Thi$ $tock is in overpriced & overbought territory. Fact i$ that everybody$ aware that V i$ coming out & will $ell well. That mean$ it$ priced into the $tock. Thi$ company perpetually lo$e$ money even with their $upo$ed "great franchi$e" relea$es. Let$ also not be too quick to forget the $andy Hook bla$ting that will come back to haunt thi$ indu$try. Every $ingle piece of good new$ i$ priced into thi$ thing.
One more thing-----Ubisofts upcoming game WATCH DOGS. The game i$ due for relea$e around the $ame time a$ V. It i$ getting incredible review$, i$ open world like V, ha$ better graphic$ and an actual $toryline. If you havnt $een it yet Id pull up the trailer and gameplay on YouTube and $ee ju$t how $crewed V and TTWO might be.
Fair value i$ around $10 and that$ where I will cover. Thi$ company ha$ to prove they can actually make $ and not lo$e it Q after Q.
Sentiment: Strong Sell
I don't agree. Watch Dogs is nothing compared to GTA. Sandy what? The negative surge behind that towards video games has subsided. This company has some huge releases coming out soon and you would be stupid to short this stock before the summer. There's just too many positive catalysts coming in the next few months. So unless you like to gamble, I'd go short another stock.
By the way, the way you type is only acceptable if you're a kid. A really immature kid.
Well thi$ kid i$ about to make $100k when thi$ goe$ back to $8 where it belong$. You keepa talking about cataly$t$. Ya, a$ an a$tute $hort im aware of them a$ you are.....that$ the rub though....good new$, cataly$t$, and expected great $ale$ are baked into the po$'$ pp$.
Everyone has heard about Sandy Hook. It's already priced into the stock.
BTW, Watch Dogs? I don't care about Watch Dogs, but I'd bet Ubisoft is smart enough not to release it anywhere near GTA.