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49er Fan Calls Packer Stock Sale a "Sham"

Discussion in 'Packer Fan Forum' started by okcpackerfan, Dec 3, 2011.

  1. PeteyNice

    PeteyNice Cheesehead

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    I don't see a significant difference between a share in the Packers and a share in any other non-dividend paying corporation.

    Let's say I buy a share of Google. They pay no dividends. I don't get a free Android phone or better search results. I get invited to a yearly shareholders meeting where my one share (out of more then 320 million) has almost no say.

    While the rules may prohibit it, I can turn around and sell my Packers stock on eBay (or whatever) for the price a buyer is willing to pay. Just like I can sell my share of Google on its market. If I fill out a change of address with the Packers, the new buyer gets the same benefits as any other share holder.
     
  2. greenandgold

    greenandgold I'm Dirty Hairy Callahan

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    It still is amazing me how all the other teams with owners call the stock thing a sham. WE KNOW EXACTLY WHAT WE ARE GETTING!

    Deal with it.
     
  3. 2411t

    2411t Cheesehead

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    What's this guy's stance on ignorance to the law? "I didn't know that I couldn't walk on a redlight, officer! The legal systems a sham!"
     
  4. ThxJackVainisi

    ThxJackVainisi Lifelong Packers Fanatic

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    Good post Eric87, except for:
    Most common stocks are not a scam. And here’s a quote from a June, 2011 article:

    LINK

    For investors looking for income, compare that dividend rate to the rate on 10-year Treasuries or (yikes) the rate on 5-year Treasuries. IMO three of four good points though.
     
  5. realcaliforniacheese

    realcaliforniacheese A-Rods Boss

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    I am a Packer Fan. I supported my team buy buying stock. The Team needed money to stay competitive. I wanted a share of stock. Win Win. End of story.
     
  6. 13 Times Champs

    13 Times Champs Cheesehead

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    Q If I purchase shares of Common Stock, will I be able to resell or transfer the shares to other people?
    A No. You cannot sell, assign or otherwise transfer shares of Common Stock to a third party, except that you may transfer shares to an “immediate family” member by gift or in the event of death. “Immediate family” is defined as the spouse, children, mother, father, brothers, sisters, or any lineal descendent of a shareholder.

    I think other than above shares revert back to the Packers.
     
  7. longtimefan

    longtimefan Super Moderator Staff Member Super Moderator

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    This matt guy believed a jerry_jones when he said he bought 240 shares in hopes to own a winner and make money

    The matt guy said ty for proving my point it is a sham...

    What a noodle
     
  8. AmishMafia

    AmishMafia Cheesehead

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    He never heard of jerry jones? I don't think this guy is familiar with football. Maybe he is a stock broker and thats why he doesn't get it.
     
  9. PeteyNice

    PeteyNice Cheesehead

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    That is the theory. But then there is this:
    http://www.ebay.com/itm/1997-Origin...ll_Fan_Shop&hash=item1e69260f22#ht_500wt_1077
     
  10. ivo610

    ivo610 Cheesehead

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    Don Hutson > Jerry Rice
    Bart Starr > Joe Montana
    Aaron Rodgers > Steve Young
    Reggie White > any 49ers defender
     
  11. 13 Times Champs

    13 Times Champs Cheesehead

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    Then there is this. Read what this seller says. http://www.ebay.com/itm/1998-Packer...3?pt=US_Football_Fan_Shop&hash=item4ab1b11987

    So you want to buy a Packer stock certificate with someone else's name on it? :roflmao: Good luck on getting that transfer. Someone is working a scam here.
     
  12. PeteyNice

    PeteyNice Cheesehead

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    It is not a big deal to have the address on file changed. With that you get all of the tangible benefits. Someone clearly wants it since it is going for more than buying one directly from the Packers would cost and still has a day left.
     
  13. 13 Times Champs

    13 Times Champs Cheesehead

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    You can change the address but not the name of the ownership. Someone is buying a certificate unknowling or is content on having it with anothers name.

    btw, I'm reporting this to ebay.
     
  14. PeteyNice

    PeteyNice Cheesehead

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    That auction ended at $670. Even after eBay and PayPal fees that is not a bad return.
     

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