I own close to 4% of the WWE XD

[Trill Co$by]

Just thought I'd let you know that I made my first ever investment not to long ago and now I officially own about 4% of the pro-wrestling Juggernaut that is the WWE.

If only that entitled me to have a say in what happens with the product

 

[Hawkeye]

I want to invest in them! How do you do it?

 

[Trill Co$by]

I followed a link on http://corporate.wwe.com that allowed me to purchase my shares.

 

[Wolfdemon]

If I were to buy a share and stream PPV's would that be legal since I own a part of the company

 

[Remix]

No.

 

[Wolfdemon]

I also severely doubt that you own 4% of the company. Their income alone for the year was over 100 million plus the money that they already have is outrageous. If you really have that much money then why the hell are you on here?

 

[Next Jericho]

How much did pay for one share?

 

[Remix]

Stock Quote $ 14.03

off the corporate website

 

[Super Hans]

I bet its 4 shares he has.

 

[Daniel]

I'm thinking bullshit. How many shares are there in WWE? If you know the number and price of shares you can tell whether he is bullshitting. 4% is quite a lot.

 

[Remix]

you invested $130,000 in WWE? Yeah, I'm going to go ahead and assume you failed maths at school.

 

[Daniel]

I have no idea. It's in the millions though. I can't find the exact figure. He may well have 4 shares.

 

[Remix]

Well if the volume is the number of shares available, then to have 4% of the company he'd have to invest a bit over 130K. Unlikely at best.

 

[J-Dogg]

How does a 16 year old have 130,000 dollars, did you some how rob a drug ring of their cocaine? Because i doubt you did that so you really failed in maths.

 

[Remix]

And wouldn't that 130K be better invested in, I don't know a deposit on a house?

You fail maths and common sence.

 

[J-Dogg]

And wouldn't that 130K be better invested in, I don't know a deposit on a house?

You fail maths and common sence.

Investing in a house is better than investing in a company that can do with out your 130k when it can make 10 times that much from an entire tour of a country.

 

[The Doctor]

SHAREHOLDERS!!!!!!

Spoiler

 

[The Raven's Epitaph]

You might own 0.4% of WWE, or you might just own 4 shares. 1 share doesn't count as 1%.

Think you botched up with your Mathematics there abit buddy. Like Remixie said, you'd have to invest just abit more than $130,000 to own 4%.

I'd re-calculate if I were you. As soon as I saw the title of the thread, I knew it was a mistake.

 

[Y-2-Jay]

SHAREHOLDERS!!!!!!

Spoiler

 

[DangerousDave]

If you look at the market value of all WWE stock it is $385,000,000, 4% of the stock would be $15,400,000. You are one rich 19 year old.

 

[ScreaminNormanSmiley]

you invested $130,000 in WWE? Yeah, I'm going to go ahead and assume you failed maths at school.

If you think that is enough to own 4 percent of the wwe I am going to assume you failed at math too.

 

[HBK-aholic]

This thread just screams fail so many times.

 

[Mighty NorCal]

This thread just screams fail so many times.

A GIRL just said this to you all. A girl.

 

[The Crock]

A GIRL just said this to you all. A girl.

You mean one of those things that cooks, cleans, and pumps out babies? Yes... A GIRL.

 

[Remix]

If you think that is enough to own 4 percent of the wwe I am going to assume you failed at math too.

Nope. Just ecconomics. My maths is sound. I took the price per share ($14.03), had no idea how many there are, assumed that the Volume (232,172) was the number of shares. 0.04 (4%) multiplied by 232,172 = 9286.88 shares. 9286.88 multiplied by 14.03 = $130,294.93

My maths is right, but I've probably vastly underestimated the number of shares available.