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Hasbro Double Downgraded by Bank of America.
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<blockquote data-quote="Art Waring" data-source="post: 8830099" data-attributes="member: 7037141"><p>I don't think they could stop the next year of production even if they wanted to, with their overloaded releases already locked in, and all those signed contracts to third parties to release 3rd party licensed products.</p><p></p><p>What's also concerning is the fact that the stock market, banks, major news outlets, and the internet are all fully aware of the situation (and many players, store owners, and collectors are angry and have been for years), and wotc has been completely silent on this issue.</p><p></p><p>Heads literally buried in the sand.</p><p></p><p>If you look at the wotc youtube video for the 30th anniversary set, it has over 5 thousand dislikes and less than 500 likes. The video above posted by Scribe is actually a re-release of the original video because the live comments section was so angry that they had to reupload it to cut out the comments it and it still got thousands of dislikes.</p><p></p><p>30th anniversary edition comes out in two weeks, and its sad that despite all the news coverage, their newly printed proxies will probably sell out anyway. Wizards always does test runs, and when they are a success, they do it again and again until its milked dry.</p><p></p><p>Rudy says in this video that this is a definitive moment in mtg history, whatever happens after the 30th anniversary release, for better or worse, things will never be the same. If it is a success, they will have no doubts about reprinting anything they want. Nevermind that a <u>proxy mox pearl</u> that just came out of a pack almost sold for $3000, <em>the same cost for a 30 year old vintage Unlimited Mox pearl</em>. It will likely crash the collectors market just like baseball cards when they went into overproducing, now they (baseball cards) are worthless.</p><p></p><p>[MEDIA=youtube]VShoeckRH9c[/MEDIA]</p></blockquote><p></p>
[QUOTE="Art Waring, post: 8830099, member: 7037141"] I don't think they could stop the next year of production even if they wanted to, with their overloaded releases already locked in, and all those signed contracts to third parties to release 3rd party licensed products. What's also concerning is the fact that the stock market, banks, major news outlets, and the internet are all fully aware of the situation (and many players, store owners, and collectors are angry and have been for years), and wotc has been completely silent on this issue. Heads literally buried in the sand. If you look at the wotc youtube video for the 30th anniversary set, it has over 5 thousand dislikes and less than 500 likes. The video above posted by Scribe is actually a re-release of the original video because the live comments section was so angry that they had to reupload it to cut out the comments it and it still got thousands of dislikes. 30th anniversary edition comes out in two weeks, and its sad that despite all the news coverage, their newly printed proxies will probably sell out anyway. Wizards always does test runs, and when they are a success, they do it again and again until its milked dry. Rudy says in this video that this is a definitive moment in mtg history, whatever happens after the 30th anniversary release, for better or worse, things will never be the same. If it is a success, they will have no doubts about reprinting anything they want. Nevermind that a [U]proxy mox pearl[/U] that just came out of a pack almost sold for $3000, [I]the same cost for a 30 year old vintage Unlimited Mox pearl[/I]. It will likely crash the collectors market just like baseball cards when they went into overproducing, now they (baseball cards) are worthless. [MEDIA=youtube]VShoeckRH9c[/MEDIA] [/QUOTE]
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