I am in this stock and love their games. I do alot of my own research and feel this stock will shoot up and is undervalue.
My only concern is that amazon and walmart had great price deals on RDR. For example buy this game at their store and get 20 dollar gift certificate. My only concern is did ttwo give these stores a price break. Not so sure ttwo can afford it due to their balance sheet.
If you look at the posts on this board over the last few days you'll see that there's been alot of discussion about that and the consensus is that these promotions are not being funded by Take Two but rather are an indication of how significant the retailers think this title will be in that they are willing to enter into a price war on the game in order to insure that they get the traffic from the sales. They are using it as a loss leader. Or is that lost leader? Anyway it's only good news for TTWO.
No, if anything the stores have recognized the demand for this title and are using it as a "loss-leader" in order to generate other sales within their stores. No loss to TTWO, but a great sign that demand is high.