Good answers, we'll go with $6.10 cash.. does make me want to buy more shares but I'll wait til we get closer to the year end. I don't trust the markets right now but I do think pwrd has reached a bottom type level here and $20+ will come in the next 18 months.
Also Deferred revenue for a company like PWRD isn't really "offsetting" their assets like Cash. It costs PWRD nothing to deliver items to their customers. Players are essentially purchasing digital currency from PWRD and waiting to spend it. It's not like when they spend that digital currency PWRD has to record any cost associated with it.