D&D 5E are you going to buy stock

[jasper]

Since Hasbro has to listen to it shareholders, are you going to buy stock? Are you or you and your friends going to buy enough stock to make a change?

 

[Benjamin Olson]

I already own as much Hasbro stock as I can afford, and am now hoping to unload it whenever I can do so without losing money.

I don't know of an actual case of unhappy retail customers effecting a hostile takeover of a major corporation, so I don't think it's realistic, unless someone around here is secretly a multi-billionaire. But if they are I'll happily vote my single digit number of Hasbro shares to throw the current bums out.

 

[MNblockhead]

No. I invest in stocks as part of an overall retirement strategy. I do all right financially, but not enough to buy sufficient shares to make a difference. And I would have to make A LOT of money to spend a large amount of if just to send a message about open gaming to a large corporation. The best way to support open gaming, even if I had a lot more money to spend, is to contribute to any efforts that arise to establish a non-profit organization that develops, shepherds, and protects a true open gaming license and to purchase from creators who use it.

 

[Staffan]

No, I have all the stock I need for the moment in my fridge.

 

[jgsugden]

You want to reward Hasbro / WotC by driving up their stock price?

 

[Vaalingrade]

That is.... the opposite of how stocks work, which is still somehow at right angles with how they're supposed to work.

TLDR: Buying stock is supporting the company with a financial investment with the intention of being reimbursed from future profits. It also make the company's worth go up--which was the entire point of this debacle. You would be rewarding the scumbag investors that got us here.

 

[Oofta]

Unless you're the person that just won the mega lottery, individual purchases of stock are like trying to change the level of a lake with an eye dropper full of water.

 

[ECMO3]

Since Hasbro has to listen to it shareholders, are you going to buy stock? Are you or you and your friends going to buy enough stock to make a change?

If you really want to make a difference and you have enough money short Hasbro.

Hasbro has a $9B market cap, so a Billion dollar investment should do it easily. Less if the increase in volume manages to cause a market stampede. Just be aware this kind of thing can land you in jail.

 

[Clint_L]

You want to reward Hasbro / WotC by driving up their stock price?

That was my first thought, too. Honestly, some of these threads...

 

[Stormonu]

If you have enough money to change Hasbro's course by holding stock, that would be money better invested in starting your own company and simply producing what you want in the first place instead.

Bonus points if your company gets big and successful enough to take over WotC/Hasbro.

 

[Umbran]

I expect we have more leverage as disgruntled customers than we do as stockholders.

 

[M_Natas]

Would be better to try shorting the stock ...

 

[gamerprinter]

I only do stock options (calls and puts) temporary contracts usually less than a year to expiration, which is more like gambling than typical stock purchases, which is gambling too. While some stocks are still earning income, energy companies and fertilizer companies, most of the stock market is screwed for 2023, so I avoid buying any stock from any company. I have physical gold. Now once I achieve my financial goals with my current IRAs, I will be buying dividend paying stocks only, about 20 of them, most of them REITs (real estate investment trusts). Otherwise I'm not a stock buyer, rather a stock options gambler...

 

[jasper]

No, I have all the stock I need for the moment in my fridge.

Beef Stock, Chicken Stock, Veggie Stock, Orc stock, Halfling stock, I has to know!

 

[jasper]

You want to reward Hasbro / WotC by driving up their stock price?

No.... There is something called VOTING SHARES. You buy enough of those and get your friends to buy those, then you can at least get into the conference call. Buy enough you can try to vote yourself on to the board.

 

[Scribe]

I certainly dont have the cash to buy enough stock to make change happen lol.

 

[jgsugden]

No.... There is something called VOTING SHARES. You buy enough of those and get your friends to buy those, then you can at least get into the conference call. Buy enough you can try to vote yourself on to the board.

The number of shares - and the total cost for those shares - are not realistic. And even if you could buy that many shares - you would be driving up the stock price with that much purchasing in a short period of time.

Hasbro has about 140 Million shares outstanding. Current share price is $66 - down about a third from the start of last year.

They have a market cap of over $9 Billion dollars. How much money do you think this type of effort would require to make a meaningful impact? I'm not talking about being a crackpot at the shareholder meeting - I'm talking about representing enough of the company to get attention.

Frosthaven generated $13 Million on Kickstarter. We'd need to get hundreds of millions to even get a blip on the radar here ... and if people buy into this plan, what are they getting out of it as a return? There is a good chance in this economy that anyone that buys Hasbro stock right now is going to see it devalued over the next year. Anyone buying into this scheme is likely throwing money away.

The good news for the people currently holding the stock is that this would 'artifically' inflate it and give them a chance to get a bump up.

 

[aco175]

I expect we have more leverage as disgruntled customers than we do as stockholders.

But as stockholders we can sit around with top hats and smoke cigars like that guy from Monopoly.

 

[MichaelSomething]

I've been suggesting such an action for awhile!!

 

[Staffan]

Beef Stock, Chicken Stock, Veggie Stock, Orc stock, Halfling stock, I has to know!

Yes.