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Grand Theft Auto IV (Xbox 360)
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2 bids
@Heloise10,
Not trying to rain on your parade or anything like that, but I wanted to do prediction on this stock movement : I believe that the price of this game will go up again, at least to 12.5 million level. Right now, there are lots of barrier put at 10 million and 11.5 million, but I still believe that by March 15, 2008, one month from now, this stock will be back to 12.5 or even higher price average.
Anyone agree or disagree with me ?
BTW, I will not buy or sell this stock until March 15, so I am a neutral bystander.
[ Oracle ] [ Level 19 ] [ Rank: 28 ]1 bids
@vGInfidel,
This has gotten somewhat ridiculous in the past few weeks and at least it has come down a bit from its 13 million level. We will see some nice movement when its first couple of months worth of NPD numbers come in though.
People should also remember that Take-Two usually puts out at least two GTA games out during each generation of consoles and when another comes out, it effectively eats a large part of any future sales for the previous game.
@apujanata,
I have to say that is on the best comments (not including those with really good analysis) I have seen on the SE: "Certainly not me, since I like my money."
[ Oracle ] [ Level 19 ] [ Rank: 27 ]1 bids
2 bids
@Heloise10,
i know what your talking about, ive shorted this as much as i can and i know that several of the top20 are also short on this atm and yet it keeps rising.
even if the 360 had a userbase of its predicted lifetime sales of 60million when its released i think it would barely reach this figure, 20-25% of all owners would have to buy it. this game will never sell in any reasonable amounts that matter (percentage wise, 10k a month doesnt really matter when were dealing with over 10mil) past Christmas, especially not to the end of the generation so the userbase will be at best 25-30mil (by christmas). that means an attatch rate of around 50%, how can this be realisticly achieved? imo it cant.
[ Guru ] [ Level 18 ] [ Rank: 91 ]2 bids
@vGInfidel,
I agree; even everage Hw sales doesn't influence - meanwhile, I keep shorting ... and losing :)
[ Elite ] [ Level 17 ] [ Rank: 69 ]3 bids
wow nearly 13mil, whos buying this and what are your reasons behind doing so? i dont see how anyone can honestly think that this will exceed 13mil and beyond to make any sort of reasonable profit. maybe im missing something? if so please enlighten me.
[ Guru ] [ Level 18 ] [ Rank: 91 ]18 bids
sagexsdx posted on Grand Theft Auto IV (Xbox 360) at 9:35AM PST on February 15, 2008. Article: Grand Theft Auto IV Pre-Order Content RevealedThose who pre-order the Xbox 360 version will receive a pack of 4 exclusive GTA IV gamerpics. In addition to this, if you pre-order at brick & mortar retailers, you’ll receive an exclusive Grand Theft Auto IV game case which contains information on how to win a bevy of prizes from an upcoming giveaway that will be held on xbox.com.
[ Oracle ] [ Level 20 ] [ Rank: 24 ]2 bids
@apujanata,
which is why im going to start buying back my stock gradually when it is the right price and the barrier will stand if anyone decides to sell alot of stock.
[ Guru ] [ Level 18 ] [ Rank: 91 ]2 bids
@vGInfidel,
The price has gone back to almost the same level before today's drop, so I think your "barrier" will have to wait a few more days (or is it months ?) before got released for other investment.
If you have read the comments, I don't think anybody will drive down this price anymore. Certainly not me, since I like my money.
[ Oracle ] [ Level 19 ] [ Rank: 28 ]
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Unfortunately, I tend to agree with you. With the hype, this stock will certainly go even higher. But I don't believe the sales will do ... so I'm shorting when I can ...