by the HR department because they haven't verified my Social Security Number. Pretty upset that the HR lady made no mention that this would prevent me from getting paid. So I go online to order a new Social Security Card. "Thank you for requesting a replacement of your Social Security card on October 26, 2018. You will receive another email when your request has been reviewed. Most applicants will receive their replacement Social Security card in 7 to 10 business days. " 7-10 business days. That puts me anywhere between November 6-10 before I will even receive the replacement card, let alone waiting for my company to fix the error and process the direct deposit. That's going to be 4-weeks pay all at once but I was kind of counting on this money to: 1.) Buy schoolbooks. Classes started Monday. I toughed it out without books until this Friday. Won't have the actual books I need for another 2 weeks at this rate. 2.) Car insurance. It was due on the 16th. I delayed it until the 31st. Now it will cancel. 3.) Food and Gas. I was and still am scraping by on lunch meat sandwiches for lunch. I've got a 3/4 tank of gas. Which will last me another week, then what? 4.) Gym membership. Annual fees were due on the beginning of October. Told the gym I'd pay my membership today. Now I can't workout. 5.) Dental crown. I have a temporary crown in my mouth. I'm supposed to get that replaced next week but will have to cancel the appointment at this rate as goods are deliverable on payment. 6.) Drinking and other entertainment expenses. I'm 26 years old. If I want to go out for lunch. Go out for drinks. Smoke some weed. Go to the movies. Place a sports bet. That's all not happening for another 2-weeks. 7.) Get a haircut. This sounds dumb, but I've literally been putting off getting a haircut to pay for food and gas instead. Do you see how ridiculous this is now getting? I am now enrolled in college with no schoolbooks. The car insurance I need to drive to work will cancel at the end of the month. I have no money to party on Halloween weekend (and only a few good years left to get blackout drunk). I will run out of gas and food. I have a gym membership I can't use, a full mop of hair that needs to get cut, and a temporary crown that looks absolutely ridiculous in my mouth. I'm essentially a slave at this point until I receive my replacement Social Security Card in the mail. I'm going to have to run to Mom and Dad for money to eat and put gas in car (embarrassing). I'm going to miss out on all forms of entertainment and physical fitness for the next two weeks (love giving up 2 weeks of gains at the gym). All over some nonsense and technicality. Now, don't construe this as complaining. Things could be worse. I could be dead. I could not have a job, an education, or a car to worry about at all. At some point I will look back at this at laugh. But as of right now, it's just plain sad. Some of you will derive amusement from this, which is great, enjoy my misery. All I can do is shake my head.
  3. Stuart Ullman

    New Job didn't pay me -

    Too soon. ?
  4. Stuart Ullman

    New Job didn't pay me -

    *groans* All you fast talkers make it sound so easy, lol. I normally dress up as a cat and take advantage of the fact that 30% or chicks dress up as cats. It's built in small talk. Many will approach you, take pictures, and you can keep pawing at random chicks until you find one that reciprocates the nonsense with you. Wasn't about to commit petty theft by stealing a $0.99 cent tube of black paint though, lol.
  5. Stuart Ullman

    New Job didn't pay me -

    You know, it was baseball season, so it's hard to say. If I had to guess, I was probably break even or slightly down on MLB. I wasn't betting too heavy since I know it's not my best sport. Unemployment only gives you about $3,000 of assistance before they cut you off. So that's your ceiling right there. Of course, I had about $1,500 in savings at that time which is now gone. Hard to say, specifically I took 2 trips to Chicago and smoked a lot of weed. Took some classes, maybe had about $1300 in financial aid come through for summer classes. I didn't have a job because I was fired from my sales job selling Erosion Pollution Prevention products at $14.50 an hour + commission. Products to keep job sites compliant with the Department of Transportation. It was pretty easy, their website generated plenty of leads and if we were close enough in proximity to the client, it was easy to close a sale. As far as why I left, I was promoted from Business Development to Sales over holiday break in December and when I returned to the office, our Sales Manager (the guy who hired me) committed suicide over the break. So literally, my Sales Manager promoted me then killed himself over Christmas Break. New Sales Manager was a woman named Karen and we never saw eye-to-eye. I never received proper training but busted my ### to reach my sales goals two months in a row. At the end of February, I was let go citing not being a good "fit" for the company. Which I totally understand, new managers want to bring in their people. The company had high turnover rates and I knew when Andy was gone, I was on borrowed time myself. I was on salary at the time and working 60+ hours a week to maintain pace with the rest of the sales team. I stopped taking college classes because I was making more money than I had ever made in my life. But when I was let go, I was burnt out. This was the second sales job (of 2 jobs I've had since moving to Florida) that chewed me up and spit me out. My other manager at an AT&T retail store was #### canned after 2 months of working with him and the new manager had me relocated, so I quit. I didn't want the keep starting over, only to get fired over and over again. So I took a break. I decided, no more sales job, just finish school and get paid to be an accountant. Even if it's entry level work, get something with job security. I was able to stretch the money I did have out up until a few weeks ago, when I was informed by my college in order to continue, I would need to pay off last semesters tuition in cash. I only owed them $1,100 but it was pretty much all I had left. I have $5,000 coming to me in the form of financial aid and loans but those don't disperse until November 7th and I needed money, asap. So I took the job at the Call Center I'm currently at. They only pay $11 an hour but they don't drug test and in conjunction with the $5,000 in financial aid I will be receiving shortly, will be more than enough to finish the final 6 classes required for my Bachelor's Degree (I graduate in May). I know that's lengthy, but that should give you all the context you need.
  6. Stuart Ullman

