@daedelus, if you check out the comments from a while back, I think a lot of people were worried about how many people would get the expansion due to how few players can actually make use of the level 61-70 content in Outworld. I think those concerns were warranted as a very small percentage of players even make it to end game raids and can afford epic mounts. How many players would buy an expansion of even harder to get stuff?
The other factor was that there was a lot of uncertainty over what exactly was considered a subscriber. A lot of people thought subscriber numbers where the total number of people who had ever been on WoW. In that case, an expansion forecasted to sell 70% the number of original copies is absurd.
However, since we now know for certain how subscribers are accounted and we have the first day sales, this stock is looking undervalued.
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The other factor was that there was a lot of uncertainty over what exactly was considered a subscriber. A lot of people thought subscriber numbers where the total number of people who had ever been on WoW. In that case, an expansion forecasted to sell 70% the number of original copies is absurd.
However, since we now know for certain how subscribers are accounted and we have the first day sales, this stock is looking undervalued.