What does the board think about TTWO not releasing any paid DLC in order to focus completely on gta online, but making all the updates available only for PC and PS4/XBONE ? Im guessing their strategy here is to try and force last gen gta players to buy a copy of the new gen GTA. But l think it risks alienating an enormous last gen consumer base for little reward. The amount of people that are willing to buy a next gen console and another GTA V game just to play an update for GTA Online I think is much smaller than the amount of people who would buy a PDLC. What does the board think?
But wasup if zelnick didnt have this incredibly stupid rule that he wont discuss or announce the future pipeline at earnings calls then I guarantee you that the share price would be $42 right now.
Maybe, but again I have the same complaint year after year regarding this. If they are going to announce the game at E3, then why the F dont they just say - " More will be revealed at E3, look for us there!!" Why dont they hype it up and build excitement??? They missed a great opportunity to send the share price up huge by not promoting their E3 presence!!!!! If we are going to find out shortly, then JUST SAY THAT!!
And management has to buy back as many shares as it takes to keep it above that price and absolutely hold the line at $25.50 or back to $20 we will go
another terrible conference call from Z and management. zelnick sounds like a broken record with his usual B S. he wouldnt even give a tiny bit of color on the new mystery AAA title from 2k. I am so sick of that #$%$, it is a game company not the pentagon
What the heck is wrong with zelnick??????!!!! How could you not confirm that at least its coming at some point????!!! They absolutely have to release a gta v dlc, its a no brainer, how could they not???? zelnick needs to be fired.
And what we really need is to break through resistance at $26 bucks otherwise we are going back down to low 20's. We better not get a Z bomb on the CC or we are going back to $18.
benchmark released a price target downgrade this morning - "The Benchmark Company lowers their TTWO tgt to $31.29 from $34.99 noting they suspect co's sales guidance for the period has been compromised (somewhat discounted) from the delay of GTA V for PC, the apparent underwhelming performance from Evolve and negative FX trends; offset somewhat by firm's expectation for continued strength in digital sales and related margin benefits, along with strong back catalog performance. Previously, co has exceeded guidance for 10 straight quarters, and management credibility remains high."
lol homer, no clarity for the pipeline is causing the share price to slow bleed to death after another tremedously profitable quarter. Management is incredibly incompetent. And now we are back to that same old fantasy hope of a buyout to save us. Lol the more things change the more they stay the same.
Disappeared for me as well about 3 weeks ago. I thought maybe yahoo did it to FINALLY get rid of spam posts, but alas it seems clear that I was giving yahoo way too much credit because the spam has not subsided one bit. F yahoo, they are a joke, they cant even run a rudimentary message board.
I agree. Zelnick has way too big of an ego and wont allow himself to look so stupid. I think they sandbagged this quarter like they always do and management must think they will make their numbers regardless. However I am worried that Zelnick and management are out of touch with reality and dont realize that Evolve's sales number are getting destroyed from the dlc backlash. I fear they are out of touch because they failed to see before the game release that the dlc would create a backlash and Zelnick dismissed the backlash early on as trivial. Big mistake. But then again management and Zelnick are the ones looking at concrete sales figures, while we are just blindly guessing. I think the game must be selling well enough to make the numbers and management knows this because Im sure they are getting daily sales updates.
THIS IS THE MOST MANIPULATED STOCK I HAVE EVER SEEN! After one of the most stupendous quarters in TTWOs history, the market manipulators send this stock down 2% !!!??!! What a load of #$%$.