MSG Stock Price Watch

[nullnexus]

In addition to being angry about losing Lin, I'm also angry about losing $$$ because my MSG stock continues to drop. I bought it before the 2010 free agency when it first went public at $20 per share. It came close to reaching $37 per share but now it has been dropping every day.

It’s crossed it’s 50 SMA (Simple Moving Average) very sharply and getting close to breaking through it’s 200 SMA. If stock hits below 32-33 you need to be very cautious on the downward trends unless you think you can predict the future.

[lazard]

market bouncing back...same can't be said for MSG.

[21shumpst]

darren rovell ‏@darrenrovell
Over the last 4 days, Madison Square Garden shares have collectively fallen $93 million in value.

That's twice the lux tax would have been. SMH.

[kNicksGmen]

darren rovell ‏@darrenrovell
Over the last 4 days, Madison Square Garden shares have collectively fallen $93 million in value.

That's twice the lux tax would have been. SMH.

for the zillionth time, it wasn't about money.

[DocZaius]

darren rovell ‏@darrenrovell
Over the last 4 days, Madison Square Garden shares have collectively fallen $93 million in value.

That's twice the lux tax would have been. SMH.

for the zillionth time, it wasn't about money.

then they should tell the truth because all we're hearing from Knicks brass is that it was all about money

[daba]

been wanting to sell this turd once it looked like the Knicks weren't resigning Lin but it keeps going down. just give me an up day or two so i can sell my call options. i'm still up a good amount thanks to linsanity and i'm happy to take my money off the table.

[ibraheim718]

darren rovell ‏@darrenrovell
Over the last 4 days, Madison Square Garden shares have collectively fallen $93 million in value.

That's twice the lux tax would have been. SMH.

This coming from the schmuck that got on his soapbox and celebrated the move to let Lin go... time for to go tweet him a little more of how I feel... stinking schmuck.. he couldn't carry Nate Silvers pocket protector.

[DocZaius]

been wanting to sell this turd once it looked like the Knicks weren't resigning Lin but it keeps going down. just give me an up day or two so i can sell my call options. i'm still up a good amount thanks to linsanity and i'm happy to take my money off the table.

the stock will go back up to the Lin days eventually but I think the damage has been done to your call options

volume will be too low to bring it back to the Lin days

[GratefulDead]

The stock hasn't dropped since the decision not to match lin

[daba]

been wanting to sell this turd once it looked like the Knicks weren't resigning Lin but it keeps going down. just give me an up day or two so i can sell my call options. i'm still up a good amount thanks to linsanity and i'm happy to take my money off the table.

the stock will go back up to the Lin days eventually but I think the damage has been done to your call options

volume will be too low to bring it back to the Lin days

i think the stock will eventually bounce back but i don't see a major catalyst for the stock unless the knicks become legit contenders. the options don't expire until 2013 but i have no interest in keeping them anymore. would be nice to sell on a freakin up day though.

[daba]

The stock hasn't dropped since the decision not to match lin

whatever hippy! it's gone down the last two days after it became official on tuesday night.
the worst part is the stock hit a new high on July 2 of $38.79 and now it's down to $35.33 which has killed my options.

[DocZaius]

been wanting to sell this turd once it looked like the Knicks weren't resigning Lin but it keeps going down. just give me an up day or two so i can sell my call options. i'm still up a good amount thanks to linsanity and i'm happy to take my money off the table.

the stock will go back up to the Lin days eventually but I think the damage has been done to your call options

volume will be too low to bring it back to the Lin days

i think the stock will eventually bounce back but i don't see a major catalyst for the stock unless the knicks become legit contenders. the options don't expire until 2013 but i have no interest in keeping them anymore. would be nice to sell on a freakin up day though.

I would hold it for an earnings play coming up on August 24th

[daba]

the stock will go back up to the Lin days eventually but I think the damage has been done to your call options

volume will be too low to bring it back to the Lin days

i think the stock will eventually bounce back but i don't see a major catalyst for the stock unless the knicks become legit contenders. the options don't expire until 2013 but i have no interest in keeping them anymore. would be nice to sell on a freakin up day though.

I would hold it for an earnings play coming up on August 24th

actually that is a really good point. how could i forget. thanks DocZaius. there is my catalyst and i can hopefully get out on a high note. from there i'll re-assess and maybe get back in later!

[cgmw]

BUMP


End of trading today 7/20

[kinein]

http://tracking.si.com/2012/07/20/msg-s ... departure/

Over 100 million now.

Its times like this - Dolan shold have just given a random New Yorker 100 million instead of watching it vanish. I think that would have been a great feel good story.

[Clyde_Style]

http://tracking.si.com/2012/07/20/msg-stock-lost-100-million-since-jeremy-lin-departure/

Over 100 million now.

Its times like this - Dolan shold have just given a random New Yorker 100 million instead of watching it vanish. I think that would have been a great feel good story.

He already did that with a random player.

[lazard]

lol @ Darren Rovell

"Still being assured that losing Lin has virtually no impact on the financials, but MSG investors are still fearful."

[ShotgunNitty]

darren rovell ‏@darrenrovell
Over the last 4 days, Madison Square Garden shares have collectively fallen $93 million in value.

That's twice the lux tax would have been. SMH.

This coming from the schmuck that got on his soapbox and celebrated the move to let Lin go... time for to go tweet him a little more of how I feel... stinking schmuck.. he couldn't carry Nate Silvers pocket protector.

[red32]

#dumpmsgstock

[lazard]

DJIA down 1.73%
MSG down 2.21%