3 ms·

That seems materially different from an expectation that you will make money on the card, or that the value of your card is determined by MLB's profitability an

by jxf 3y ago

That seems materially different from an expectation that you will make money on the card, or that the value of your card is determined by MLB's profitability and future earnings.

playday 3y ago
MLB cannot promote baseball if MLB is unprofitable and enters bankruptcy. It’s clearly connected.
- jxf 3y ago
  That's still not a security, because if someone buys all the baseball cards, they don't control anything about MLB or have a right to its profits, for example.