MSG Stock Price Watch

Clyde_Style · Post #101 » by **Clyde_Style** » Wed Jul 18, 2012 1:26 pm

I just checked MSG stock. They have a P/E ratio of 31.75 which by itself says the stock may be extremely overpriced. If there are any large institutional holders who were on the fence about their position, they may exit now as the stock's pre-market bid and ask shows it will likely open lower.

biggyfuzz · Post #102 » by **biggyfuzz** » Wed Jul 18, 2012 1:28 pm

If knicks win games the stock will rise.

Stock market is all speculation

GoNYK1288 · Post #103 » by **GoNYK1288** » Wed Jul 18, 2012 1:30 pm

Down .89% at opening. I hope this thing crashes and burns.

Clyde_Style · Post #104 » by **Clyde_Style** » Wed Jul 18, 2012 1:39 pm

There is no bid support on the stock. It looks like the market makers will keep it propped up for a little while longer and it may then start dropping. Volume is not huge so it is indecisive still. Odds are it is heading down though.

noto12ious · Post #105 » by **noto12ious** » Wed Jul 18, 2012 3:10 pm

down you go while all world markets rally :lol:

lazard · Post #106 » by **lazard** » Wed Jul 18, 2012 3:13 pm

red32 · Post #107 » by **red32** » Wed Jul 18, 2012 8:42 pm

It doesn't really matter now, but:

http://sports.yahoo.com/blogs/nba-ball-dont-lie/msg-stock-dives-following-jeremy-lin-departure-initial-202902733--nba.html

GoNYK1288 · Post #108 » by **GoNYK1288** » Wed Jul 18, 2012 9:25 pm

MSG lost another $28 million in market cap today. How does that feel, Dolan?

Kampuchea · Post #109 » by **Kampuchea** » Wed Jul 18, 2012 9:27 pm

i dont think people realize that Dolan hasn't lost any money due to the recent stock price changes.

As an investor you love to see this type of price fluctuation that in no way relates to the true value of the stock in the long term. Future prospects of MSG point to the fact that this price decrease creates a great buying opportunity.

Eventually the share price will correct and reflect the true value of the company.

GoNYK1288 · Post #110 » by **GoNYK1288** » Wed Jul 18, 2012 9:37 pm

MozTheMan wrote:i dont think people realize that Dolan hasn't lost any money due to the recent stock price changes.

As an investor you love to see this type of price fluctuation that in no way relates to the true value of the stock in the long term. Future prospects of MSG point to the fact that this price decrease creates a great buying opportunity.

Eventually the share price will correct and reflect the true value of the company.

Um. When your market cap decreases by $200M in 2 weeks, that's the definition of losing money. Linsanity inflated the stock, and the end of Linsanity deflated the stock.

If you feel that the stock is currently undervalued, then sure you'd love to be an investor and get in on the action. However, I'm to guess that you're not a Wall Street analyst and have no idea if the stock is currently undervalued. For all you know it could still be overvalued. In other words, you can't claim to know the "true value of the stock in the long term". And your statement "Eventually the share price will correct and reflect the true value of the company" could just as well mean that the stock will continue to plummet.

Kampuchea · Post #111 » by **Kampuchea** » Wed Jul 18, 2012 9:54 pm

GoNYK1288 wrote:
MozTheMan wrote:i dont think people realize that Dolan hasn't lost any money due to the recent stock price changes.

As an investor you love to see this type of price fluctuation that in no way relates to the true value of the stock in the long term. Future prospects of MSG point to the fact that this price decrease creates a great buying opportunity.

Eventually the share price will correct and reflect the true value of the company.

Um. When your market cap decreases by $200M in 2 weeks, that's the definition of losing money. Linsanity inflated the stock, and the end of Linsanity deflated the stock.

If you feel that the stock is currently undervalued, then sure you'd love to be an investor and get in on the action. However, I'm to guess that you're not a Wall Street analyst and have no idea if the stock is currently undervalued. For all you know it could still be overvalued. In other words, you can't claim to know the "true value of the stock in the long term". And your statement "Eventually the share price will correct and reflect the true value of the company" could just as well mean that the stock will continue to plummet.

Majority owners like Dolan are not short term holders of MSG stock. He has no realized loss from this but he does have a buying opportunity. I did actually look at the company and am considering buying myself, but there are investment firms that have published the fact they are bullish on MSG stock due to various analytics. The most difficult thing for me is timing the buy of the stock because the irrational price fluctuation may continue a short while longer before correcting. The largest part of MSGs revenue is locked in and has little to do with Jeremy Lin.

I have over 10 years experience working for investment firms in NY.

cgmw · Post #112 » by **cgmw** » Wed Jul 18, 2012 10:07 pm

MozTheMan wrote:i dont think people realize that Dolan hasn't lost any money due to the recent stock price changes.

As an investor you love to see this type of price fluctuation that in no way relates to the true value of the stock in the long term. Future prospects of MSG point to the fact that this price decrease creates a great buying opportunity.

Eventually the share price will correct and reflect the true value of the company.

