With all the new IPOs, there are bound to be some stocks that go unnoticed but are probably overpriced, I think this is one of them, given the current information.
I do not know where this stock should be, but double the 800k figure I cited would seem reasonable. The problem is I have not been able to verify whether that 800k figure is for all platforms or just a specific platform. If it is for all platforms then this stock might need to drop some more, if it is for a specific platform then the current price seems reasonable. As there is little information on this game currently, I will need to wait and see more information before I make a better prediction.
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With all the new IPOs, there are bound to be some stocks that go unnoticed but are probably overpriced, I think this is one of them, given the current information.
@mrahaju,
I do not know where this stock should be, but double the 800k figure I cited would seem reasonable. The problem is I have not been able to verify whether that 800k figure is for all platforms or just a specific platform. If it is for all platforms then this stock might need to drop some more, if it is for a specific platform then the current price seems reasonable. As there is little information on this game currently, I will need to wait and see more information before I make a better prediction.