Another issue around needing to see a much longer trend IMO. The first several million can still be hardcore or early adopters IMO. Let's see them hit their numbers by March, after the holidays, and then into holiday season next year before we call it a victory. I think GTA itself proved more so far then machine sales at this point.
Spec, what concerns me is that he specifies non GAAP profitable. I know everyone reports that way, but let's face it, around here that is setting up for a technical one cent profit, if necessary. Street wants visibility, period. It's that simple and not coming any time soon IMO.
I'm out too at a loss that leaves me at about even which sucks as their were a lot of gains along the way. Happy holidays to all.
Sheep my only point is we've had so many catalysts and none have moved the price much and it's even fallen yet you list more possible events expecting something different to happen this tome.
Sorry sheep but there is that broken record again. Same movie same ending. What more other than a buyout will move this up significantly?
Haven't looked very specifically at them but based on all of the recent mind boggling activity around here I would certainly not think it is a simple long trade.
Mav, they wouldn't take them at or slightly above the strike. They paid something to you for the calls, so they would at least want it that much higher than the strike. If I paid you 50 cents for an 18 dollar call, why would I buy your shares for 18 dollars if the stock is at 18.01? I would just let it go. It is more likely they are buying into the expectation of a significant move and would not execute until deeper into 18 and likely even higher IMO.
The strangest thing about this is that I really don't see any benefit since it didn't cross FY or have any tax savings that I can think of. I am an accountant as well and wonder if this was her call or the auditors. Either way, it still doesn't make much sense.
Atrade has two reiterates under ttwo headlines. Both holds with one raising pt from 17-18. I believe that was from jeffries as nd can't recall the other.
How is today the last day? It's not even quarter end. There will be year end window dressing near year end.
Whew! Thought you were suggesting a $4 share price for a second there. Not that it would shock me based on recent results and action!
Sheep. Installed base will be a fraction of current and they have yet to buy back any stock and are not obligated to do so. And unless z has plans to tank the price, I don't think they buy back at current or higher prices.
Ttwo has been a good trade for a long time. Would love a nice spike on earnings tomorrow but never bank on such things over there. About to get some lgf now.