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Post by marino13 on Apr 8, 2014 20:57:28 GMT -5
I'm not going to talk numbers, mostly due to the fact I don't pretend to know everything. That being said, I love the WWE network and have talked a few people into getting it. I love it and for the most part have had very little issues with the stream. WWE has outdone themselves this time IMO.
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Dr. Mantis Toboggan MD
Main Eventer
I need a monster condom for my magnum sized dong.
Joined on: Nov 25, 2011 16:25:54 GMT -5
Posts: 4,713
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Post by Dr. Mantis Toboggan MD on Apr 8, 2014 20:57:37 GMT -5
The stock price is still well twice what it was 6 months ago and as others have said, stock prices drop for some of the stupidest reasons. Whenever a disaster happens, stock prices drop. It may have been do to Taker's loss, it may have to do with people who bought stock and had no idea what WWE expected to have in subscriptions. A lot of people didn't buy because of the they didn't know how well it would be for a streaming event that large. Yes it is. WWE Stock is still performing, overall, very well. And yes, stock prices do fluctuate for stupid reasons. HOWEVER, Forbes directly cites the subscriber number AND a 10% shareholder dumped his stock based on that number. I can tell you UNEQUIVOCALLY that Taker had ZERO to do with the stock price drop. That is an absolute absurd and ridiculous statement. This thought proves just how little you understand about the market. In addition, WWE Network has more value than JUST WM streaming live. It also has the library, which will have WM 30. Not everyone watches these PPV live. I think there are probably quite a few subscribers that specifically signed up for WWE Network b/c of its ability to be "on demand". Meaning they dont watch live tv or live PPV. They watch at their own time that they find most convenient. Many of you can feel free to disagree with me or believe this lame ass idea that the end of the streak is what caused the price to drop, but I can assure you....it is FAR from the truth. The fact is 667,000 is considered to be a low number for stock holders, investors and the WWE. I wasn't necessarily saying the Streak caused it, I was presenting an absurd option. I should have phrased this better, a lot of people didn't buy the network because they weren't sure of its streaming capability as a whole. A lot of people were probably turned off during the one week free trial as the severs weren't prepared. I didn't hear about the shareholder, but that could just be a mistake he is making. If they didn't like that WWE didn't reach the number of buys they wanted in ten months in two, that is dumb on their part I was literally checking Facebook today and saw someone ask if the network is worth it and all they got was positive responses about it from people who got it right around Sunday.
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Post by King Bálor (CM)™ on Apr 8, 2014 21:20:58 GMT -5
Yes it is. WWE Stock is still performing, overall, very well. And yes, stock prices do fluctuate for stupid reasons. HOWEVER, Forbes directly cites the subscriber number AND a 10% shareholder dumped his stock based on that number. I can tell you UNEQUIVOCALLY that Taker had ZERO to do with the stock price drop. That is an absolute absurd and ridiculous statement. This thought proves just how little you understand about the market. In addition, WWE Network has more value than JUST WM streaming live. It also has the library, which will have WM 30. Not everyone watches these PPV live. I think there are probably quite a few subscribers that specifically signed up for WWE Network b/c of its ability to be "on demand". Meaning they dont watch live tv or live PPV. They watch at their own time that they find most convenient. Many of you can feel free to disagree with me or believe this lame ass idea that the end of the streak is what caused the price to drop, but I can assure you....it is FAR from the truth. The fact is 667,000 is considered to be a low number for stock holders, investors and the WWE. I wasn't necessarily saying the Streak caused it, I was presenting an absurd option. I should have phrased this better, a lot of people didn't buy the network because they weren't sure of its streaming capability as a whole. A lot of people were probably turned off during the one week free trial as the severs weren't prepared. I didn't hear about the shareholder, but that could just be a mistake he is making. If they didn't like that WWE didn't reach the number of buys they wanted in ten months in two, that is dumb on their part I was literally checking Facebook today and saw someone ask if the network is worth it and all they got was positive responses about it from people who got it right around Sunday. Ok....I'm with you on that. I got it during that first week and cursed it to all hell. But we are far past that and the Network seems to have worked out about 95% of its kinks. The shareholder, who you will find his name in this thread, is millionaire. He is far more intelligent when it comes to stock trading than you and I combined. Could he have made a mistake? Yes. But I think if he owned 10% of WWE.....he would have more inside knowledge, a firmer grip of the situation and better perspective of the network than any of us. You also keep talking like this million number in 1 year is anything less than PR conservative talk. I very much doubt WWE was expecting such a low number following WM. I think they wanted to give themselves some leeway to make adjustments before the 1 year mark. I am still hearing that the price of the network is going to go up in order to soften that million mark.
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Dr. Mantis Toboggan MD
Main Eventer
I need a monster condom for my magnum sized dong.
