Saw the 3k calls myself early in the day and wondered if they would hype it. Sure enough they did. Guess it will skyrocket or plummet now, or maybe stand still. That's my prediction and worth every penny you paid for it! No position, but always watching!
Not sure what is going on here and have been reading but not posting, but I think it's the same old complaint about R* title secrecy. Sure they publish a pipeline, but not as transparent as EA or ATVI IMO. We all know when COD is coming, every year, we even know when Star Wars is coming, but we know nothing about RDR sequel and everyone knows that will be huge. So we get a pipeline, missing the most important title IMO. Doesn't seem to matter based on current share price, that's for sure.
Same old song and dance and I mean that in a very neutral way. TTWO marches to its own beat and is worth a tenth of the others ATVI and EA because of that IMO. I have a small number of age old shares in a retirement fund and still trade options from time to time. Still wish they would give more clarity on the pipeline despite what some on this board feel is a clear pipeline, it is nowhere near as clear as the others and is part of the reason for the relatively lower valuation. Also think it would be a great addition to either EA or ATVI provided they don't ruin, which they certainly might. As always, the gamer in me would hate to see damage done to TTWO, but the trader/investor in me would be ok as long as I was holding some calls if a deal were to happen!
Nailed all of them pretty well, but I am always on the pipeline issue. The other companies have regular, dependable schedules and they regularly keep their investors informed. It's always a guessing game around here. Even now, has our AAA game been announced? Was it Civ? Is it something else? Who knows? I used to believe they were holding back surprises like RDR Remaster or even RDR2, but no more. If they had something worth announcing, they would. Still think it would be a great acquisition for EA or ATVI especially with their shares so high. Of course been thinking that since before the 2008 EA attempt FWIW.
Interviewed by CNBC and almost wanted to believe they were baiting him but doubt they really knew what they were doing or talking about. He did his typical dodging of any detailed answers. They specifically mentioned the lack of visibility and he just danced around it. Then Amanda specifically asked about Red Dead in 2017 and how confident he was that it would be a hit. He did not directly answer, question the info, or confirm any such release, but instead danced some more. Really getting old with this BS.