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Antacular

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Everything posted by Antacular

  1. "Antacular shot down everything I said because I'm too much of a McMahon sycophant to realize how bad WWE management is, rather than rationally look at the situation and think independently for myself. So instead of thanking the guy for taking time to explain how the company is bleeding cash, why it's overvalued, or what that investment firm was actually doing since I apparently don't know what it means to "go short," I'll just call the guy who's left of Lenin a fatcat banker becuz WWE RULZ." I'd send you a postcard but my ivory tower only staffs stylus' for our iPads.
  2. But that's general breach of contract shit, it's not anti-trust. There's no morality clause in a players contract that says they can refuse to fufill the terms of the contract should team owner be exposed as a racist. It's been a while since I read Ol' Sherman, but I assume the anti-trust argument would sound something like "NBA is the only profitable basketball league, expelling Mr. Sterling would deprive him of the ability to make a living" or something along those lines.
  3. People hate Wanted??? This is news to me. Also: it was a comic?
  4. AND PEOPLE SAY THE MARKETZ AREN'T EFFICIENT.
  5. WTF? Why? Why the fuck would you need to troll out Antacular on this?Because this is exactly what I said would happen? Um, no. First off, these guys shorted WWE stock at $30ish, and went long at $11, which means they bet on it to fall from $30 until now, thus they've made around 60% return in just a few months. This isn't a case of an angry investor who's lost money demanding changes, it's a case of an investor who see's a poorly run company (which it is), and the potential value should things change (which they won't, since McMahon's own the voting stock).Second, it was WWE management (both Vince and the CFO) who were saying they expected to get "NASCAR-like money" for their new TV deal, which would put it around the $700-900M mark, more than quadrupling their previous deal, which was around $130M-ish. Vince said something to the extent that you could "guaranfuckingtee" it, or in similar vein. And what happens? They get an increase of roughly 33%. Not 100%. Not 200%. Not 300%. 33% (which IIRC is almost the exact number I predicted). Of course it's impossible to lie about an event that hasn't happened yet, but they HAD to know they weren't going to get NASCAR money. But rather than temper investor expectations, management just added fuel to the fire. $31! $31! And obviously with the network numbers, they were off by 30% (again, I said they wouldn't hit the target). That's not missing it by a few thousand, they missed it by a few HUNDRED THOUSAND. Now, whether in the long run the network becomes profitable is up in the air (IMHO once they expand internationally and get some economies of scale going, it should be), but the fact is that what they said turned out to be markedly different from reality. Also, investors didn't "put money in WWEs pockets" by bidding up the price. A company only receives cash when the initial stock is offered (IPO), the cash on the balance sheet doesn't change regardless if the stock price is tumbling or soaring, unless they issue more stock at the current price, which would dilute existing owners, which would force the price down. But if WWEs price were to open at $150 a share on Monday, the company would have the exact same amount of cash regardless if it opened at $1.50. This has nothing to do with "not knowing how the wrestling industry operates." WWE has had a virtual monopoly on the North American wrestling market since 2001, and since 2004 (which is the furthest my data goes back), their profit margin was dwindled from 12% (healthy if unremarkable) to under 3%, which is abyssmal when you're the entire fucking industry. The McMahon's basically pay themselves via diviends, which since 2006, anywhere from as low as 131% to as high as 1,301%. A healthy dividend payout is typically around 30-60% of net income. If dividends aren't paid out from net income, they're paid out from the cash on the balance sheet. So for the better part of a decade, the McMahon's have been draining the company's cash balance, have a stock price that has remained stagnant sans these last 4 months, and a steadily declining profit margin. From a financial standpoint, it's a terribly run company.
  6. Yes, because a giant, radioactive breathing lizards biggest threat should be caterpillars. BEWARE THE SILK~~ Best sequel is by far and away Ghidorah.
  7. Are you not aware of the pace at which our judiciary system moves? Less than a year is considered light speed in American jurisprudence.
  8. Mothra fucking sucks. Someone had to say it.
  9. Fowler is once again right on the money. Just like A-Rod and MLB, NBA owners sign on to arbitration when they join the league, which include mandatory arbitration clause. IIRC, NBA constitution gives the commish the ability to "enforce the integrity of the league" or to similiar lanaguage, which essentially gives him carte blanche to do whatever the fuck he wants. Courts are loathe to interfere with arbitration agreements unless there's a constitutional issue at stake (which there isn't). The only thing that will hold this up is the divorce proceeds in family court, and even that will only hold it up, not alter the ultimate outcome in the slightest.
  10. Plz check Box Office thread thxn.
  11. "Executive Producer McG" maybe the most dredded words in Hollywood after "A Michael Bay Film."
  12. The fact that the 1954 theme doesn't make an appearance is a severe letdown. SEVERE.
  13. The third act is where Mr. Burr REALLY shines, watch yo mouth.
  14. It's been years since I saw the '54 version, but that build up to the reveal was rather slow in that one too, with the mountaintop scene occurring, what, an hour into it?
  15. http://www.businesswire.com/multimedia/home/20140515006611/en/#.U3Vjc5XQcdV Their public spin is that, including key market overseas deals, they're looking at $200M/year now, up from the $160M in the last year of their previous deals and up $90M from the first years of the previously negotiated deals. The stock, meanwhile, is taking a decent hit in after-hours movement given how it's not really close to what WWE had been pushing. Network miss anticipated numbers? Check. TV deal not even close to what they were pushing for months? Check. Stock plummets over 50% in a matter of weeks? Check. Man, I should really do this "stock" stuff for a living.
  16. UNLESS IT INVOLVES ACCIDENTIAL ARTIFICIAL INSEMINATION, WE'RE NOT INTERESTED.
  17. She's told not to have sex unless it's for procreation, procreates without sex yet still refuses to engage in sex after said procreation. /sociallyakwardpenguinmeme
  18. I like how it's not even that she's in her early 20s and just hasn't found a guy she's comfortable enough to be intimate with, but considers her virginity needing "protection at all costs." For the SEMENIAL doctor scene, she better be wearing a chasity padlock a la Robin Hood: Men in Tights just so it's completely over the top.
  19. I HOPE PABLO PRIGIONI AT LEAST GETS A FREE TOASTER WHEN HE OPENS A LINE OF CREDIT AT WADEBANK~~
  20. Yeah, I was so discouraged by First Class's original promotions that I didn't even see it until HBO, just to be a completist. Was very pleasently surprised to say the least.
  21. Oh trust me, they don't want any flamers either.
  22. So you've been to the Hanna-Barbera compound. Sadly, I've seen all (13?) of the 79 Godzilla series. They were on in the afternoons during mid 1990s from time to time. These were dark times.
  23. They never addressed the central equal protection issue directly (Carolene Products Footnote #4 I'm looking at YOU). Which means it will inevitably come back to SCOTUS unless Congress enacts legislation similar to 1964. And even then...
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