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49ers "stock"
Dec 15, 2011 at 5:44 PM
- susweel
- Hall of Nepal
- Posts: 122,006
Pretty much a worthless piece of paper.
Dec 15, 2011 at 5:46 PM
- mod
- Veteran
- Posts: 42,380
well you can actually own the packers... 49ers arent publicly traded... you can photoshop one I suppose.
Dec 15, 2011 at 5:46 PM
- Marvin49
- Hall of Fame
- Posts: 16,506
The Green Bay Packers are the only team in professional sports that will allow you and I to own a share. They will never move because they are owned by the residents of Green Bay.
To answer your question, the Niners have never and will never offer stock to its fans. If they did, I'd be all over it just to put up on my wall.
To answer your question, the Niners have never and will never offer stock to its fans. If they did, I'd be all over it just to put up on my wall.
[ Edited by Marvin49 on Dec 15, 2011 at 5:47 PM ]
Dec 15, 2011 at 5:46 PM
- MarkD
- Veteran
- Posts: 2,611
No it hasnt. The Packers are the only publicly owned team. Which doesnt mean anything really. It is just a worthless piece of paper that runs about $250 or more.
Dec 15, 2011 at 5:48 PM
- Marvin49
- Hall of Fame
- Posts: 16,506
Originally posted by MarkD:
No it hasnt. The Packers are the only publicly owned team. Which doesnt mean anything really. It is just a worthless piece of paper that runs about $250 or more.
I wouldn't go that far. Its not worthless. Its worth $250 because it can be sold for that amount. Over the years, it will appreciate and you could sell it for what 1 share of stock would be worth then. Its as valueable as any other share of stock.
[ Edited by Marvin49 on Dec 15, 2011 at 5:49 PM ]
Dec 15, 2011 at 5:58 PM
- Dr_Bill_Walsh
- Veteran
- Posts: 20,558
Originally posted by modninerfan:
well you can actually own the packers... 49ers arent publicly traded... you can photoshop one I suppose.
knock urselves out...
Dec 15, 2011 at 6:00 PM
- susweel
- Hall of Nepal
- Posts: 122,006
Originally posted by Marvin49:
Originally posted by MarkD:
No it hasnt. The Packers are the only publicly owned team. Which doesnt mean anything really. It is just a worthless piece of paper that runs about $250 or more.
I wouldn't go that far. Its not worthless. Its worth $250 because it can be sold for that amount. Over the years, it will appreciate and you could sell it for what 1 share of stock would be worth then. Its as valueable as any other share of stock.
You sure about that ?
MoneyWatch) COMMENTARY The undefeated Green Bay Packers have scored another victory with their stock sale even though, as an investment, it's a lousy buy.
Yesterday the team put up 250,000 shares for sale at $250 each and got 1,600 orders in the first 11 minutes. Pretty impressive considering it pays no dividends, the value doesn't increase and it has no resale value. So it's kind of like Greek treasury bonds.
http://www.cbsnews.com/8301-505123_162-57338505/green-bay-packers-stock-hot-yet-worthless/
Dec 15, 2011 at 6:15 PM
- MarkD
- Veteran
- Posts: 2,611
Originally posted by susweel:
Originally posted by Marvin49:
Originally posted by MarkD:
No it hasnt. The Packers are the only publicly owned team. Which doesnt mean anything really. It is just a worthless piece of paper that runs about $250 or more.
I wouldn't go that far. Its not worthless. Its worth $250 because it can be sold for that amount. Over the years, it will appreciate and you could sell it for what 1 share of stock would be worth then. Its as valueable as any other share of stock.
You sure about that ?
MoneyWatch) COMMENTARY The undefeated Green Bay Packers have scored another victory with their stock sale even though, as an investment, it's a lousy buy.
Yesterday the team put up 250,000 shares for sale at $250 each and got 1,600 orders in the first 11 minutes. Pretty impressive considering it pays no dividends, the value doesn't increase and it has no resale value. So it's kind of like Greek treasury bonds.
http://www.cbsnews.com/8301-505123_162-57338505/green-bay-packers-stock-hot-yet-worthless/
I live about 30 miles from Green Bay and the majority of people who have bought them, have them hanging in their home bar to look at while they drink.
Dec 15, 2011 at 6:21 PM
- StOnEy333
- Hall of Fame
- Posts: 99,663
I heard somebody talking on the radio about how, if you are one of these packers shareholders, you must abide by the NFL owners rules of conduct. Therefore, along with a bunch of other rules, you are not allowed to publicly criticize the NFL. You can technically be sued by the NFL for breaking said rules. 
Dec 15, 2011 at 6:55 PM
- tmpluff
- Veteran
- Posts: 823
The Green Bay Packers don't have an official owner, they are a publicly traded corporation. This means the Packers won't and virtually can't leave Green Bay. Whereas the other 31 teams have actual owners and are not publicly traded. It would be cool to be able to buy a stock of the 49ers, I mean that way when I reference them as We,or my team or whatever, I could actually be telling the truth since I would own a small part of the company.!!!
Dec 15, 2011 at 8:29 PM
- AXEGRINDER
- Veteran
- Posts: 25,679
Eff the packers and all their owners
Dec 16, 2011 at 12:26 PM
- brucesf49
- Veteran
- Posts: 1,111
Originally posted by StOnEy333:
I heard somebody talking on the radio about how, if you are one of these packers shareholders, you must abide by the NFL owners rules of conduct. Therefore, along with a bunch of other rules, you are not allowed to publicly criticize the NFL. You can technically be sued by the NFL for breaking said rules.
Can't bet on games either.
Dec 16, 2011 at 12:46 PM
- danimal
- Veteran
- Posts: 14,705
If the Niners had stock, I'd short sell it
Dec 16, 2011 at 12:48 PM
- TTown9ers
- Veteran
- Posts: 1,777
It's not worth any $ once you buy it. I have a friend that's had a share for about 10 years. The only real benefit is that it does allow you to vote on the board of trustees that run the organization