World Wrestling Entertainment (WWE)

[DownWithPumpers]

Now let's look into why I feel the stock was over sold on Fridays large drop. At closing price $11.37 ish. For most of the year the stock has traded above $14.65 from 2013may till now.

1. Last year the company was making money.
2. Last quarter we lost money.
3. The company announced that next quarter the losses will be greater than this quarter.
4. The company led investors to believe that if they got 1 million subscribers they'd be breakeven.
5. Recently they announced if they got 1 million subscribers they were going to lose a minimum of 35 million dollars.
6. They can't get a million subscribers. Insiders think they're going to fall short.


And then the worst thing of all. The stock is totally in control of daytraders almost all who are ready to sell on any move up so they can break-even.