Hockey Stock Talk

Dobber Sports

2007-10-19

 Sundin

 

We often use stock market jargon when discussing the game of hockey.  A player’s stock is rising or falling, buy low, sell high, blue chip prospect, etc.  Not surprisingly, both the NHL and its players frequently refer to hockey as a business.

 

Sometimes I wish I could muster half the interest in the stock market as I can in hockey.  Wouldn’t time spent trying to figure out which health stock is going to find the cure for (insert disease/affliction here) instead of trying to determine the status of Gaborik’s groin or Havlat’s shoulder? 

I should have been buying oil stocks before they went sky-high, instead of selling my Oilers after they crashed and burned last year.  My idea of timing the market is knowing what round to select Daniel Carcillo or Mike Green.

Here are some stock market definitions that could easily apply to fantasy hockey:

Blue Chip Stocks – Stocks of leading and well-known companies that have a record of continuous strong performance. Players like Mats Sundin, Marian Hossa, Sergei Gonchar or Martin Brodeur are examples of blue chip stocks.

Continuous Disclosure – A company’s ongoing obligation to inform the public of significant corporate events, both favourable and unfavourable.    The NHL does not subscribe to this policy.  Often we find players listed as out for 2-4, 4-6 or 6-8 weeks, as well as the ever helpful day-to-day or indefinite.  All that to say, the NHL is not very forthcoming with information on injured players and it can make choosing a line-up for the week difficult.

Cyclical Stock – A stock of a company in an industry sector that is particularly sensitive to swings in economic conditions. The poster child for this term is Vaclav Prospal with seasons of 55, 80, 54, 79 and 55 points.  Players in contract years would also fall into this category.

Delist – The removal of a security’s listing on a stock exchange. Consider Jason Allison and Jeff O’Neill as delisted.

Diversification – Limiting investment risk by purchasing different types of securities representing different sectors of the economy.  If you have two players with a penchant for being injured like Gaborik or Havlat on your roster, getting someone like Olli Jokinen or Marian Hossa, who always seems to play 80 games a year would be called diversifying.  In a rotisserie pool, if you have Joe Thornton, Brad Richards and Henrik Sedin on your team, you will need to diversify and grab some goal scorers in order to balance all those assists.

Growth Stock – The shares of companies that have enjoyed better than average growth over recent years and are expected to continue their climb.  Alexander Ovechkin, Evgeni Malkin, Nathan Horton and Ryan Whitney would fit in this category.

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