>>The share price is based on future earnings. Those depend on sales,<<
Yep, and, in spite of the doom-and-gloom mewling, ERTS just reported a dandy Q worth of sales with another couple of record-setters on the way. Stay tuned.
>>Reviews are somewhat representative of game quality.<<
But not necessarily that of sales. In fact, the disparity has grown considerably over the past 10 years.
>>It still constantly surprises me how little you know about this sector<<
Wow, that observation truly defines the incisive insight of an industry veteran. Your list of qualifications in the VG sector includes...?
>>I feel sorry for your mom having to put up with this kind of thing in her basement.<<
Gosh-darn it! You've busted me once again! Now everyone knows...
"I have the nasty habit of calling a spade a spade. Or, in this case, a dumbass, a dumbass."
Your mirror called and asked you to stop talking to it. Please.
"I couldn't care less about reviews. Reviews are anecdotal fan-boy/rant-monkey fodder. The share price is empirical."
The share price is based on future earnings. Those depend on sales, which depend somewhat on game quality. Reviews are somewhat representative of game quality. This is likely why NBA Live isn't out on PS3. When games are heavily discounted at launch like Superman it's fair to assume that wasn't part of the original plan and the earnings contribution of that title is below plan. Does that mean it drags the company earnings down? Not necessarily but it definitely doesn't increase the chance of an upside surprise.
"I once again point out that it's gone up 30% since you reinforced just how much of a dumbass you truly are back in mid-July when you began your "contributions" to this thread."
I've been saying here and on other game boards for months that I like ERTS so nice try. It still constantly surprises me how little you know about this sector despite your suggestion you've been working in it since Babbage said "I have this idea...". You have very little to say except personal attacks and a declaration that if the stock price has gone up, or gone down, or stayed flat, that you're right and everyone else is a dumbass. I feel sorry for your mom having to put up with this kind of thing in her basement.
>>Your posts are full of high school level name calling in a vain attempt to cover their lack of substance.<<
I have the nasty habit of calling a spade a spade. Or, in this case, a dumbass, a dumbass.
>>I said it was late because it obviously wasn't ready, you said it was a deliberate marketing strategy to miss the cinema launch.<<
I said no such thing, dumbass.
>>It's now released, late, to terrible reviews and huge discounts and once again you go on the offensive rather than admit how very wrong you were.<<
I couldn't care less about reviews. Reviews are anecdotal fan-boy/rant-monkey fodder. The share price is empirical. Given that I care primarily about that kind of empirical data, I once again point out that it's gone up 30% since you reinforced just how much of a dumbass you truly are back in mid-July when you began your "contributions" to this thread.
I trust my empirical data is substantial enough?
Your posts are full of high school level name calling in a vain attempt to cover their lack of substance.
I said the game looked like a money pit, you said a "friend" said it was on track. I said it was late because it obviously wasn't ready, you said it was a deliberate marketing strategy to miss the cinema launch. It's now released, late, to terrible reviews and huge discounts and once again you go on the offensive rather than admit how very wrong you were. What does your "friend" tell you about the sales expectations and what does your "friend" tell you about the early sell through? Are they "on track"?
>>Looks like your "friend" who told you it was on track let you down.<<
Keep in mind that those foolish enough to subscribe to your sophomoric views would have missed the 30% pop ERTS has seen since your initial--and clueless--post on this subject.
Once again: I'm right. You're wrong. Rinse and repeat, dumbass.
"ERTS faced an odd alignment of console launch dates and the movie release. What would you recommend they do? Splinter the launch across a 5-month timeline in support of current-gen, plus-gen (360), and next-gen platforms? Retailers hate that approach with a passion."
Because retailers love delayed licensed games that average mid 50's in reviews. Looks like your "friend" who told you it was on track let you down.
>>I also know of two other big movie titles that will miss their film premieres next summer; one of them hasn't even really started yet. Why? Questionable tech decisions, and lousy pipeline management. Same old, same old, but on a bigger "next gen" scale!<<
Making games in general is hard enough, but making games based on movies is something only Dante could appreciate. I've had the distinct misfortune of working on two titles based on movie license, and all I can say is, "never again." Yea, you may hit gold with LOTR or HP-level seller, but the hoops a development team has to jump through to get a game on the shelves defies description.
Well I did a little digging into the S man, and my source says it is one of the biggest cluster
Yep, I'm long and expect to see >$55 in 12-18 months. IMHO, in addition to all the usually referred to catalysts, they will ultimately benefit much more from advertising than is currently expected.
I also think that the possibility exists for smaller game makers to either go out of business (due to not being able to withstand the transition period and higher game making costs), or be acquired by bigger companies like ERTS. The later is more probable (not necessarily ERTS but possibly) and either way it equates to less competition.
The consumer will adjust to high gas prices. Even if they decide to make some cutbacks, people always want entertainment. Some may take less trips (air or car) or eat out less but that will free up $$ for "home entertainment". IMHO (as far as entertainment goes), people will cut back on spending an arm- and-leg to go to the movies and/or going out to eat first. I believe that some of the plays are the "home entertainment" stocks like game makers, home movie delivery services, and, get this, alcohol stocks because if/when people feel a Little down they want to "escape" by either drinking a "little", playing in a make believe world, watching movies at home, or some combination of these.
Yep, my calls are games, movies, and alcohol (I prefer spirits). Oh yea, of course you need some oil/metals exposure(probably 10-20% of portfolio).
Good luck all!!
>>If you really believed your predictions you'd have put your money where your mouth was.<<
LOL! Please take note of the times I posted my multiple short positions on TTWO over the past several months.