So the opening data is in...multiple opening day records for ANY entertainment product broken...play time overwhelms every other game across the board...pace of sales according to various sources from gamasutra, gamebiz daily, analysts and even the Inquirer ( which rarely comments on Games) is set to outpace not just the Halos before it but most every AAA title release before it. Reviews positive across the board. Christmas shopping begins in earnest and with no new hardware release this winter (even in the PC realm...well Barcelona launch..meh) it will be all about the software, the games.
And consider that sales usually grow or remain steady during the holiday season...so the launch was also perfect timed to grab the shoppers in November and December.
SO why in all that is is supposedly data based and predictive...is the share price of HALO 3 FALLING?!?!?
The futures are all going up. The volume of trading remains steady. Yet the share price is falling.
Is this just a simple case of the market losing touch with reality? Something sinister? Or is the market really in tune with reality and nothing sinister going on? Just alot of people selling to profit over the gain of 22nd?
Wait, didn't we have data come out that justifies gains in price from the 25th and on?
However recently, I have seen the same bewildering phenomenon where the data justifies an increase and the price plummets. Or data justifies a decrease..and the shares increase.
I would argue that the share market has lost touch with reality and is becoming more and more useless as a predictive indicator and is moving to its own internal masturbatory beat. I would argue that this has been known by the developers and is behind some of the reason to the shift in focus to the Futures where the short duration and short term scope limits the ability of the market to meander in its own surreal way.
Its inevitable I guess, as less and less people look at data and more speculative elements come in.
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And consider that sales usually grow or remain steady during the holiday season...so the launch was also perfect timed to grab the shoppers in November and December.
SO why in all that is is supposedly data based and predictive...is the share price of HALO 3 FALLING?!?!?
The futures are all going up. The volume of trading remains steady. Yet the share price is falling.
Is this just a simple case of the market losing touch with reality? Something sinister? Or is the market really in tune with reality and nothing sinister going on? Just alot of people selling to profit over the gain of 22nd?
Wait, didn't we have data come out that justifies gains in price from the 25th and on?
However recently, I have seen the same bewildering phenomenon where the data justifies an increase and the price plummets. Or data justifies a decrease..and the shares increase.
I would argue that the share market has lost touch with reality and is becoming more and more useless as a predictive indicator and is moving to its own internal masturbatory beat. I would argue that this has been known by the developers and is behind some of the reason to the shift in focus to the Futures where the short duration and short term scope limits the ability of the market to meander in its own surreal way.
Its inevitable I guess, as less and less people look at data and more speculative elements come in.
I do understand we are talking lifetime sales.