crzymdups wrote:

subzero0 wrote:

mrKnickShot wrote:

subzero0 wrote:As of now 10:12AM 7/17 the NASDAQ is powering its way up. MSG however is sinking like the titanic on a cold april morning. It is not following market trends at all. I wonder why.

NDAQ: +2.31%
MSG: -1.64%

The nasdaq is down - try to view in Real Time.

Why pigeonhole yourself trading second by second? Real traders look at long market trends.

https://www.google.com/finance?q=msg%2C+NASDAQ%3ANDAQ

over the past 5 days, MASDAQ is +1.62%. MSG is -6.79%

so, coincidentally or not, the knicks apparent decision to split with their insanely marketable star has cost the company millions in stock price.

CAN WE STOP THIS MADNESS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!??

Its only one more day - we will know everything tomorrow and can watch the markets intently :-)

mrKnickShot wrote:

subzero0 wrote:

nyk4ever wrote:LOL, i love these amateur wall-street guys trying to affix market conditions to the knicks losing jeremy lin (who they haven't even lost yet) makes for great comedy.

I wouldnt really call myself an amateur. I have been trading for a while. I suppose if you're day trading then a realtime window is what you live on but im not sure trading that way is a good idea, especially with the way the market is nowadays. I much prefer looking at week and monthly trends. To determine Jeremy Lin's affect on the market you should probably take in a 5 day view of the trend. But to each his own i guess.

First, the trend for MSG is not in line with the Nasdaq. And, lets not (try) to analyze a stock for one day and think we understand it's movement.

Hmm, well you're correct, but not entirely. Yes, you're right MSG is not in line with the NASDAQ, however that is only a recent development. If you analyze the month lifetime of the msg and nasdaq trend you will see that msg and nasdaq never differed more than ~4.5% from each other until Friday 13th ~11:30am.

After Friday 13th ~11:30am the MSG trend and NDAQ trend started to differ pretty wildly considering their previous 1 month tie to each other. Whereas they never differed more than ~4.5% the previous month they are now looking at the 5 day trend, as of the writing of this, differing more than ~8%. If you are an experienced trader this will definitely send up red flags to you. If you are an amateur trader you would not even realize the drift, until its too late ofcourse.

Again, day trading may be your cup of tea. However, you have to look at larger trends if you ever want to do real trading. Day trading is only really good for shorting atleast for now I believe. But again, to each his own.

mrKnickShot wrote:

subzero0 wrote:

mrKnickShot wrote:

subzero0 wrote:

nyk4ever wrote:LOL, i love these amateur wall-street guys trying to affix market conditions to the knicks losing jeremy lin (who they haven't even lost yet) makes for great comedy.

I wouldnt really call myself an amateur. I have been trading for a while. I suppose if you're day trading then a realtime window is what you live on but im not sure trading that way is a good idea, especially with the way the market is nowadays. I much prefer looking at week and monthly trends. To determine Jeremy Lin's affect on the market you should probably take in a 5 day view of the trend. But to each his own i guess.

First, the trend for MSG is not in line with the Nasdaq. And, lets not (try) to analyze a stock for one day and think we understand it's movement.

Hmm, well you're correct, but not entirely. Yes, you're right MSG is not in line with the NASDAQ, however that is only a recent development. If you analyze the month lifetime of the msg and nasdaq trend you will see that msg and nasdaq never differed more than ~4.5% from each other until Friday 13th ~11:30am.

After Friday 13th ~11:30am the MSG trend and NDAQ trend started to differ pretty wildly considering their previous 1 month tie to each other. Whereas they never differed more than ~4.5% the previous month they are now looking at the 5 day trend, as of the writing of this, differing more than ~8%. If you are an experienced trader this will definitely send up red flags to you. If you are an amateur trader you would not even realize the drift, until its too late ofcourse.

Again, day trading may be your cup of tea. However, you have to look at larger trends if you ever want to do real trading. Day trading is only really good for shorting atleast for now I believe. But again, to each his own.

Hahah - please analyze my trading because I watch stocks in real time. No I don't day trade. And, my portfolio is up 40 pct YTD so I don't really need an education from someone who just figured out how to view a trend.

Maybe MSG is moving because of Lin, maybe not. Looking at a trend without knowing, reading anything about the stock and making a silly declaration is pretty amateur. No?

Show me an article(s) from a reputable financial analyst stating this and explaining how it ties into the falling of the stock - that would work for me.

Also, please look at the stock trend while JLin was in the D-League and explain how it was outperforming the Nasdaq.

Umm ok, wow. Im not sure how you claim to be a trader and cant possibly see a connection between Jeremy Lin leaving and the MSG price sinking. It seems pretty elementary to me. But maybe you're right, perhaps you are a much better trader than I am. I am not claiming to be the greatest trader of all time but I like to think that I am pretty good. Besides all that though, this is really just simple math. But dont take my word for it.

You want articles ok, just remember, you asked for this. How about MarketWatch, SeekingAlpha, Business Week and Bloomberg? You have heard of those havent you?

http://blogs.marketwatch.com/thetell/2012/07/16/mondays-msg-market-cap-drop-would-have-paid-for-lin-contract/
http://www.businessweek.com/news/2012-07-16/lin-exit-would-leave-retailers-with-worthless-merch
http://www.marketwatch.com/story/jeremy-lin-is-too-expensive-for-ny-knicks-2012-07-16
http://seekingalpha.com/symbol/msg/currents
http://seekingalpha.com/article/704801-could-a-jeremy-lin-departure-spell-doom-for-madison-square-garden

mrKnickShot wrote:Show me where in those articles the analysts ties in losses from the past couple of days to Lin? There was one line from Seeking Alpha (which sux) but nothing informative.

Again, Lin definitely ties in to MSG and their revenue and I have said that we will probably see it tomorrow but to get excited and cite arguments from up 1.x pct and down 1.x pct is once again, silly.

How about the first paragraph of the first article in the first link that I posted?

Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.75% , has already lost more money in market capitalization than the cost of Lin’s contract.

subzero0 wrote:

mrKnickShot wrote:Show me where in those articles the analysts ties in losses from the past couple of days to Lin? There was one line from Seeking Alpha (which sux) but nothing informative.

Again, Lin definitely ties in to MSG and their revenue and I have said that we will probably see it tomorrow but to get excited and cite arguments from up 1.x pct and down 1.x pct is once again, silly.

How about the first paragraph of the first article in the first link that I posted?

Much has been made already about the New York Knicks decision — reportedly at this point — not to sign Jeremy Lin. But another way to look at the move is that the Knicks’ owner, Madison Square Garden Inc. MSG -0.75% , has already lost more money in market capitalization than the cost of Lin’s contract.

That was just showing how much he can lose with a small dip in one day as to compare the matching of lins contract to daily gains and losses for DOLAN

POCKET CHANGE

Or maybe it can be read your way. 0.75% down when the beta is .78? Really?

The real analysts seem to be mostly against the idea.

Here is a real article.

As of the writing of this:
NDAQ +3.29%
MSG -3.14%

http://in.reuters.com/article/2012/07/17/us-madisonsquaregarden-lintransfer-share-idINBRE86G0WQ20120717

Still think MSG stock downturn has nothing to do with Lin leaving?

http://finance.yahoo.com/echarts?s=MSG+Interactive#symbol=msg;range=2y;compare=%5Egspc+%5Edji;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;