Sales might not be as strong as published. I say this because I got an email from Amazon that they discounted my copy by 3 cents so I only 59.96. Sounds like they are having trouble moving copies with such early discounting!
???? A .03 discount? And you have concluded that they cannot move copies? This is the most ridiculous post ive come across in a while. When you see the game selling for 39.99 then you know that they are having trouble moving copies.
LOL. The real problem is that TTWO just gets no respect. It needs to show actual earnings and more consistent performance before the street will give TTWO its due. But that will happen as we get NBA 2K14 out there, WWE 2K14 out there, more sales info is provided, Xcom: Enemy Within out there, and earnings numbers are announced.
I wonder if TTWO should do a big buy-back right now. If the Street won't reward them with a higher share price then quietly buy-back your own shares to make the P/E ratio even more ridiculous by lowering the share count and thus raising the earnings.
They shoulda been buying back shares last year (&(*! Just #$%$ me off. They got options and they gonna grow shares outstanding. Stock was under 10 for awhile and they coudn't come up with cash to buy back even 10 million shares. It sucks.
Yes and on a serious note Z absolutely must start being more transparent about what they are working on and what is in the pipeline, ie, yes we are working on RDR 2 but you know these games take some so we don't yet have a launch window. Anything that would allow analysts to at least start making wild guesses at future revs and profits. Not sure he will ever cave to the Street, but until he does, this is what we get IMO.