@deftangel, Looks like my Europe prediction for M&S is too high. I assumed 3 Million, using UK = 33% of Europe, while it should be using 42%. This in reinforced by the fact that France, the 2nd biggest Europe Market, only have 700K combined sales. If we assumed 400-450K Wii version sales, it means 1.5 Million for UK+France, which is about 60% - 65% of Europe. German, the 3rd market, is big, but mostly PC based. 2.5 Million for Europe should be closer to actual.
Having said that, shorting this stock is one of stupid thing I have ever done. I forgot that I shouldn't put a short when the profit margin is so low, especially against Wii games.
Well, luckily I am not too deep into this one (only 1 Million DKP short, after partial bail out today), so not big potential loss for me (of course, losing DKP still hurts :D ).
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Looks like my Europe prediction for M&S is too high. I assumed 3 Million, using UK = 33% of Europe, while it should be using 42%. This in reinforced by the fact that France, the 2nd biggest Europe Market, only have 700K combined sales. If we assumed 400-450K Wii version sales, it means 1.5 Million for UK+France, which is about 60% - 65% of Europe. German, the 3rd market, is big, but mostly PC based. 2.5 Million for Europe should be closer to actual.
Having said that, shorting this stock is one of stupid thing I have ever done. I forgot that I shouldn't put a short when the profit margin is so low, especially against Wii games.
Well, luckily I am not too deep into this one (only 1 Million DKP short, after partial bail out today), so not big potential loss for me (of course, losing DKP still hurts :D ).