Own a Piece of Paper Implying Stock That Has No True Value Yet Ceremoniously Says You Own a Piece of the Packers. Or Don't. What Do I Care.

[SmootSmack]

Originally Posted by Schneed10

Which is exactly why this "common stock" sale is not cool at all. Nobody's ever heard of that, so when you call it "common stock" it brings an entirely different preconceived notion.

The very fact that SS titled this thread "Own the Packers" shows how badly misconstrued this "common stock" is.

It is NOT ownership in the team and I humbly suggest that the Warpath change the thread title so as not to contribute to the confusion around this. The SEC has strict regulations around investments for a reason - it protects people from getting swindled. At best, you could call this very confusing, at worst it's a bait and switch.

If you're implying that I was misled or trying to mislead in my thread title...no.

But whatever, I'll change the thread title

[Schneed10]

Originally Posted by SmootSmack

If you're implying that I was misled or trying to mislead in my thread title...no.

But whatever, I'll change the thread title

Not necessarily that you were misled, just that you misunderstood, by no fault of your own. Many people would misunderstand this, and it's not their fault, the Packers have made this extremely confusing.

I'd think accuracy of thread titles would be important to the mods. But what do I care.

[SmootSmack]

Originally Posted by Schneed10

Not necessarily that you were misled, just that you misunderstood, by no fault of your own. Many people would misunderstand this, and it's not their fault, the Packers have made this extremely confusing.

I'd think accuracy of thread titles would be important to the mods. But what do I care.

I knew exactly what it was. I didn't misunderstand what I might be buying at any time

I get that when it comes to anything related to financial matters, you're particularly sensitive so I apologize for my original headline. I only hope Mary Schapiro and Tim Geithner forgive me as well

[Schneed10]

Originally Posted by SmootSmack

I knew exactly what it was. I didn't misunderstand what I might be buying at any time

I get that when it comes to anything related to financial matters, you're particularly sensitive so I apologize for my original headline. I only hope Mary Schapiro and Tim Geithner forgive me as well

I don't think you did understand, you titled the thread Own the Packers. The offering document states through numerous disclaimers in bold type, that it does not give you ownership per se.

It's not a big deal, I'm not upset at anyone here for it. I just don't see the need for the snark and sensitivity - I wouldn't want to perpetuate any misconceptions on this, which could be potentially harmful to someone who thought they were investing $250 when in reality they're just donating it.

More information on the matter.

Green Bay Packers offer team stock, sort of, to Cheesehead nation – This Just In - CNN.com Blogs

[Paintrain]

Originally Posted by SmootSmack

If you're implying that I was misled or trying to mislead in my thread title...no.

But whatever, I'll change the thread title

Damn shame it had to come to that.