packman82
13 years ago
In the past 3 years I have become a season ticket holder , watched them win a superbowl and now I own my 1 share of Packers stock. Life is grand
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DakotaT
13 years ago

In the past 3 years I have become a season ticket holder , watched them win a superbowl and now I own my 1 share of Packers stock. Life is grand

Originally Posted by: packman82 




Agreed - watching an undefeated season as reigning super bowl champs, watching my daughter kick brain cancer's ass, being a job's creator with liberal views, and now a shareholder of the Green Bay Packers. Life is good.
UserPostedImage
McPack
13 years ago
I bought my share at 8:15 this morning. I lied my way out of a staff meeting because I didn't want to risk missing out;). I'd rather have one measly share of Packer stock than to own the entire Cowboys franchise.

DakotaT: As a father of three, I can't begin to imagine what you've been through. Best wishes to you and your daughter.
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vikesrule
13 years ago
You boys read the "fine print"?

Better not be critical of the NFL/teams/players....etc.......
...."the Commissioner has the authority to fine such shareholder in an amount not in excess of $500,000"...

Or if you make any wagers....
...."the Commissioner may fine such shareholder in an amount not in excess of $5,000"...

Bwaahaaa....[grin1]

Be careful what you do or say, Cheeseheads 
...The NFL Rules prohibit conduct by shareholders of NFL member clubs that is detrimental to the NFL, including, among other things, owning a financial interest in any other NFL member club or other professional football organization; loaning money to other NFL member clubs or any player, coach or employee thereof or any football official employed by the NFL; acting as an agent for any NFL player; publicly criticizing any NFL member club or its management, employees
or coaches or any football official employed by the NFL; or paying an NFL player or coach.

If the Commissioner of the NFL(the “Commissioner”) decides that a shareholder of an NFL member club has been guilty of conduct detrimental to the welfare of the NFL then, among other things, the Commissioner has the authority to fine such shareholder in an amount not in excess of $500,000 and/or require such shareholder to sell his or her stock.
In addition, if the Commissioner determines that a shareholder has bet on the outcome or score of any game played in the NFL, among other things, then the Commissioner may fine such shareholder in an amount not in excess of $5,000 and/or require such shareholderto sell his or her stock.

If the Commissioner requires a shareholder to sell his or her stock, then the Corporation may
have a right to repurchase the stock at $0.025 per share......



Oh, and I love the "buy back" price....$0.025 per share
PWT36
  • PWT36
  • Member Topic Starter
13 years ago
The Packers reported that on the Tuesday in the first 2 hours and 20 minutes, 28,000 shares of Packer shares were sold. That is more than 10% of the available shares.
Zero2Cool
13 years ago
Some dweeb on CNN.com wrote an article about the Packers shares and the negatives of owning one. He couldn't even cite the Green Bay Press Gazette properly, which should not be a surprise as the author is a Dallas fan.



The reason vikesrule knows so much about the fine print is because he bought six shares as it's the closest thing to greatness he'll ever own ... until he admits his blood is green and gold of course.
UserPostedImage
SINCITYCHEEZE
13 years ago
Bought my share last nite after work. This part in the rules made me chuckle.I'll put it in the "Wink,Wink,Nudge,Nudge." file.


"In addition, if the Commissioner
determines that a shareholder has bet on the outcome or score of any game played in the NFL, among other things,
then the Commissioner may fine such shareholder in an amount not in excess of $5,000 and/or require such shareholder
to sell his or her stock."


Wisconsin Born, Packer Bred
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Rockmolder
13 years ago
Packers non-stock stock flies off the shelves 

by Gregg Rosenthal

Plenty of Packers fans made sure on Tuesday that they ordered Packers stock in time to put the certificate under the Christmas tree.

The Packers wouldn’t provide complete numbers on how many shares they sold Tuesday, but 28,000 shares were sold in the first two hours and twenty minutes alone, according to the Green Bay Press-Gazette.

At $250 apiece, thats $7 million of revenue in less than three hours. 250,000 shares are available overall, which means the Packers can (and probably will) make $62.5 million from the stock sale by the time it’s over.

The Packers are essentially printing money and don’t have to do anything for it. More power to them.

On one hand, it seems insane that a certificate which entitles its owner to virtually nothing could be such a cash cow. On the other hand, I’d probably buy it for my dad if he happened to be a diehard Packers fan. (He’s not.)

It’s worth wondering if other teams could somehow replicate this business model, but the fantasy of “ownership” just wouldn’t make sense in any other town.

Despite that, we are considering a sale of PFT stock to all our readers. It will cost the same as a year’s subscription to the site.

vegOmatic
13 years ago
The stock gives you a lifetime opportunity to attend shareholder meetings which includes a number of free perks. Since buying my share in 1997 and making it to about 10 meetings thus far, that's about $20/outing to date and the cost goes down each year.

People also forget the majority of Wisconsin toilet paper is shipped to Minnesota for Viking home games. A lot of asses get wiped on those weekends.
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dfosterf
13 years ago

The stock gives you a lifetime opportunity to attend shareholder meetings which includes a number of free perks. Since buying my share in 1997 and making it to about 10 meetings thus far, that's about $20/outing to date and the cost goes down each year.

Originally Posted by: vegOmatic 




The shareholder "opportunities" go beyond our lifetime. Those same opportunities transfer to our assigns, their assigns, etc. as the stock is transferred from generation to generation.

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