Let it tank as far as I'm concerned. There were issues with WWE Vince McMahon (in particular) & no doubt he is selling into this
NOW that he isn't beholden to an INSIDER TRADING rules & regulations! I wouldn't be surprised if he DOES HIS DUMPING &
then gets hired back!! I mean,... wouldn't it be JUST LIKE the snake-oil salesman, Barnum & Bailey Circus CLOWNSTICK?
And I say that LOVINGLY -- NOT because I LOVE wresting! I prefer the REAL THING!! And have most of my life (Jui-jitsu, etc.),
but because I RESPECT HIM & what he's done!! He has an amazing, flexible, creative & disciplined mind -- is a showman with
fantastic business acumen! You don't get to be THAT BIG on FAKE without something extraordinary imv!
What do you think?
I would NOT be surprised for this to SINK LOWER... & am kinda convinced that he's either liquidating OR the market just doesn't
like that he's been more-or-less: CHUCKED aside!! It very well could be BOTH!!
Also, I LOVE entertainment stocks when the economy is tight... Because people look for distraction. And NEED IT! That, & sin
stocks... This one is a great fit for my portfolio but I shorted it on the LAYOFFS (posted as such here) & got VERY LUCKY because
the McMahon news come out right after I did...
Should be fine -- VERY FINE -- long term.
$TKO
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