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#363516 - 10/19/08 11:54 AM
Re: Playboy is charging a "Registration Fee" 4 Spe
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Pervert
Registered: 10/02/08
Posts: 2058
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Quote:
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At some point the Hefner family is going to take the stock private again. I think it was down to $2.10 yesterday. Playboy's empire was cut in half in a matter of 30 days.
Wonder if I should by some of it now?? Any advice??
*I* wouldn't touch it - aside from the fact right now is not the time to buy most any stock. Playboy's days of peddling fuzzy-lensed videos with girls pillow fighting in slow motion or having car wash soap fights are dead and gone. Their mag and website are less relevant and profitable than ever given the inability to adapt with the times especially with the saturation of alternatives. Their stock being in the tank is a pretty good indicator that these facts are widely known and obvious. The A.D.D. consumer has too many choices now for meeting the prurient interest that Playboy once addressed. To rise and fall is the cycle of life so it's only natural.
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