LogFAQs > #971131726

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Topic	Hasbro lays off 15% employees after weak Q4 which was execs own fault wow
EmbraceOfDeath 01/27/23 11:17:29 AM #9:	WingsOfGood posted... For reference Bank of America even called them out on their bullshit in November and after this they shoved their fingers in their ears and doubled down. https://www.cnbc.com/2022/11/14/bank-of-america-says-hasbro-could-fall-34percent-as-company-kills-magic-the-gathering-card-game.html Again, that wasn't product fatigue. BoA was saying that they were printing too many copies of each card so those cards were not artificially scarce and were unsuitable as investment items. Everyone who actually plays the game and doesn't want to just sell the cards for a profit is happy with that. Stop trying to spin it. --- No more shall man have wings to bear him to paradise. Henceforth, he shall walk. <cite>EmbraceOfDeath posted [p:971131726] in Hasbro lay... [t:80326346]...</cite> <quote>WingsOfGood posted... </cite><quote>For reference Bank of America even called them out on their bullshit in November and after this they shoved their fingers in their ears and doubled down.https://www.cnbc.com/2022/11/14/bank-of-america-says-hasbro-could-fall-34percent-as-company-kills-magic-the-gathering-card-game.html</quote>Again, that wasn't product fatigue. BoA was saying that they were printing too many copies of each card so those cards were not artificially scarce and were unsuitable as investment items. Everyone who actually plays the game and doesn't want to just sell the cards for a profit is happy with that. Stop trying to spin it. --- No more shall man have wings to bear him to paradise. Henceforth, he shall walk.</quote> ... Copied to Clipboard!
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