The pagan spring equinox celebration, also known as Ostara, is a time to honor the rebirth and fertility of the Earth after the long winter months. This celebration takes place around the vernal equinox, usually around March 20th or 21st. During this time, pagans gather to welcome the arrival of spring and acknowledge the balance between light and dark, as the day and night are of equal length. It is a time of growth, renewal, and the awakening of the Earth from its slumber. The main idea of the pagan spring equinox celebration is to honor the cycles of nature and the changing of the seasons. Pagans see this time as a time of transformation, both within themselves and in the natural world around them.
BofA warns that if this situation is not addressed immediately in the short-term, even long-time dedicated players would have to close shop. Unfortunately, looking at sneak previews of 2023 sets, Hasbro doesn’t seem to even understand the core principles of a TCG environment anymore.
I am simply someone who writes about Magic The Gathering and again, is very interested in a deep dive on the business of Magic and want to talk about what I found valuable, what I found questionable, and what I found lacking in Bank of America s report. Where these two claims break down, and where I question the direction this deep dive report has taken, is that the call to cut print runs and inflate secondary market prices for sealed product is directly at odds with the claim that Wizards needs to grow their consumer base.
Pagans see this time as a time of transformation, both within themselves and in the natural world around them. It is a time to celebrate new beginnings, new life, and the return of fertility to the land. Many pagan rituals and traditions are observed during the spring equinox celebration.
'Magic: The Gathering' analysis prompts BofA to double downgrade Hasbro
Shares of Hasbro (NASDAQ: HAS ) are down more than 6% in pre-open Monday trading after Bank of America analysts double-downgraded to Underperform from Buy as a result of the firm's deep-dive on the company's business "Magic: The Gathering."
The price target is slashed to $42 per share from $72, implying a downside risk of over 30% relative to Friday's closing price of $63.41.
Magic: The Gathering, which is a trading card game, generates about 15% of Hasbro's total revenue and as much as 35% of EBITDA.
"We've spoken with several players, collectors, distributors and local games stores and have become aware of growing frustration. The primary concern is that Hasbro has been overproducing Magic cards which has propped up Hasbro’s recent results but is destroying the long-term value of the brand," Haas said in a client note.
In order to maintain high growth in this business after the pandemic, Hasbro came up with more frequent set releases, more products in each set, and wider distribution. However, this strategist has likely backfired, Haas warns.
"Players can't keep up and are increasingly switching to the "Commander" format which allows older cards to be used. The increased supply has crashed secondary market prices which has caused distributors, collectors and local game stores to lose money on Magic. As a result, we expect they'll order less product in future releases," the analyst added.
Moreover, Haas notes that the price for Magic 30th Anniversary set, set at $999 for four booster packs, is "excessively high."
"This has created panic among collectors and we're seeing collections being liquidated now that the scarcity value of Magic is in question."
Bank of America analysts are also growing increasingly cautious on Hasbro's Consumer Products segment amid "negative read-through from retailers and peers."
'Magic: The Gathering' analysis prompts BofA to double downgrade HasbroOne such tradition is the lighting of bonfires, which represent the power of the returning sun. Participants may also decorate eggs, symbolizing fertility and the renewal of life. These decorated eggs are often used in egg hunts or placed on an altar as offerings. Another important aspect of the pagan spring equinox celebration is the honoring of the goddess Ostara, from whom the celebration gets its name. Ostara is seen as a symbol of fertility, rebirth, and new beginnings. Many pagans offer prayers and make offerings to her during this time. Overall, the pagan spring equinox celebration is a time of joy and celebration, marking the end of winter and the beginning of a new season. Pagans come together to honor the cycles of nature, express gratitude for the Earth's abundance, and embrace the energy of new growth and possibilities. It is a time to connect with the Earth and to celebrate the beauty and power of the natural world..
Reviews for "Life, Death, and Rebirth: Pagan Concepts and Rituals for the Spring Equinox"
1. Sarah - 1 star - I attended the Pagan spring equinox celebration with high hopes, but I was ultimately disappointed. The event lacked organization and structure, which made it difficult to fully enjoy the festivities. Additionally, there was a lack of clear communication about the schedule and activities, leaving me feeling lost and confused throughout the event. Overall, I found the Pagan spring equinox celebration to be disorganized and poorly executed.
2. Mark - 2 stars - As someone who was interested in learning about Pagan traditions and beliefs, I was excited to attend the spring equinox celebration. However, I found the event to be underwhelming and lacking in substance. The workshops and presentations were shallow and didn't provide much information or insight into Pagan practices. It felt like a missed opportunity to educate and engage attendees. I left the event feeling like I didn't learn much about Paganism and was left wanting more.
3. Emily - 2.5 stars - The Pagan spring equinox celebration had potential, but it fell short in execution. While the atmosphere and music were enjoyable, there were several logistical issues that hindered the overall experience. The event was overcrowded, making it difficult to fully appreciate the rituals and performances. Additionally, there was a lack of seating and shaded areas, making it uncomfortable to stay for extended periods. Overall, I believe the event could have been better organized to enhance the overall enjoyment for attendees.