Nikodemos
10月前
I shorted this with the Vince McMahon choreography leading into his stepping down.
Long term I LOVE this stock. As a long-standing Jui-Jitsu practitioner the sport is physical-chess in real-time/action & the MMA version is simply EXPLODING globally with their International Performance Institutes being built world-wide (Mexico, etc., with many more coming as we speak): TKO has the making of a LONG TERM Buy & Hold. At least FOR ME! Everyone to do as their finances, goals, financial objectives, needs, timeline, etc., dictate!
I'm back ACCUMULATING & feeling fortunate to have gotten sub-$75 shares (to GO LONG ON) after REPORTING (HERE on this very board) to covering my short position in the $74 to $77 range.... Anyone can CHECK my posting history & verify!
The timing was PERFECT & I expect these shares to provide A TON of upside as Dana builds this thing out. The women's side of MMA is EXPLODING. Just step into ANY dojo & see for yourself. MMA is a wonderful (albeit brutal, ESPECIALLY as one gets older -- if they don't follow certain RULES & work with thoughtful training partners) SPORT with life-long benefits to mind & body!!
I have my Mom, wife, kids, EVERYONE in my family is on-board & has been training (cousins, nephews, nieces, etc.) & go 5x/wk..
If you've never tried it... You should! My best friends Mom just started (in her mid-70's) & after 6mos she looks 20yrs younger! No joke! Love it. Was waiting A LONG TIME for this investment opportunity... But even though I was LONG the sport, etc., Vince shenanigans were NOT going to fly with insiders I had been checking in with.... The REAL Jui-Jitsu community, coaches, etc., is a SMALL TIGHT KNIT group... But the art is expanding daily. And Dana is going to take this to long-term heights. Check in by 2030 & we'll see if I was RIGHT or wrong!! Already GREEN BIGGLY on the short & on my BUYS since closing out my short position!
Now just continue to accumulate, patiently BUY the dips & watch my money GROW along with the sport!
$TKO
...
PS: When I was on the East Coast I used to go to Maxfit (Philly), then owned & run by Professor Steve Maxwell... Only Jui-Jitsu place (at the time that EXISTED) & it was a brutally-long drive, brutal training, etc.. (early in the morning; while it was still dark early). Steve Maxwell is highly-regarded, still teaches, & travels THE WORLD teaching fitness & BJJ skills TO THIS DAY! And he's in NUMEROUS NY Times Bestselling books BY NAME!! Long association with BJJ/MMA & so I'm glad to be accumulating this. I see it as a long-term winner! Do your own DD, etc.. folks... Just saying!
Nikodemos
1年前
LMMAO!! Nah, we have to see what this is. Mixed signals atm. Doji from yesterday says she wants to reverse, but I don't think so. I think she'll test $83 & could head into the $70's test which is what I predicted & expected from ~$105 when the NEWS came out about the layoffs & cutting back staff. Which was REALLY a smokescreen trying to hide the insider/McMahon tiff!
I feel VERY CONFIDENT he's selling, printing & banking!
If $83 breaches I'll INCREASE my position & see if it accelerates... If it does not, I'll bounce.
Still in the money, GREEN on my trade & puts so...it's ALL GOOD!
Nikodemos
1年前
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
..
.
Nikodemos
1年前
ENDEAVOR (EDR) you mean, the parent? The dividend is A TOKEN -- just to say they have one. Make it appear enticing to the Institutions, I presume! Although you have to be pretty PISS POOR at your job to NOT read the fine print &* see that the divi is only a token & totally insignificant to SHAREHOLDERS since MOST of that money is going to preferred "bonuses" etc..
REGARDLESS, I've been nibbling back my position BECAUSE although I believe a TEST of $80 is likely & want to grab $7x's, I see value & don't want to miss it if it RIPS!!
Wall St & the stock market tend to have a short memory after these knee-jerk reactions... But STILL I suspect this will go LOWER, eventually.
And yet, I'm NOT willing to be out... If it drops to where I think it will -- I have PLENTY OF FIREPOWER to PLOUGH into this! And will...
https://www.nyse.com/quote/XNYS:EDR
Nikodemos
1年前
As I said yesterday -- I DID NOT like the layoffs. Usually this is a good sign for SHAREHOLDERS because the prevailing wisdom has always been lowered costs, a temp increase in efficiency, greater profits (short term) & capital preservation but...
So TONE DEAF!! So I TOOK MY EXIT & SHORTED this...
I get that they'll pick up labor FAR MORE cheaply, in Mexico for example...
& I LOVE that (from the pov of a long-term shareholders) but the PI & business, including the NEXT FIGHT down there... Isn't coming anytime (SOON ENOUGH)
We could see this hit the $70's or lower... Setting my SIGHTS LOWER -- Sold $105's++ & I WAS in BIGGLY!!
Too bad... BOTH the WWE & UFC have been kicking ass but... This was a misstep imv, & I think some dumping will ensue. It's not so much that its a lot of jobs, that would have a TREMENDOUS impact to the bottom-line - but rather the message...