buying shares

cena

would you if or have the money and buy some shares into wwe or tna.

i'm just wondering as I'm thinking of doing this as I'v come into some money.

chordtype

Not sure about how to buy shares for WWE but TNA is owned by Panda Energy which is privately owned so you cant (and why in the name of Ric Flair would you want to) buy shares in it as far as I know.

Did you win the Nigerian lotto? Because I did. Several times.

cena

no i didn't win the lotto. its from some thing else which is from a private matter of my self. lets just say the four courts is not a nice place too be in

D2D

Stupid question here but how much is it to by shares in WWE?? I know if you buy shares in WWE, you get to view the conference meetings and the AGM.

cena

that i would have too find out. there site doen't say. wel i couldn't find it

chordtype

Dare_2_defy wrote: »

Stupid question here but how much is it to by shares in WWE?? I know if you buy shares in WWE, you get to view the conference meetings and the AGM.

It's about 16 or 17 dollars for each share.

http://corporate.wwe.com/

This might be a good place to browse.

geeky

cena wrote: »

would you if or have the money and buy some shares into wwe or tna.

i'm just wondering as I'm thinking of doing this as I'v come into some money.

For what it's worth, I have to know a little bit about this stuff for work, and the entertainment industry as a whole is not a very good place as a long-term investment. Success is essentially dependent on the most unreliable commodity in the world - talent, and its ability to draw money. That's even before we consider the systemic challenge to the industry that piracy presents. I'd be wary of investing any meaningful part of your money in an entertainment company unless you're seriously confident about its future as a business.

On the WWE itself, I personally there are major reasons to be wary - the long-term decline in PPV buyrates and TV ratings, the loss of key performers both in the last year and in a year or two to come, the fact that the company is still essentially controlled by a single family who do not always make decisions based on making a profit, and a question mark over the succession. Even without going into a debate about whether MMA is replacing wrestling (it's definitely got a big - and growing - piece of the pie) there are issues with WWE that would have me warn people off. If you want to read other views, here's a useful enough site: http://seekingalpha.com/symbol/wwe.

Depending on how much money you've come into, and how long you're happy to keep this money tied up, I'd look at another sector for your major investment, even if you want to get a few shares just for the sake of it. Hope that's halfway helpful, and feel free to PM if you want more in-depth advice. I hope the four courts experience wasn't too tough.

Degag

I think if you were planning to invest in companies, there would be far better options than the WWE.

campo

Be better off putting your money in the 3.20 @ Sandown then the WWE.