Stock is up to 52 week high on anticipation of GTA V launch, well we are here. next runup will be in anticipation of of 10/28 earnings call. nothing will happen when reviews come out, they will all be 10s and everyone knows about it.
I wouldn't worry too much - people will jump to TTWO once they realize how safe it is to bet on a strong Q3. Compared to other releases, GTA V holds the #1 & #2 spots in presales for the U.S. From what I've read, the UK is reporting to possibly sell 3 million units and possibly set sales records in their country. Haven't even mentioned Japan because they don't get their game until next month. It's going to be huge, but I don't need to tell you that. :)
The Street constantly waits and sees with TTWO. Some will claim "it's priced in" but I don't buy that as we're less than a $1 higher than our last 5-year high. All that's priced in right now is some success with GTA V. It's wait and see folks and if you don't like it, you better sell.
Some are waiting for GTA 5 reviews, Some are waiting for 1st week sales while others are waiting for 3rd week for GTA online hits/reviews. This is a momentum driven stock and Cramer was right for that one comment.