$WWE Wrestling With The Idea of Going Long?

Investors buying $WWE this year have seen the value of their purchases get body slammed.  The stock is down almost 50% since hitting fresh highs.  While the "Tech Wreck of 2014" has taken many tech stocks lower, $WWE has been the recipient of a nasty 'camel clutch'.  


The rally since the start of 2014, that saw the stock more than double, likely had investors succumb to the "sleeper hold".    The recent sell-off has them feeling like they were smacked in the head with a heavy metal folding chair.  Those who didn't sell near the recent highs are eating corner post fluff.

corner post


$WWE has been tag teamed the last few weeks - Wrestlemania is over and investor sentiment in high flyers is waning.




It could get more ugly before the stock finds support at $15.


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

More Posts by UPB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

Leave a Reply