First of all, I won't comment on whether Dolan loses money when MSG stock drops. I'm assuming he owns quite a bit of it, but that's not even the big deal here.

The big deal is that Jeremy Lin's celebrity -- warranted or not -- caused a major uptick not only in rare global goodwill towards the Knicks but also in the price of MSG stock itself.

Should Lin's celebrity continue to grow in Houston, and should global goodwill continue to dwindle for the Knicks, Dolan's stock price is the least of his problems.

Already, he's the posterboy for incompetence. If Lin's celebrity can make the stock price spike (and are you doubting that it did?), then what will happen when he's on ABC/ESPN during the playoffs or starting All Star games? If the MSG stock situation doesn't "correct" in the direction you think it will, Dolan will be under tremendous public pressure to take the blame.

People on this board always defend Dolan by saying he doesn't care what fans think. My response to that is that he sure as sh*t cares what his investors think, and his investors are clearly influenced by Jeremy Lin's celebrity.

If the carefully crafted Knicks/MSG PR department (including MSG Network and Newsday) can't spin this the right direction, Dolan could be in for a lot worse than merely a drop in stock price.

He could become the global symbol of. for lack of a better term, the Anti-Lin.

Besart19 · Post #113 » by **Besart19** » Wed Jul 18, 2012 10:19 pm

GoNYK1288 wrote:MSG lost another $28 million in market cap today. How does that feel, Dolan?

Another fact that money was not the issue...

Kampuchea · Post #114 » by **Kampuchea** » Wed Jul 18, 2012 10:30 pm

cgmw wrote:First of all, I won't comment on whether Dolan loses money when MSG stock drops. I'm assuming he owns quite a bit of it, but that's not even the big deal here.

The big deal is that Jeremy Lin's celebrity -- warranted or not -- caused a major uptick not only in rare global goodwill towards the Knicks but also in the price of MSG stock itself.

Should Lin's celebrity continue to grow in Houston, and should global goodwill continue to dwindle for the Knicks, Dolan's stock price is the least of his problems.

Already, he's the posterboy for incompetence. If Lin's celebrity can make the stock price spike (and are you doubting that it did?), then what will happen when he's on ABC/ESPN during the playoffs or starting All Star games? If the MSG stock situation doesn't "correct" in the direction you think it will, Dolan will be under tremendous public pressure to take the blame.

People on this board always defend Dolan by saying he doesn't care what fans think. My response to that is that he sure as sh*t cares what his investors think, and his investors are clearly influenced by Jeremy Lin's celebrity.

If the carefully crafted Knicks/MSG PR department (including MSG Network and Newsday) can't spin this the right direction, Dolan could be in for a lot worse than merely a drop in stock price.

He could become the global symbol of. for lack of a better term, the Anti-Lin.

basically, the projected price of MSG shares is over 40. I have seen other analysts value it at 45. This is based off of the company projections WITHOUT Lin. The day trader, overemotional type investor is driving the price down temporarily and it is definitely temporary as evidenced by historical fluctuations of other stocks that became undervalued due to emotions overtaking the unintelligent investor.

I dont personally care if Dolan makes money or loses money, I am just pointing out that a long term investor like Dolan and other large investors and investment firms are not hurt by these fluctuations unless they sell. The sellers right now are not those investors.

I know you are having fun watching this stock every day like a day trader, I am just educating the people that Dolan isnt getting hurt like you think and the prospects for MSG are very good

ccvle · Post #115 » by **ccvle** » Wed Jul 18, 2012 10:30 pm

A lot of times, stocks go or down based on emotion. Msg stock price went down a bit after lebron James announced his decision. Look where the price it was and where it is now. Most wall street analysts don't even think Lin's departure will have any long term effect on msg.

Handledatruth · Post #116 » by **Handledatruth** » Wed Jul 18, 2012 10:42 pm

This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

lazard · Post #117 » by **lazard** » Wed Jul 18, 2012 10:45 pm

Handledatruth wrote:This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

just sayin...the drop in market value since July 4th was more than enough to cover the luxury tax.

Handledatruth · Post #118 » by **Handledatruth** » Wed Jul 18, 2012 10:48 pm

lazard wrote:
Handledatruth wrote:This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

just sayin...the drop in market value since July 4th was more than enough to cover the luxury tax.

We all know that it was never about the luxury tax. Dolan does not like to be deceived and Grunnie is a slick mofo. Plain and simple.

cgmw · Post #119 » by **cgmw** » Wed Jul 18, 2012 10:49 pm

Handledatruth wrote:This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

Where the hell did anyone claim Lin is bigger than MSG?

The stock has dropped. Dolan looks like a buffoon. That doesn't make Lin bigger than MSG. It just makes Dolan look like an idiot.

Kampuchea · Post #120 » by **Kampuchea** » Wed Jul 18, 2012 10:49 pm

lazard wrote:
Handledatruth wrote:This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

just sayin...the drop in market value since July 4th was more than enough to cover the luxury tax.

and we are telling you that analysts, savvy investors and Dolan care about the long-term prospects of MSG.

Day traders and people that are not educated about the markets are the ones that think Dolan is taking a realized hit to his pockets when he is most definitely not.