% | $
Quotes you view appear here for quick access.

Take-Two Interactive Software Inc. Message Board

  • redzombie85 redzombie85 Oct 8, 2013 5:20 PM Flag

    We were at 16.99 before last earnings, all the following has happened

    the following news happened:

    -Guidance got raised.

    -The fall quarter was projected to have 800-1.2 billion in revenue. GTA did 1 billion in the first 3days. So the game did way better then anyone thought it would.

    -We got praised from Baron's.

    -The price target from analysis has been raised.

    -We beat EPS during that earnings.

    -The NASDAQ is up 2.7% since that day. So don't blame the markets for crashing TTWO.

    -Micro transactions got announced for GTA

    -China lift the ban on video game sales

    -GTA 5 became one of the highest rated games of all time.

    -GTA 5 did not get delayed like some of the bears thought it would.

    Now the stock is $.19 below the price before all that news got announced.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The current valuation at $1,6B is just rediculous. GTA 5 will be a huge success, probably raking in more than $5 billion over the next 4-5 years until GTA 6 will arrive which will most likely be an even bigger success than its predecessor given the fact that the market will be much, much larger at that point. I am looking forward to early retirement with my 8800 stocks.

      Sentiment: Strong Buy

    • good points. SO WHAT IN THE HECK IS GOING ON???

    • globull Oct 8, 2013 5:35 PM Flag

      Don't see the firesale lasting too long here. How much further can the stock really fall? The company could have more cash than its current market cap by December. That would make it a very attractive takeover target from a number of suitors. I feel very comfy holding shares here at this valuation with a market meltdown or not.

35.99-1.98(-5.21%)Jun 24 4:00 PMEDT