HOLLYWOOD, Calif., Jan. 8, 2018 — With MLB owners coming out of Winter Meetings and getting started on the 2018 season, the World's First Sports Stock Market is heating things up for baseball fans everywhere. AllSportsMarket (ASM) celebrates the success of MLB team stocks on the pilot market by raising the floats from 20,000 to 100,000 shares in each MLB team.
A 'split', as it is known, is needed to handle the increased demand for stocks of MLB teams, which were the first of the big four leagues released on ASM. The NFL Playoffs offer a natural transition for fans to turn their attention to the MLB season starting with post-split MLB shares.
NHL Superstar, Bernie Nicholls commented, “As an investor, I would think that people would more inclined to invest in what they know, so for sports stock traders who's favorite sport is baseball, an increase in shares via a split will give those fans an opportunity to get some shares in their teams cheaper before the MLB season starts. Everyone has 'the' team they cheer for, and 'the' team we actually think will win, I know I do.”
Zack Ward, veteran actor and C.E.O. of Global Sports Financial Exchange, Inc., ASM's first California licensee had this to say, “Anytime a company stock splits, it creates a swell of interest in 'why' the split is taking place. With the MLB team stocks splitting, we have a perfect storm that created the need for the split; demand and market growth being the reason. The split happening due to those factors generates a ton of excitement within our trader base. We have growth in the market from day one of MLB team stocks being released on the pilot market, which truly shows a growing passion for trading sports stocks.”
The New Sports Economy Institute, ASM's parent company, is a 501(c)(3) non-profit with the mission of transforming society through sports. The objective is to end sports gambling, create a strong economy with strong ethics and bring financial literacy to the masses via sports trading instruments. ASM operates under a royalty-free license from Crystal World Holdings, Inc.
For more information, please contact Jason Henry – AllSportsMarket Media Relations
iPhone (705) 772-7066 or [email protected]
SOURCE AllSportsMarket
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