Fantex IPO

[jbmm161]

Anyone else check out the article about Fantex? Houston Texans Arian Foster is the first to sign up. Seems like bad investment to me considering he is often injured. I could see something like this working for baseball/basketball as most star players have long careers. Outside of Quarterbacks not to many skill players last more than 2-5 years.
Very strange concept but similar to card collecting for profit.

http://www.forbes.com/sites/darrenh...n-ipo-comes-with-a-lot-of-public-disclosures/

 

[rsmath]

Seems like bad investment to me considering he is often injured.

sounds like a bad investment in many ways, especially because it seems complicated and fee-ridden. You pay in but you don't know how the money generated from the IPO offering will be used to grow Foster's brand worth, or how investors will be able to profit from his brand worth - dividends or just hope the share value rises so you can sell at a profit? The marketplace where the stock is traded is privately run so it may be really easy to hack into or if it's easy to have fraud committed and it may be hard to find any way to get any liquidity in your shares of Fantex Arian Foster. Finally, who knows how much in fees will be charged other than for buying/selling shares - there might be a yearly management fee that also will eat into potential profits or more likely make you deeper in the hole on the investment.

Using my basic stock screener on this stock leaves me with many questions unanswered that I would never invest in this stock.

 

[SilverandBlack]

If i read it correctly you can only trade stock in certain players within the site. If you want to cash out you have to trade your player stock for fantex common stock. It says right on the site not to expect much common stock in return for player stock lol. Seems like a really poor investment.

 

[ballerskrip]

What a joke. But genius for the company. The IPO alone covers THEIR investment, so they are free and clear, and Foster stashes his cash up front. He seems like the exact type of Malcontent that I would NEVER EVER EVER invest in, and that could cut his career short in 2 years because he is too cool for school. Personally I think he is scum-bag, cash grabbing, off-injured tool. Mainly because of his actions in regards to the NCAA and U of T. The guy is a clown and I would buy his stock for $1.

 

[phillyfan0417]

What a joke. But genius for the company. The IPO alone covers THEIR investment, so they are free and clear, and Foster stashes his cash up front. He seems like the exact type of Malcontent that I would NEVER EVER EVER invest in, and that could cut his career short in 2 years because he is too cool for school. Personally I think he is scum-bag, cash grabbing, off-injured tool. Mainly because of his actions in regards to the NCAA and U of T. The guy is a clown and I would buy his stock for $1.

You are involved in alot of sports grudges...

 

[rsmath]

Might be a better investment if Fantex IPO'ed itself as a business on a real exchange like NYSE or NASDAQ and stock would look promising or falter depending on what athletes' brands they were able to invest in, how much they paid, for what percentage of future brand earnings they paid for, and if they had any decent amount of cash not allocated to future athlete investment in order to pay a decent dividend.

 

[ballerskrip]

You are involved in alot of sports grudges...

Ha, I just don't like the guy. I was a division I athlete, and feel I have some perspective on things. To get a free ride at U of Tenn, take "extra benefits", and then rat out your own team, school, coach afterwards to try and prove a point, says a great deal about the character of the rat.

 

[lisu]

This is actually an interesting idea, but the only ones I would invest in right now would be a young QB such as Russell Wilson or Andrew Luck. Russell Wilson would be an interesting one to get because he doesn't get paid that much yet, but maybe he would be interested in taking a $10 mil payout for 20% of his future earnings.

 

[nappyd]

Might be a better investment if Fantex IPO'ed itself as a business on a real exchange like NYSE or NASDAQ and stock would look promising or falter depending on what athletes' brands they were able to invest in, how much they paid, for what percentage of future brand earnings they paid for, and if they had any decent amount of cash not allocated to future athlete investment in order to pay a decent dividend.

Ha-ha Clinton-dix would be an overpriced stock based off how much he's been paid in college


Sent from my SCH-I535 using Freedom Card Board mobile app

 

[MansGame]

Very interesting.


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