gregreece Posted July 24, 2015 Share Posted July 24, 2015 Stock (WIZD) down another 42% today after getting pummeled 28% last Friday on no apparent news. Full disclosure I have (fortunately at this point), a very small position in the stock. Link to comment Share on other sites More sharing options...
CAHokie Posted July 24, 2015 Share Posted July 24, 2015 This is usually where I would buy a chunk, wait for it to go back up even for a day then get rid of it. Link to comment Share on other sites More sharing options...
Iceman399 Posted July 24, 2015 Share Posted July 24, 2015 What "news" are we waiting for on them...sorry don't follow this/stocks very much Link to comment Share on other sites More sharing options...
gregreece Posted July 24, 2015 Author Share Posted July 24, 2015 What "news" are we waiting for on them...sorry don't follow this/stocks very much Generally speaking stocks get crushed like this on bad news. A bad earnings report. A recall, etc. Something tangible. There doesn't appear to be any at this time. Link to comment Share on other sites More sharing options...
Real Elijah Snow Posted July 24, 2015 Share Posted July 24, 2015 Maybe it has something to do with the large amount of shows they have been doing that have been complete disasters. Link to comment Share on other sites More sharing options...
zuulioso Posted July 24, 2015 Share Posted July 24, 2015 (edited) Maybe it has something to do with the large amount of shows they have been doing that have been complete disasters. You mean like their China show? http://www.twoamericansinchina.com/2015/05/the-big-con-nightmare-guangzhou-comic-con.html They moved the venue to a tent and many people were stuck outside inline in the heat hours past the open because they wouldn't let people in until others left. By 12:00 the celebrities started arriving, and they were not happy with what they saw. Thousands of guests and fans were still standing outside in the broiling sun, and inside, it was so crowded there weren’t even any chairs for them to sit and sign autographs. ...and it gets better About 2:30, the organizers announced that no one else would be allowed inside (not that they had let anyone in since about noon) and only VIP ticket-holders would be allowed inside on Sunday. A mini riot broke out, which caused the celebrity guests to be evacuated the police to form a human barricade around the tent. The organizers then said they would issue refunds for all the regular ticket holders, but they didn’t give any directions about how to get the refund. We have contacted event organizers directly as well as Wizard World and Coke via their website, Facebook, and Twitter, all to no response, so we have not received any refunds. Edited July 24, 2015 by zuulioso Link to comment Share on other sites More sharing options...
eewwnuk Posted July 24, 2015 Share Posted July 24, 2015 perhaps they lost their exclusivity agreement with the green ranger. Link to comment Share on other sites More sharing options...
1Cool Posted July 24, 2015 Share Posted July 24, 2015 Maybe they invested in their top ten hot books? Link to comment Share on other sites More sharing options...
miraclemet Posted July 24, 2015 Share Posted July 24, 2015 maybe they're going to be losing some locations? Maybe some contracts were due for renewal and they havent been renewed? Link to comment Share on other sites More sharing options...
Meeklo Posted July 24, 2015 Share Posted July 24, 2015 They need to do something like put out a magazine or even a price guide to generate some revenue. Link to comment Share on other sites More sharing options...
revat Posted July 24, 2015 Share Posted July 24, 2015 sometimes when there's press release, there's something akin to insider trading involved. Rumors of layoffs, pending dismissal of some officers, etc that hasn't hit the press yet. Link to comment Share on other sites More sharing options...
1Cool Posted July 24, 2015 Share Posted July 24, 2015 They need to do something like put out a magazine or even a price guide to generate some revenue. I'd buy that for a dollar. Link to comment Share on other sites More sharing options...
DougC Posted July 24, 2015 Share Posted July 24, 2015 They need to do something like put out a magazine or even a price guide to generate some revenue. I'd buy that for a dollar. It would need a snazzy name though...something you could equate to their brand. Link to comment Share on other sites More sharing options...
jaybuck43 Posted July 24, 2015 Share Posted July 24, 2015 Stock (WIZD) down another 42% today after getting pummeled 28% last Friday on no apparent news. Full disclosure I have (fortunately at this point), a very small position in the stock. It's because they gave Carbo a TV Show. I'd sell all my stock after finding that out! http://finance.yahoo.com/news/contv-launches-original-series-comic-100000789.html Link to comment Share on other sites More sharing options...
Hamlet Posted July 24, 2015 Share Posted July 24, 2015 Has anyone read their financials? Yuck. They are not a good business. Link to comment Share on other sites More sharing options...
drbanner Posted July 24, 2015 Share Posted July 24, 2015 Maybe it has something to do with the large amount of shows they have been doing that have been complete disasters. What a crock this has been...when's the last time they put on a real comic book show? Link to comment Share on other sites More sharing options...
Aweandlorder Posted July 24, 2015 Share Posted July 24, 2015 Maybe they invested in their top ten hot books? Link to comment Share on other sites More sharing options...
Guardian Comics Posted July 24, 2015 Share Posted July 24, 2015 Maybe it has something to do with the large amount of shows they have been doing that have been complete disasters. What a crock this has been...when's the last time they put on a real comic book show? Chicago next month...best CON of the year bar none. Jim Link to comment Share on other sites More sharing options...
Conan_Aficionado Posted July 24, 2015 Share Posted July 24, 2015 Maybe it has something to do with the large amount of shows they have been doing that have been complete disasters. You mean like their China show? http://www.twoamericansinchina.com/2015/05/the-big-con-nightmare-guangzhou-comic-con.html They moved the venue to a tent and many people were stuck outside inline in the heat hours past the open because they wouldn't let people in until others left. By 12:00 the celebrities started arriving, and they were not happy with what they saw. Thousands of guests and fans were still standing outside in the broiling sun, and inside, it was so crowded there weren’t even any chairs for them to sit and sign autographs. ...and it gets better About 2:30, the organizers announced that no one else would be allowed inside (not that they had let anyone in since about noon) and only VIP ticket-holders would be allowed inside on Sunday. A mini riot broke out, which caused the celebrity guests to be evacuated the police to form a human barricade around the tent. The organizers then said they would issue refunds for all the regular ticket holders, but they didn’t give any directions about how to get the refund. We have contacted event organizers directly as well as Wizard World and Coke via their website, Facebook, and Twitter, all to no response, so we have not received any refunds. People in china are into comics and they have discretionary income to attend comic cons.... Link to comment Share on other sites More sharing options...
makeminemego Posted July 24, 2015 Share Posted July 24, 2015 If these people go under, who's going to promote the swords/flasks/t-shirt/bathroom remodeling/herbal medicine convention that we had here in St. Louis this spring??? Link to comment Share on other sites More sharing options...