I'm surprised this hasn't been discussed here yet, but is anyone here thinking TTWO is a buying opportunity at this point?
The stock has plummeted from a series of bad news that have now been priced into the stock...most of which is past news. The GTA4 delay was the latest set back from TTWO, but the simExchange report argues that the delay will not affect the lifetime sales of GTA4 in a material way (as seen by the GTA4 stocks on the simexchange).
We are expecting Bioshock to be a blockbuster game...has Wall Street priced this in? Or should we wait until July NPD comes out if the market has not fully priced in how bad All Pro Football has been?
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The stock has plummeted from a series of bad news that have now been priced into the stock...most of which is past news. The GTA4 delay was the latest set back from TTWO, but the simExchange report argues that the delay will not affect the lifetime sales of GTA4 in a material way (as seen by the GTA4 stocks on the simexchange).
We are expecting Bioshock to be a blockbuster game...has Wall Street priced this in? Or should we wait until July NPD comes out if the market has not fully priced in how bad All Pro Football has been?