Would you buy stock in the Blazers?

Discussion in 'Portland Trail Blazers' started by SlyPokerDog, Jul 31, 2012.

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  1. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    I see today that Manchester United has filed an IPO.
    LONDON — Manchester United launched its New York Stock Exchange listing on Monday, hoping to raise around $330 million by selling 10 percent of the Premier League club.

    The record 19-time English champions said in a filing to the Security and Exchange Commission about 16.7 million shares will be offered at a cost of between $16 and $20.

    United is looking to raise funds to help reduce debt from the Glazer family's 2005 takeover, rated at $663 million as of March 31.

    The Glazers will retain control of the club through its ownership of Class B shares, which will have 10 times the voting power of the stock sold to the public.

    The club was listed on the London Stock Exchange from 1991 until the Glazers completed a leveraged buyout valued at $1.47 billion in June 2005.

    ​
    If Paul Allen were to put up 10% of the team for sale (not even sure the NBA would allow it but if they did) would you buy stock?
     
    SlyPokerDog, Jul 31, 2012
    #1
  2. Natebishop3

    Natebishop3 Don't tread on me!

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    Nope.

    Not until the team is run by someone with some actual business sense.
     
    Natebishop3, Jul 31, 2012
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  3. Nikolokolus

    Nikolokolus There's always next year

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    Sure. I "own" part of the Packers, so why not "own" part of another team.

    (FYI, it's only worth it as long as we get to go sit in meaningless stockholder meetings and get access to special "owner" swag)
     
    Nikolokolus, Jul 31, 2012
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  4. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    So you would view buying the stock as an investment?
     
    SlyPokerDog, Jul 31, 2012
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  5. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    No. The Blazers aren't really built to make money AND be competitive
     
    Mediocre Man, Jul 31, 2012
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  6. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Shareholder meetings on PA's yacht would be fucking awesome!
     
    SlyPokerDog, Jul 31, 2012
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  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Fuck yeah.
     
    EL PRESIDENTE, Jul 31, 2012
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  8. tlongII

    tlongII Legendary Poster

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    I would. But not for investment purposes.
     
    tlongII, Jul 31, 2012
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  9. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    yeah, i'd do what i need to do to get a certificate and then frame that motherfucker.
     
    EL PRESIDENTE, Jul 31, 2012
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  10. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    This.
     
    SlyPokerDog, Jul 31, 2012
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  11. Natebishop3

    Natebishop3 Don't tread on me!

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    Regardless of whether it's viewed as an investment, you're still investing money in a crappy organization.
     
    Natebishop3, Jul 31, 2012
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  12. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    That's all I'd want, too... and the yearly investor's packet you get every year.
     
    BlazerCaravan, Aug 1, 2012
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  13. illmatic99

    illmatic99 formerly yuyuza1

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    My emotional investment is enough. Don't need to add my money into this.
     
    illmatic99, Aug 1, 2012
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  14. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    So... no Comcast, game tickets, merchandise of any kind?

    That's all shares would really be... merchandise.
     
    BlazerCaravan, Aug 1, 2012
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  15. illmatic99

    illmatic99 formerly yuyuza1

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    Don't have cable. I suppose the five tickets I bought over the last few years count-- and I haven't bought any merchandise in the recent years. hahaha
     
    illmatic99, Aug 1, 2012
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  16. blazerboy30

    blazerboy30 Well-Known Member

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    Why else would you buy stock?
     
    blazerboy30, Aug 1, 2012
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  17. mgb

    mgb Over-Nite Sensation

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    Hell ya! Be really able to score with the babes if I was part owner of the Blazers! :)
     
    mgb, Aug 1, 2012
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  18. drexlersdad

    drexlersdad SABAS

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    not sure how these manchester united "stocks" work, but packer shares are non-transferable, and earn no dividends ever as far as i know, they are a souvenir

    if they were treated like an actual stock then that would be much more interesting
     
    Last edited: Aug 1, 2012
    drexlersdad, Aug 1, 2012
    #18
  19. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Filed with the SEC and listed on the NYSE I would guess that they are an actual stock.
     
    SlyPokerDog, Aug 1, 2012
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  20. GoBlazersGo

    GoBlazersGo Well-Known Member

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    Damn! I knew ManU was worth a lot of cash, but I never would've guessed that they were worth $3.3 BILLION! :sherlock:
     
    GoBlazersGo, Aug 1, 2012
    #20
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