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are you going to buy stock
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<blockquote data-quote="jgsugden" data-source="post: 8901252" data-attributes="member: 2629"><p>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. </p><p></p><p>Hasbro has about 140 Million shares outstanding. Current share price is $66 - down about a third from the start of last year. </p><p></p><p>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.</p><p></p><p>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. </p><p></p><p>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.</p></blockquote><p></p>
[QUOTE="jgsugden, post: 8901252, member: 2629"] 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. [/QUOTE]
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