Commanders Post at The Warpath - View Single Post - Own a Piece of Paper Implying Stock That Has No True Value Yet Ceremoniously Says You Own a Piece of the Packers. Or Don't. What Do I Care.

Schneed10 · 12-06-2011, 11:56 AM

Any investor with a modicum of knowledge about financial markets would be outraged at this, including me.

Stock is equity in a company entitling you to a share of the profits. Green Bay is calling this a Common Stock - which is a specific financial term - and then saying on the page that it doesn't entitle you to any profits.

It's incredibly confusing, even if the Packers didn't intend to deceive.

12-06-2011, 11:56 AM	#10
Schneed10 A Dude Join Date: Feb 2005 Location: Newtown Square, PA Age: 46 Posts: 12,458	re: Own a Piece of Paper Implying Stock That Has No True Value Yet Ceremoniously Says You Own a Piece of the Packers. Or Don't. What Do I Care. Any investor with a modicum of knowledge about financial markets would be outraged at this, including me. Stock is equity in a company entitling you to a share of the profits. Green Bay is calling this a Common Stock - which is a specific financial term - and then saying on the page that it doesn't entitle you to any profits. It's incredibly confusing, even if the Packers didn't intend to deceive. __________________ God made certain people to play football. He was one of them.