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Message: <blockquote data-quote="Cergorach" data-source="post: 9568300" data-attributes="member: 725">What people tend to forget is that it's not just about someone buying xyz, but the people currently owning xyz willing to part with it. When you show major interest, the price goes up significantly. Every day around 1.5 million shares of Hasbro stock are traded, even if you bought up all of them, there would be more demand then supply, thus the price goes up. At a certain percentage of stock ownership things need to be disclosed, if it's known you're buying a TON of stock, prices go up. And if Hasbro doesn't want you to get a majority stake in their company, they can start issuing more shares, which requires even more money to acquire.So you're stuck with making an offer and them accepting, spend tens of billions on a hostile takeover, which doesn't make a sound investment in something like Hasbro (and WotC). If it was, the stock prices would already be higher then they are now. Or you could spend a lot of time (and money) doing it slowly using different companies. None of these scenarios seem likely at the moment. Especially not when someone like EM would try to buy Hasbro/WotC, he's controversial enough for other parties to interfere in any takeover bid, upping the price to non-funny heights... If Bob Smith (generic rich nobody) where to try the same thing, a lot less controversy would ensue. Heck, I think Hasbro/WotC being bought by Disney would be less controversial then EM...EM is not just controversial due to politics (which we won't discuss here), but also because how he's handled the Twitter takeover, ranging from brand destruction (renaming), to functionality, to actual value of the company. While some might see something like that as a positive happening to Hasbro/WotC, many wouldn't. After EMs tweet on the 22nd of November 2024, stock prices rose by ~10%, the interest in Hasbro/WotC stock lasted for about a week or two before loosing ~10% of the value before the EM tweet. Also keep in mind that Hasbro/WotC stock is currently worth about half what it was worth about 5 years ago...</blockquote>

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