and even if the market takes off today and there are no more reverse splits at all, they will at least lag behind the rest of the SOI’s as we move forward.

Let me preface this by saying this is the opinion of me and me only, what I say (despite bullpups words on the forum) does not represent the opinion of OSN. People should not look at this as trading advice and should only make trades based on their own opinions and research and not what other people tell them. That being said, I think it is crazy for anyone to own KING or KOBE, along with a number of other SOI’s on the market. For months now there have been cries and outrage about YAOM and his ridiculously high number of SOI’s in the market and his high market value, and for good reason. But why stop with YAOM? He was grossly overvalued and the people of OSN called him out on it. So why do other SOI’s get a free pass? KING and KOBE are even higher than YAOM market value wise and everyone is fine with it. Yes, it is ridiculous to compare YAOM to KOBE and KING and to even mention them in the same sentence, but should KOBE and KING really be worth this much more than guys like WADE, DHOW, and the other NBA stars? The simple answer is no.

There have been comments on the forums that if KING and KOBE reverse split than it will be the end of the site. In my honest opinion it will be one of the first signs that OneSeason is ready to take off. Until this point, the market has acted completely irrationally. If KING, KOBE, and even AIRJ were to come back in line with the rest of the market it will be the first sign of there being enough trading activity for the market to act in a realistic manner. For OneSeason to work a players performance needs to have some effect on their SOI’s market value. While popularity and image have made KING worth six times more than DHOW he is clearly not six times the player DHOW is (especially with DHOW now up 3-1). At some point this gap needs to close, and when it happens, watch out.

What’s the deal with the legends out there? BABE was trading at an all time low a couple days ago below $6 a share. BIRD is currently trading at $7.56 and has very few buys out there. MAGC has been anything but stellar since his IPO release and has dropped from the high $8 range to the mid $7’s and has very little buying support. Even GTZY has been getting no love recently and just got raped by one very large owner. AIRJ is really the only one who has held his value and he is now actually above KOBE in terms of market cap.

It has long been thought that legends were the safest bet on OneSeason.com and that they would raise and fall with the market. Despite the current glitch in that thinking, I still believe in this theory. I think that ultimately people are getting bored of them. The way I see it, there is more potential for short term gain in SOI’s who are currently playing. While there is no true correlation to on field performance these players are still in the news and can do things to affect their SOI price in either direction. At this point I think people are getting bored of the stability the legends have brought them and are looking for something sexier that they can sell in a week or two and make a few bucks.

So basically, as you watch these legends get their ass kicked, do not panic. Selling into the frenzy is the worst thing you can do and you ultimately will be handing easy profits over to someone else. Remember, the price on these things is very misleading as it only takes three shares to throw everything off. The legend SOI’s are the safest bet on OneSeason.com so don’t feel inclined to sell into a panic just because your total sportfolio is a lot lower than it was a week ago. If it will make you feel better you can go out and pay 20% over price on three separate shares and your sportfolio will look nice and meaty again (no homo).