Minus a Sandy Im now projecting ttwo to move above $24 in 2014. In fact, after next months earnings report I think we will head above $20 finaly. We will get a bunch of holiday numbers coupled with the earnings of GTA Online, along with IP reveal(s) all behind the fact that the share count has been reduced considerably. Should be a blowout Q again.
Agree 2k14 is selling like mad and we are set to nearly double the amount of next gen consoles sold by January after the post holiday gift card blitz.
Methinks not. In fact i would say we could reach 2000 as early as Febuary as i project we will close the year above $185.
The harder they bash and the more the media screams "crash" the higher she goes. Way too strong now with too much daily recognotion.
Budget deal along with market hovering at intermediate pivot coupled with demand for a holiday rally. I would not be surprised to see spy @ $164 by Friday.
Thats all we read about all week long was da big crash. That lasted all of 3 days. Next stop $2000 by Christmas.
LOL you gold bugs on a weekly timeframe. This will collapse $1.5 from here this wee and another $2 this month. Its over. The gold trade is over. Bitcoins are the new gold. Gold is a tampered manipulated scam that puts the USD even to shame.
Only bitcoin can disrupt the systems of wall street profligates and their grossly manipulated gold and fiat currency.
What will 2014 hold? Same formula.
Really have not thought about it. My gains in bitcoin this year have brought me everything i would have gotten with a phd and working 20 years. Sucker.
Honestly that thing seems too strong. A Chinese bank ban really couldnt get it to sell off as its near $1000 still. Im not so sure an outright US ban would do much to the price. Trying to chart Bitcoin like a stock, gold or currency really might not work. Sure the chart looks like an exponential bubble chart poised to crash but the problem is there is no way to short it or really manipulate it. A single Bitcoin etf alone could easily spike Bitcoin 100% because there is so little money ($6B) making up Bitcoin so far. Lastly, not many people even know what Bitcoin is. Its not even a recognized word in tge dictionaries yet. I might buy a few with the knowledge it might go to zero but would it surprise anyone to see $10,000 in 2014?
News was filled with bitcoin crash stories over the weekend. This message board was filled with myopic idiots saying it was "all over". What happened? Wrong again? Will they be brutally embarrassed again on the next bitcoin spike wirse than they were when they were crying "bubble" @ $200??
So stupid. An inherently inflationary (cost to store and insurance) heavy, intrinsically worthless metal. This will fall straight through the floor into sub-$1000 hell over the next 3 months. Any transient spike in gold this month will have tax sellers and trapped longs licking their chops to exit. $1100 before January.
I would have to go with gold. The volatility, manipulation and dirty history put even the QE USD to shame. Few commodities are manipulated more than gold. Shocks me as to how gold has been able to stay above $850 this year. I expect a settling in at $750 in 2014.