One To Watch World Wrestling Entertainment, Inc. (wwe)

This share has been amazing prior to the recent set back. Longer term there is massive potential in the Far East and I would suggest it is a strong buy on weakness. Not sure the partial rebound of last week will stick - there might be a chance to buy back in a lot lower down due to technical issues on the graph.

 

While the main man has cashed in a few million bucks of shares recently, he still has a holding worth more than $2b!

The shares had performed well prior to the ongoing stock market correction and I think they will come again. Overseas expansion is the key to the future - especially China. Watch this space

 

I think this one is chomping and bit to breakout on the upside. I wonder if the trade tariff issues with China might impact short term growth into that area of the world? I read somewhere that China and the Far East are growth markets for the company.

 

Unfortunately this graph remind me of the WeightWatchers one - riding high then suddenly out of favour and sold down to rock bottom levels. Is this a classic pump and dump?

 

It is unfortunate but WWE seems to have become a victim of the crossfire between the US and China in relation to trade. This was always the worry, that innocent companies and bystanders would be hit while the politicians play their "games". When investing in companies trading in the likes of China and the Far East there are now political angles to consider.

 

What a horrible graph - the downtrend is constant athough there might be a brief period of consolidation. Might a takeover save the company?

 

Looks like the downturn might be over and the shares starting to recover. Is it a coincidence that the US/Chinese trade talks seem to be finally getting somewhere? Big market for WWE?