General Forum

https://www.benzinga.com/markets/cryptocurrency/21/04/20499856/topps-in-the-same-financial-position-as-disney-was-in-1984-eisner-says

How much are you going to invest?  The way their prices are for product it seems like a no brainer.

Trade On!

It would have been more enticing back when they were king. Panini has the strong hold now.

I don't think I'll be buying any until after this bubble pops. I can only imagine the stock is gonna take a massive hit when that happens.

I'd buy that for a $...

but I do have to agree that panini is running the table and if they get MLB licensing they will go HAM!

Maybe the move will give topps the money to be more creative.

I'll pick up some TOPP stock.  cant hurt to add a little diversity.

Seems like we've seen this all before... high card market prices, topps going public (1987) and then later being taken back to private (2007). 

So it would seem that, if history repeats itself, we are in the "1987"  phase of the trading card market boom. When does that mean we should all liquidate our cards for maximum profit?

Side note #1: I'll be interested to see the additional information that Topps will need to start disclosing when they become a public company again.

Side note #2: I was "today years old" when I learned that Michael Esiner is the Chairman of Topps.

That's exaclty what I was thinking.  

There's a reason Topps went private back in 2007.  Will be interesting to see Topps financials now though, since they'll have very strict reporting requirments as a publicly traded company.

Panini cards are no where near Topps. Junk wax at best and masively over produced.

Certainly going to keep an eye on this.

I would put money on Topps producing football again whenever Panini's contract is up with NFLPA/NFL. There's too much money at play for them to say no.

I just wish they'd put limits and price points on how many products each company can produce to control over saturation. (Ex. 5 products $50-75, 5 products $75-150, 5 products $150-500, 2 products $500+)

Here is another article.  Makes you wonder if new physical cards will cease to exist.  

https://www.cnn.com/2021/04/06/investing/topps-spac-stock-nft/index.html