    New Job didn't pay me -

    You know, Halloween is significantly less fun when you don't have a costume or money to buy shots. This is dumb. Stupid call center ruining one of the few Halloween's under age 30 I have left.
  7. Stuart Ullman

    New Job didn't pay me -

    WHAT A WONDERFUL NAME IT IS WHAT A WONDERFUL NAME IT IS THE NAME OF JESUS CHRIST, MY KING
  8. Stuart Ullman

    New Job didn't pay me -

    HOW BOUT THEM RED SOX?!?!?!
  9. MONEY TRAIN, BABY!!! WOO, WOO -
  10. I NEVER DOUBTED IT!!! BOSTON, BOSTON! WORLD SERIES CHAMPS 2018!!!
  11. Stuart Ullman

    New Job didn't pay me -

    Space Jam 2 is going to be awful.
  12. Stuart Ullman

    New Job didn't pay me -

    See, now we're all having fun. Why couldn't we all like, be cool like this earlier?
  13. Stuart Ullman

    New Job didn't pay me -

    I know man, it's so depressing. The only thing I like is the wisdom that comes from getting older. Life is a series of patterns. There are really only so many different situations and personality types to encounter. Eventually you get to the point where it's like, "Wow, I know exactly what I'm supposed to do in this situation".
  14. Stuart Ullman

    New Job didn't pay me -

    Oh yeah, that's on me. At least on the flipside, when I do get paid I'll get two-paychecks within close proximity of each other. So that'll be fun. There's a ying to every yang.
  15. Stuart Ullman

    New Job didn't pay me -

    This Trenton Cannon seems like a really nice kid.
  16. Stuart Ullman

    New Job didn't pay me -

    I'm drinking the 40 now. About 1/5 done with it now. Gotta get all loosey-goosey to dance at peak performance. Still debating if I want to paint some cat whiskers on my face and pretend to be a cat all night. Also, there are some decent stakes on this World Series game for me. It's 11:11PM (make a wish) on the East Coast. If I get to the bar by Midnight, that gives me 2-hours of dance factory.
  17. Stuart Ullman

    New Job didn't pay me -

    Being broke isn't the issue. The issue is not getting paid on time. I made every preparation of things within my control to not be broke. You get what I'm saying, right home skillet?
  18. Stuart Ullman

    New Job didn't pay me -

    I believe Jesus is real and I believe you do indeed reap what you sow. So yes, I have earned this situation. You have to be accountable for all facets for life. There's nothing more annoying than people who think, WHEN I LOSE IT'S LUCK, WHEN I WIN IT'S SKILL
  19. Stuart Ullman

    New Job didn't pay me -

    See, here's the trick with unemployment, right. They give you x amount of funds per 365 days from where you apply. So, you don't have to apply for them every week. You can, for instance, claim $550. Hit two bets in a row and double up to $2,000. Then, live off that $2,000 and only take another $550 stipend when funds get low.
  20. Stuart Ullman

    New Job didn't pay me -

    GAMBLING, UNEMPLOYMENT, FINANCIAL AID
  21. Stuart Ullman

    New Job didn't pay me -

    Love french fries. *HITS BONG*
  22. Stuart Ullman

    New Job didn't pay me -

    I haven't worked since February. I only don't have money because I spent my last $1,100 to re-enroll in college. Had I not been working, I could have had $550 on unemployment thrown in my lap. If I request it now, it's technically fraud. I just figured I would get paid on time, like every job I've ever had. I could get easily be sitting on my tush, smoking weed, and collecting unemployment. But because my new employer screwed up, I'm a big idiot for going back to work and re-enrolling in college.
  23. Red Sox hit a 3 run jack, all I see is false hope. If we pull this out, great. But in my mind, I'm already hedged out.
  24. Stuart Ullman

    New Job didn't pay me -

    What part are you not understanding that I've been working for the past two weeks and the payroll department screwed up my first paycheck?