Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

WWE - World Wrestling Entertainment, Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Apr 4, 2016.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,069
    Likes Received:
    1,694
    2 great days in a row.
     
  2. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Sneaky looking range this turned out to be

    Volatility decreasing, sign of accumulation... volume increasing, sign of distribution

    Volume nodes are almost evenly split in the top and bottom halves of the range

    And OBV is nearly flat compared to the higher highs and higher lows in price

    Not sure what to make of this oneo_O


    20171027_190436.png
     
  3. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Wow!.... when you're late to the airport and your rocket ship takes off without you:confused:

    Screenshot_20171213-101145.jpg
     
    T0rm3nted likes this.
  4. Onepoint272

    Onepoint272 Well-Known Member

    Joined:
    Apr 26, 2016
    Messages:
    1,152
    Likes Received:
    985
    Whoa, I thought you were watching this one! :mad: Oh well, there's always another trade. This one has legs; it should reach for $73.50.....plenty of meat on this bone....But this had a swing high near $32 in 2014 and an all-time high of $34 back in 1999. Wait for a good pull back I think.
    upload_2017-12-13_21-26-23.png
     
    #44 Onepoint272, Dec 13, 2017
    Last edited: Dec 14, 2017
    anotherdevilsadvocate likes this.
  5. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Ive been watching it, but im all tied up... inconvinient timing

    My two positions are doin alright tho, up 10% on BAC and got back in LCI 5% ago
     
  6. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Down 8% today:eek:.... pump n dump for VM??

    Funny, one of my "predictions" in another thread... i was just being satirical, but looks like i wasn't far off

    20171222_103759.jpg
     
    bigbear0083 likes this.
  7. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    15,043
    Likes Received:
    4,724
    holy cow! :eek: you made that post like just a few days ago. nice call haha.
     
    Jrich likes this.
  8. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    I was totally joking around then... but ill take that title... Oracle of North Texas:D
     
    Onepoint272 and bigbear0083 like this.
  9. Onepoint272

    Onepoint272 Well-Known Member

    Joined:
    Apr 26, 2016
    Messages:
    1,152
    Likes Received:
    985
    Dec 19 - market price reaches a high of 33.28 on abut 1.042M shares traded. All-time high back in 1999 was $34.00.

    Dec 21st - According to McMahon's Form 4 filing he converted 3.34M shares of Class A to Class B and then sold them in a block trade at $28.68. The market price closed at 31.87 on 693K shares traded.

    Dec 22nd - Upon the news of the report, the market price plunged to a low of 28.80 and closed at 29.55 on about 2.47M shares traded.

    Those McMahon shares still need to be peddled to the public....at prices above 28.68. Also, the peddler had to step in to support the stock at 28.80...those purchased shares will also need to be peddled.

    EDIT: Or...maybe they don't peddle them to the public, maybe they lock them in a box instead. After all, the trading range that the stock price recently broke out of has enough cause to a effect the price to 73.50. Maybe this was a wonderful way to shake the public out of the stock, so they can re-accumulate more for themselves. I'm thinking if they let it go lower from here, they may be accumulating....but of course they are devious b (_(_) tards, so who can know until they show their hand.
     
    #49 Onepoint272, Dec 23, 2017
    Last edited: Dec 23, 2017
    T0rm3nted and Jrich like this.
  10. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Pulled the trigger today, in @ 30.96... which puts my 5% stop just under the close of the big gap day 29.45

    Clearly enough demand left to keep pushing higher, while two attempts to push lower have failed...... time will tell if its being propped up artificially, but one things for sure, i wont be kicking myself for missing this pull back

    Screenshot_20180105-095212.jpg
     
    T0rm3nted likes this.
  11. Onepoint272

    Onepoint272 Well-Known Member

    Joined:
    Apr 26, 2016
    Messages:
    1,152
    Likes Received:
    985
    Just think, you probably own a portion of the very shares that Vince McMahon once owned and sold to the boiler room at $28.68. :cool: Careful though, your wrestling with the pros on this one. Remember Andy Kaufman's short wrestling career?

    The all time high is at round number $34.00.
     
    Jrich likes this.
  12. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449

    I was a baby in the 80's... but i saw the Jim Carey movie;)

    Was looking last night, VM still owns 32m shares:eek:... that only leaves a true float of about 7m... which, in a round about way, means the recipient of that 3m share block trade owns half the float

    How did Wyckoff put it... "At these junctures it seems as though a feathers weight on either side would determine the immeiate trend. Anyone who can spot these points has much to win and little to lose"
     
    Onepoint272 and T0rm3nted like this.
  13. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    think I figured out why my p&f charts were all jacked up.... the time frame was set on "monthly"... I changed it to "daily"... looks better, but I'm getting a different count.......... am I missing something???

    wwe p&f.png
     
    Onepoint272 likes this.
  14. Onepoint272

    Onepoint272 Well-Known Member

    Joined:
    Apr 26, 2016
    Messages:
    1,152
    Likes Received:
    985
    You are using the closing prices as the "source". I used the High/Low prices as the "source" which results in more reversals and thus more columns. I used to do it both ways and look back at historic consolidations in the same chart to choose which one was more predictive. I have now settled on the H/L setting as I have found it to be more accurate for most charts. I have not tested this chart, so you may be correct. I will leave it to you to test it. Great observation on your part.
     
    Jrich likes this.
  15. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    New 52H today
     

    Attached Files:

    #55 Jrich, Jan 19, 2018
    Last edited by a moderator: Apr 11, 2018
    T0rm3nted likes this.
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,069
    Likes Received:
    1,694
    Looks good, wonder if it will pull back a bit now, near the ATH.
     
  17. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Been waiting a while to post this one!

    Up 8% this morning, new ATH... and i just doubled my position on the sell off Tuesday

    20180208_083501.jpg
     
  18. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    Well that was fun while it lasted

    This market is going haywire... think it needs some WD40 and duct tape

    Screenshot_20180208-161644.jpg
     
    T0rm3nted likes this.
  19. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    780
    Likes Received:
    449
    well, after 3 months, a little dividend, and a 14% gain, I let myself get stopped out of this one.... just not sure about this shakey market, so I took the money and ran:cool:
     
    Onepoint272 likes this.
  20. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,297
    Likes Received:
    1,597
    Better safe than sorry, and congrats on the 14%. Not to shabby.
     
    Jrich likes this.

Share This Page