Hasbro (HAS) on Wallstrip…Toying with Shortsellers

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  • on May 30th, 2008

Eddy at Crossing WallStreet sums up Hasbro (HAS) pretty well:

After nine long years, the stock finally made a new all-time high recently. In 1974, you could have picked up shares of Hasbro for about 2.4 cents each. That’s adjusting for many, many splits. Not including dividends, the stock is up about 140,000% since. In other words, there’s a lot of money to be made in toys…just ask any adult male.

The stock had been drifting downward for a few years before spiking 80 percent staring in January, 2008. Google Finance has the big picture information .

I have long avoided the toy business, mich like the movie business. It’s pretty hit driven. For Hasbro on this run, they are doing many things right, but my gut feel is it is mostly ‘Transformer’ related. Lot’s of spit and screaming kids to making it difficult for reasearch. I prefer the toys like Facebook and Twitter.

Julie takes a good look for us at Wallstrip as well .

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