Rookie posted this in another thread but I believe it warrants its own thread.
http://blogs.marketwatch.com/thetell/201...Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.09% , has already lost more money in market capitalization than the cost of Lin’s contract.The 64-cent drop in MSG stock equates to a market capitalization loss of about $49 million.
Bonn1997 wrote:Rookie posted this in another thread but I believe it warrants its own thread.
http://blogs.marketwatch.com/thetell/201...Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.09% , has already lost more money in market capitalization than the cost of Lin’s contract.The 64-cent drop in MSG stock equates to a market capitalization loss of about $49 million.
That is so damn silly - you should be ashamed!! Have you been following the market? I have 3 companies in my portfolio that lost 1.6 pct for no reason other than market trends and those companies have nothing to do with JLin!!!!!!!!!!!!!!!!!
MAN!! THE HUMANITY!!
mrKnickShot wrote:Bonn1997 wrote:Rookie posted this in another thread but I believe it warrants its own thread.
http://blogs.marketwatch.com/thetell/201...Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.09% , has already lost more money in market capitalization than the cost of Lin’s contract.The 64-cent drop in MSG stock equates to a market capitalization loss of about $49 million.
That is so damn silly - you should be ashamed!! Have you been following the market? I have 3 companies in my portfolio that lost 1.6 pct for no reason other than market trends and those companies have nothing to do with JLin!!!!!!!!!!!!!!!!!
MAN!! THE HUMANITY!!
I never claimed to know much about investing (and you may not either if you're doing that much worse than the market!). I just posted another guy's article.
Because stocks dont move up and down every day. It never happens a Stock goes from 36.59 to 36.00 a share.Disney went down .36 cents today was that because of Lin 2. Down Jones is down 27 points today is that because of Lin
Bonn1997 wrote:mrKnickShot wrote:Bonn1997 wrote:Rookie posted this in another thread but I believe it warrants its own thread.
http://blogs.marketwatch.com/thetell/201...Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.09% , has already lost more money in market capitalization than the cost of Lin’s contract.The 64-cent drop in MSG stock equates to a market capitalization loss of about $49 million.
That is so damn silly - you should be ashamed!! Have you been following the market? I have 3 companies in my portfolio that lost 1.6 pct for no reason other than market trends and those companies have nothing to do with JLin!!!!!!!!!!!!!!!!!
MAN!! THE HUMANITY!!
I never claimed to know much about investing (and you may not either if you're doing that much worse than the market!). I just posted another guy's article.
Much worse than what market?
You are right - you really don't know much about investing.
You should before you post other articles that make no sense.
mrKnickShot wrote:Bonn1997 wrote:mrKnickShot wrote:Bonn1997 wrote:Rookie posted this in another thread but I believe it warrants its own thread.
http://blogs.marketwatch.com/thetell/201...Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.09% , has already lost more money in market capitalization than the cost of Lin’s contract.The 64-cent drop in MSG stock equates to a market capitalization loss of about $49 million.
That is so damn silly - you should be ashamed!! Have you been following the market? I have 3 companies in my portfolio that lost 1.6 pct for no reason other than market trends and those companies have nothing to do with JLin!!!!!!!!!!!!!!!!!
MAN!! THE HUMANITY!!
I never claimed to know much about investing (and you may not either if you're doing that much worse than the market!). I just posted another guy's article.
Much worse than what market?
You are right - you really don't know much about investing.
You should before you post other articles that make no sense.
Well your 3 companies went down almost four times as much as the Dow did in percentage points. That sounds much worse.
I've owned the stock right after Linsanity. People definitely sold off because there's a chance the Knicks aren't resigning Lin. I'm looking to sell too but waiting for the dust to settle a bit. The most popular player on the team leaving is huge news and does have an impact on the company's stock price, you'd have to be a complete moron not to realize that.
MSG Stock has ranged from 21 to 39 a share in the last 52 weeks . This article may be the dumbest thing Ive ever seen
MSG Stock has ranged from 21 to 39 a share in the last 52 weeks . This article may be the dumbest thing Ive ever seen
You dont think knicks stock drops losing lin?
Bonn1997 wrote:mrKnickShot wrote:Bonn1997 wrote:mrKnickShot wrote:Bonn1997 wrote:Rookie posted this in another thread but I believe it warrants its own thread.
http://blogs.marketwatch.com/thetell/201...Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.09% , has already lost more money in market capitalization than the cost of Lin’s contract.The 64-cent drop in MSG stock equates to a market capitalization loss of about $49 million.
That is so damn silly - you should be ashamed!! Have you been following the market? I have 3 companies in my portfolio that lost 1.6 pct for no reason other than market trends and those companies have nothing to do with JLin!!!!!!!!!!!!!!!!!
MAN!! THE HUMANITY!!
I never claimed to know much about investing (and you may not either if you're doing that much worse than the market!). I just posted another guy's article.
Much worse than what market?
You are right - you really don't know much about investing.
You should before you post other articles that make no sense.
Well your 3 companies went down almost four times as much as the Dow did in percentage points. That sounds much worse.
Who says they are DOW stocks, Genius? Stick to Psych
those 3 stocks are up 40 pct for the year but who is counting - maybe they bought futures in MSG during Linsanity and sold off before the trade talk
hahahhahahaha
gunsnewing wrote:You dont think knicks stock drops losing lin?
I hope it drops so I can buy it low, before Kidd and Camby bring us a championship...and Lin flops in Houston....
gunsnewing wrote:You dont think knicks stock drops losing lin?
Maybe, maybe not. I would need a lot more to base that on than a dumb article.
Why did dolan force the melo trade. To sell season tickets and raise prices and renovate the garden. Players bring in money
gunsnewing wrote:You dont think knicks stock drops losing lin?
MSG Stock which includes a wide variety of things not just the Knicks.Short term yes long term No
blkexec wrote:gunsnewing wrote:You dont think knicks stock drops losing lin?
I hope it drops so I can buy it low, before Kidd and Camby bring us a championship...and Lin flops in Houston....
Linning post!!!!!!!!
Jmpasq wrote:gunsnewing wrote:You dont think knicks stock drops losing lin?
MSG Stock which includes a wide variety of things not just the Knicks.Short term yes long term No
I hope MSG Stock includes Slim Fast. Stock could receive a little bump when Felton moves to town.
actually, i think MSG closed at -0.59 (-1.61%) today. whatever that means, i'll leave that up to you *cough* experts
Rookie wrote:actually, i think MSG closed at -0.59 (-1.61%) today. whatever that means, i'll leave that up to you *cough* experts
the article mentions a 60 cent drop in stock price. it closed at 59 cents down.
let's see what happens when they officially don't match. i'm guessing something in the ballpark of 5% over the week.
Rookie wrote:actually, i think MSG closed at -0.59 (-1.61%) today. whatever that means, i'll leave that up to you *cough* experts
So they did at least 3 times as bad as the market? I'm sure it's just a coincidence.
