>>11971142It depends when you're looking to cash out. If you're after a quick buck then turn a card on Vegas because that's gambling too and its less complicated.
If you want a medium term investment then it's an option. The stock has been overpriced due to the merger hype and has corrected round about where it should do taling the SD TV rights projection miss into account.
However, we've yet to see the numbers behind the synergies that the merger will bring and we can presume that Raw will do well. There's about 5 or so major TV properties coming up in the next few years and TKO have 3 of them. Really if you're investing medium term then it's still a gamble but one with some data behind it. You're betting that the US TV rights market will stay strong - the new AEW deal will give you a pointer on where that is going.
If you're looking for a long term investment then TKO looks like it will become a blue chip stock and you'd easily double your money on a 5 to 10 year scale. Which is great but if you're only investing a few thousand dollars then there's much better things that you should be looking at.
TKO is great 401k bait. Wouldn't go for it in the shirt to medium term however as there's too much uncertainty around the new rights deals that it could go either way.
