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WWE Takes A Dive – Chart

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

Another lovely morning in portfolio-land. Just to pluck one of my zillions of shorts as an example, here is the ever-so-classy, only-meant-for-intellectuals World Wrestling Entertainment:

Liquidity moves markets!

Follow the money. Find the profits! 

I’m not here to suggest that anyone who would go to one of these laughable wastes-of-time is a mindless, blithering simpleton. That’s not what Slope is about. This is about charts. And what my chart tells me is that this thing has one hell of a long way to go. I’m sure the attendees at these events are fine, fine people. I just want the equity to collapse, that’s all.

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