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Old 02-14-2012, 09:47 AM   #1
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Thumbs up Linsanity Boosts MSG Stock

http://www.observer.com/2012/02/jere...rket-02132012/

Quote:
Jeremy Lin’s rocketing stardom is a game-changer, in more than a few ways. For one thing, the Knicks are winning and the Garden’s regularly packed, nowadays. For another, besides breaking records as the first Harvard grad since the 50s to play in the NBA, and only the fourth Asian-American to play in the league, he might be one of the few NBA players who can claim to have made a significant impact on financial markets.


$MSG is the ticker symbol for Madison Square Garden Entertainment, which—shortly after it was spun off from Cablevision in 2009—has traded on Nasdaq. The last trading high it reached was $28.68, in April 2011. In December, it peaked again, making its way up to $30.20.

And then, at the beginning of February 2012, America went Linsane:





Quote:
Bloomberg Businessweek rounds up $MSG in their collection of stocks experiencing “unusual moves” (like a stupefying pick-and-roll, for example) noting that the stock “gained 3.6 percent to $32.28, rallying for the ninth straight day.” CNBC Sports Business reporter Darren Rovell had another perspective to offer:

Full article at: http://www.observer.com/2012/02/jere...rket-02132012/

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Old 02-14-2012, 09:52 AM   #2
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Default Re: Linsanity Boosts MSG Stock

Jesus Christ, dude.

This Lin thing is just nuts.
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Old 02-14-2012, 09:55 AM   #3
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Default Re: Linsanity Boosts MSG Stock

Quote:
Originally Posted by SpecialQue
Jesus Christ, dude.

This Lin thing is just nuts.
Just imagine if the Knicks win a championship and Lin scores 50 points in game 7 along with 10 rebounds and 15 assists
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Old 02-14-2012, 09:56 AM   #4
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Default Re: Linsanity Boosts MSG Stock

He's also going to resolve the MSG/TWC thing. MSG is planning on extending the post games for the rest of the year and the playoffs (hope!) and you do that to sell more ads, and if they don't have TWC on board, their base of viewers is much smaller so they can't charge nearly as much. So they need to resolve this, and with the Lin effect TWC is getting lots of complaints. So i'd think this will all be resolved shortly.
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Old 02-14-2012, 10:36 AM   #5
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Default Re: Linsanity Boosts MSG Stock

I have a bet with my buddy

I say strings are gonna get pulled to sneak Lin into the ASG
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Old 02-14-2012, 10:42 AM   #6
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Default Re: Linsanity Boosts MSG Stock

Quote:
Originally Posted by get these NETS
I have a bet with my buddy

I say strings are gonna get pulled to sneak Lin into the ASG
They might get him into the Rising stars game if Blake decides not to play.
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Old 02-14-2012, 10:49 AM   #7
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Default Re: Linsanity Boosts MSG Stock

lol@"msg stock"

the day of 'the decision' it was reported that MSG stock went up 6 points and everybody thought it was a sign that lebron was coming to the knicks
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Old 02-14-2012, 10:54 AM   #8
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Default Re: Linsanity Boosts MSG Stock

Quote:
Originally Posted by Knicksfever2010
lol@"msg stock"

the day of 'the decision' it was reported that MSG stock went up 6 points and everybody thought it was a sign that lebron was coming to the knicks

Yeah somebody made a lot of money that day.
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Old 02-14-2012, 10:56 AM   #9
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Default Re: Linsanity Boosts MSG Stock

Quote:
Originally Posted by Vienceslav
They might get him into the Rising stars game if Blake decides not to play.

I heard they already did.
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Old 02-14-2012, 11:17 AM   #10
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Default Re: Linsanity Boosts MSG Stock

lin should at least make 10 mill.
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Old 02-14-2012, 11:19 AM   #11
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Default Re: Linsanity Boosts MSG Stock

Quote:
Originally Posted by MiseryCityTexas
lin should at least make 10 mill.

He's a second year player. He can't make that much yet.

He'll get tons of endorsements though.
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Old 02-14-2012, 11:24 AM   #12
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Default Re: Linsanity Boosts MSG Stock

still dont like how they jacked Vince nickname
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Old 02-14-2012, 12:20 PM   #13
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Default Re: Linsanity Boosts MSG Stock

It's down to $32 today. Really isn't that surprising considering they've won 5 straight now. Definitely has a lot to due with the ridiculous amount of media attention this has gotten from Lin.
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Old 02-14-2012, 12:22 PM   #14
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Default Re: Linsanity Boosts MSG Stock

Linsanity saved New York from epic fail.

It's amazing and I hope it continues.
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Old 02-14-2012, 12:50 PM   #15
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Default Re: Linsanity Boosts MSG Stock

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