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Technically true Derf but it's just a feel good thing. From Wikipedia:
Shareholder rights
"Even though it is referred to as "common stock" in corporate offering documents, a share of Packers stock does not share the same rights traditionally associated with common or preferred stock. It does not include an equity interest, does not pay dividends, cannot be traded, and has no securities-law protection. It also brings no season ticket purchase privileges. All shareholders receive are voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise.[4] Shares of stock cannot be resold, except back to the team for a fraction of the original price. While new shares can be given as gifts, transfers are technically allowed only between immediate family members once ownership has been established."
Off-topic discussions should be ok as long as they are not abusive or offensive. This one does not fit that description in my view. If not interested, it is easy to avoid seeing these discussions by clicking on Fund discussions on the left. Live and let live! Life is too short!
@Kaspa- To tell you the truth, I'm totally confused by the development of this post.
• Maurice posted a commentary seeking to make an analogy between the NFL and intrinsic value, as if from the viewpoint of Marty Whitman. OK so far. • Ted replied with a comment re the value of SPY. • Not seeing the connection, I asked Ted what he meant. No reply. • Maurice then posts addition commentary, and also very politely asks Ted what he means. No reply. • Ted then posts one of his all too frequent sarcastic comments re the relevance of Maurice's posts.
I guess it's just Ted fancying himself as some sort of hall monitor again.
@Old_Joe & Maurice: "He's losing it." Losing it, are you kidding I've already lost it. I'm mad as hell, and I'm not taking it anymore !!! REgards, Ted:)
Comments
Regards,
Ted
Go Pack !, Derf
Shareholder rights
"Even though it is referred to as "common stock" in corporate offering documents, a share of Packers stock does not share the same rights traditionally associated with common or preferred stock. It does not include an equity interest, does not pay dividends, cannot be traded, and has no securities-law protection. It also brings no season ticket purchase privileges. All shareholders receive are voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise.[4] Shares of stock cannot be resold, except back to the team for a fraction of the original price. While new shares can be given as gifts, transfers are technically allowed only between immediate family members once ownership has been established."
Regards,
Ted
• Maurice posted a commentary seeking to make an analogy between the NFL and intrinsic value, as if from the viewpoint of Marty Whitman. OK so far.
• Ted replied with a comment re the value of SPY.
• Not seeing the connection, I asked Ted what he meant. No reply.
• Maurice then posts addition commentary, and also very politely asks Ted what he means. No reply.
• Ted then posts one of his all too frequent sarcastic comments re the relevance of Maurice's posts.
I guess it's just Ted fancying himself as some sort of hall monitor again.
Regards,
Ted:(
REgards,
Ted:)