Joined on: Nov 25, 2011 16:25:54 GMT -5
Posts: 4,713
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Post by Dr. Mantis Toboggan MD on Apr 8, 2014 21:26:36 GMT -5
I wasn't necessarily saying the Streak caused it, I was presenting an absurd option. I should have phrased this better, a lot of people didn't buy the network because they weren't sure of its streaming capability as a whole. A lot of people were probably turned off during the one week free trial as the severs weren't prepared. I didn't hear about the shareholder, but that could just be a mistake he is making. If they didn't like that WWE didn't reach the number of buys they wanted in ten months in two, that is dumb on their part I was literally checking Facebook today and saw someone ask if the network is worth it and all they got was positive responses about it from people who got it right around Sunday. Ok....I'm with you on that. I got it during that first week and cursed it to all hell. But we are far past that and the Network seems to have worked out about 95% of its kinks. The shareholder, who you will find his name in this thread, is millionaire. He is far more intelligent when it comes to stock trading than you and I combined. Could he have made a mistake? Yes. But I think if he owned 10% of WWE.....he would have more inside knowledge, a firmer grip of the situation and better perspective of the network than any of us. You also keep talking like this million number in 1 year is anything less than PR conservative talk. I very much doubt WWE was expecting such a low number following WM. I think they wanted to give themselves some leeway to make adjustments before the 1 year mark. I am still hearing that the price of the network is going to go up in order to soften that million mark. We'll honestly just have to see where this goes at this point.
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weaseltv
Main Eventer
Joined on: Mar 22, 2013 18:57:55 GMT -5
Posts: 3,672
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Post by weaseltv on Apr 8, 2014 21:51:22 GMT -5
Well, i'd say for the guy that owned 10% of the stock... he made a whole lot of money from the past few months and that's all that matters in stocks... As for the reason of the drop off... i'd say it was like the person said before, the short term costs of bringing the network up is bringing in weak numbers this quarter. Honestly.. I doubt that a whole lot of the "major" investors are huge wrestling fans... its large funds and such and it's all about the money.... As for the 667K subscribers, WWE never projected 1 Million this soon. 1 Million is around the break even point and they should hit it at some point... It may not be from the US alone though... so that means it could hit in 2015 which may also be a partial reason for the stock drop... putting my stock hat on... I actually like the stock at $21 though... it trends with the upward movement of the 6 month chart. but if it goes lower than its in that bearish territory which I think tells larger funds to get out...
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Post by WickedColdClown on Apr 8, 2014 21:57:48 GMT -5
The stock price is still well twice what it was 6 months ago and as others have said, stock prices drop for some of the stupidest reasons. Whenever a disaster happens, stock prices drop. It may have been do to Taker's loss, it may have to do with people who bought stock and had no idea what WWE expected to have in subscriptions. A lot of people didn't buy because of the they didn't know how well it would be for a streaming event that large. Yes it is. WWE Stock is still performing, overall, very well. And yes, stock prices do fluctuate for stupid reasons. HOWEVER, Forbes directly cites the subscriber number AND a 10% shareholder dumped his stock based on that number. I can tell you UNEQUIVOCALLY that Taker had ZERO to do with the stock price drop. That is an absolute absurd and ridiculous statement. This thought proves just how little you understand about the market. In addition, WWE Network has more value than JUST WM streaming live. It also has the library, which will have WM 30. Not everyone watches these PPV live. I think there are probably quite a few subscribers that specifically signed up for WWE Network b/c of its ability to be "on demand". Meaning they dont watch live tv or live PPV. They watch at their own time that they find most convenient. Many of you can feel free to disagree with me or believe this lame ass idea that the end of the streak is what caused the price to drop, but I can assure you....it is FAR from the truth. The fact is 667,000 is considered to be a low number for stock holders, investors and the WWE. You sure know a lot for not having any inside info from the stockholders... Did you sell off your 10% ?
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Post by King Bálor (CM)™ on Apr 9, 2014 13:46:42 GMT -5
Yes it is. WWE Stock is still performing, overall, very well. And yes, stock prices do fluctuate for stupid reasons. HOWEVER, Forbes directly cites the subscriber number AND a 10% shareholder dumped his stock based on that number. I can tell you UNEQUIVOCALLY that Taker had ZERO to do with the stock price drop. That is an absolute absurd and ridiculous statement. This thought proves just how little you understand about the market. In addition, WWE Network has more value than JUST WM streaming live. It also has the library, which will have WM 30. Not everyone watches these PPV live. I think there are probably quite a few subscribers that specifically signed up for WWE Network b/c of its ability to be "on demand". Meaning they dont watch live tv or live PPV. They watch at their own time that they find most convenient. Many of you can feel free to disagree with me or believe this lame ass idea that the end of the streak is what caused the price to drop, but I can assure you....it is FAR from the truth. The fact is 667,000 is considered to be a low number for stock holders, investors and the WWE. You sure know a lot for not having any inside info from the stockholders... Did you sell off your 10% ? I appreciate the compliment. But outside having a good understanding of how the market works, most of the information I am providing here are coming straight from stock analysts and Forbes magazine. None of the inside knowledge I have in pro wrestling is gonna have ZIP to do with the stock.
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