Right after Obama spoke, Boehner said he will not do an unconditional deal. Seems both sides are stuck, and nether want to give in. I'm guessing if they give in they feel they have lost and egos are more important. I could see this lasting a long long time, like months.
I'm not asking who is right or wrong just does anyone see how this is going to get solved?
I think the bridge has been burned. Why would anyone want to buy TTWO after GTA 5 sales, you would want TTWO before GTA 5 sales so they could show on your companies balance sheet. They tried buying TTWO before GTA 4 release, not after.
the following news happened:
-Guidance got raised.
-The fall quarter was projected to have 800-1.2 billion in revenue. GTA did 1 billion in the first 3days. So the game did way better then anyone thought it would.
-We got praised from Baron's.
-The price target from analysis has been raised.
-We beat EPS during that earnings.
-The NASDAQ is up 2.7% since that day. So don't blame the markets for crashing TTWO.
-Micro transactions got announced for GTA
-China lift the ban on video game sales
-GTA 5 became one of the highest rated games of all time.
-GTA 5 did not get delayed like some of the bears thought it would.
Now the stock is $.19 below the price before all that news got announced.
why would you want a dividend that is suicide for TTWO. If your going to give 500m to a dividend what happens next year? Nothing the company has nothing to show for that 500million because it is gone.
Buyback stocks will decrease the amount of shares out there and increase EPS since there is less shares. It will also let you sell them back at a later date if the company needs liquidity.
so the shares are cheaper and the company becomes cheaper and i'm going to sell because of a chart? No thanks.
I'm getting upset at the company for keeping GTA sales quiet. Granted they will get announced during earnings but you announce it know the stock could get to 18 easily tomorrow and go up on earnings when you raise guidance. You announce both on earnings the stock might be at 16 the way its going and the news will send the stock up 10% to mid 17s
You only get 500-1500 for missions and small apartments are 125k, not to mention your buying guns, ammo, lose money when you die, and etc.
This could cause consumers to spend real cash for in game cash.
I'm giving up on GTA 5 personally I do not enjoy the GTA series, I tried to like this one. However I still find this company to be extremely cheap.
One of my first stocks was IMAX and during AVATAR the stock didn't move much but the movie was doing excellent. Come earnings the stock took off. Hoping the same happens with TTWO w/ GTA 5
I believe its the 3rd friday of every month for TTWO some stocks are different. Like Apple has weekly options. TTWO has monthly options.
Max pain is currently at 18.00
It could go up 10% my concern however is the stock could be 16.50 and only go up to 18.10.
If this is true that could be bad for TTWO downgrades cause take two to go down 5-8% but upgrades will only cause TTWO to go up 1-2%