>– PWInsider reports that several WWE executives sold stock in the company on July 22 according to recent SEC filings. The company is set to report their 2019 second quarter financials tomomorrow.
>Vince McMahon sold 12627 shares for $70.23.
>George Barrios sold 139175 shares for between $69.46 to $70.62.
They expect the stocks to PLUMMET tomorrow so they're selling their shares before it's too late.
Justin Brown
Fox is gonna pull out. WWE is fucked.
Christopher Mitchell
Well selling shares is a good way to make your company stock fall even further
Jordan Perry
They are all fucking each other on a big pile of money now with Kevin Dunn directing
Isaac Evans
Isn’t this illegal?
Jordan Williams
WWE is scummy and will probably get away with anything
Jayden Harris
why didn't shane sell? will he be majority owner and save the fed from the brink of collapse
William Cooper
I don’t think Shane owns any stock.
Luis Bailey
mmmmm insider trading wouldn't want to get caught doing that
Colton Mitchell
Basically, they expect stocks to plummet tomorrow so they're getting as much money out of it as they possibly can while still maintaining some form of control of the company. WWE is essentially preparing for disaster tomorrow and they're well aware they'll have to give out some very disappointing news and figures tomorrow.
Asher Lee
>The reunion really was a "series finale" Huh.
Also what happened to Vince's XFL2 boogaloo?
Austin Ramirez
The rich became richer
Nicholas Russell
>Bring in Hogan >Company dies
Like clockwork.
Lincoln Gutierrez
>according to recent SEC filings
Alexander Moore
Should be bad news tommorow. I think the Network numbers might be pretty brutal.
Josiah Russell
He has fuck all, he sold all of his a decade ago to invest in China, then he lost all of his money and had to be bailed out by his mommy so he now he has to work as a wrestler again taking bumps like a fucking retard.
Jack Harris
I N S I D E R T R A D I N G
usually when big-money stockholders do this, it's for a very good reason... which is why it is illegal.
It's illegal to not disclose insider trading, but WWE did give notice and filled the appropriate paperwork.
Nicholas Johnson
that doesn't show all of his stock, according to that he has less dunn, steph, and a couple others
Luke Bennett
Fucking retard
Nathan Lopez
A trivial thing that fans shouldn't concern themselves with.
Oliver Cooper
how the fuck is this not bigger news? lmao they're selling all their stock (illegally btw, inside trading) because they know the company is about to crash... this is literally undeniable evidence that wwe is about to fucking die
I bought all9 the stocks they sold. Soon I will own the WWE.
Carter Edwards
Ask yourself why major stockholders chose this moment to sell off and not selling off while the stock was still high but the ticket sales and ratings were at record lows.
It's because they have already talked to their accountants, told them all the news to be revealed, and were advised to sell right away before the news gets out to the public. This is the definition of insider trading, and it will probably get these guys majorly fucked.
Tomorrow is their quarterly finance report. All of the WWE executives sold a huge amount of shares before the report. This implies that their report isn't going to be all that good. They did it legally, so they knew for a while.
WWE's stock was insanely inflated over the TV deals, but creatively, they're at their worst, and they've lost money in every avenue other than TV deals. I don't know if Fox has an opt-out, but they've been increasingly annoyed with WWE. Fox is famous for canceling shit that isn't working.
Jordan Jackson
>I don't know if Fox has an opt-out They do, and WWE has to make ratings quotas of around 3.0 even when they make TV
Just a standard dump. Sell now then buy back when the stocks fall to a cheaper price.
Josiah Davis
>George Barrios sold 139175 shares for between $69.46 to $70.62. >$9,000,000 This guy is abandoning ship lmao
Lincoln Cook
why tf is this illegal, like so what?
Ayden Ross
You're manipulating money and unless youre in the .00000001% you going to get buttfucked in jail
Bentley Gonzalez
Imagine if WWE bookers were betting on their own fight outcomes or who comes out last in the Rumble. That's the same thing that insider trading is.
Aiden Long
>and it will probably get these guys majorly fucked. Inshallah
James Rivera
Lock all these fucking carnies away along with Lynda and Drumpf
Aiden Robinson
>insider trading People are saying this as if it’s not universally known that Monday is going to be a high point probably for the entire year for them, unless they can really turn WM around
Xavier Butler
Isn't this insider trading, as in, illegal and shady as fuck?
Jason Gutierrez
Who would have known scooping up talent with lucrative contracts and not monetising them is a bad business decision
Logan Jackson
The funniest thing is that WWE tried their hardest to fuck over the indies by signing everyone and it still didn't stop AEW from existing
Brandon Perez
These sales are scheduled months in advance and are usually stock options being sold at the earliest possible date. This has no bearing on the Q2 expectations. The stock is up today despite this news.
Alexander Barnes
based retard user
Andrew Adams
Based big brain Barrios escaping the Titanic before it's too late
Cooper Carter
anyone know any stock websites you can chat on for live trading without having to sign up? i remember on /pol/ a few years ago we helped crash the Chinese stock market by shitposting and fear mongering to traders. You could see it fall more as the threads were created, which may have been a coincidence but still was funny
