Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,341
- Location
- Stanley Hotel, Colorado
Thanks for the reply. Any reason you wouldn't bother? Red dead is surely going to be a great game and the price should go up?
Sounds a lot like buy the rumour sell the news. Which is the reason you are stating is also the reason why the shares already rose possibly, share prices predict business not yet declared. The trick is figuring when the price has gone past reasonable expectations into the realms of unsustainable hype.
Or vice versa, its gone too far into doom and gloom on a business thats surely going to be churning out revenue and profits for twenty years forward.
GTA5 is the biggest selling game ever in USA I read and they are trying to make revenue from that customer base. I think they are over doing it but theres also China and Im pretty sure they like the game. If Red has some kind of similar model and was as big that might be a surprise to the upside, or analysts might already be expecting that performance
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