@KultofCows, I don't agree that the GLS & future are "basically unchanged". GLS went down from 700 in Oct 23 to 550 in Nov 18, less than one month later. Losing 20% of its value in 25 days is a significant difference, in my book.
Nov future went from 58.8 in Oct 4 to 29.88 in Nov 18, a 50% loss in 6 weeks. Very big loss.
The only one that didn't change much is Dec, but there is a reason for that. :D
Just like Joe80 mentioned, it is too early to short this. IF the November future showed continued, or even worse, weakness for this game, then it is time to short the GLS further.
If this game is on X360, I am pretty sure that the GLS would be 2 Million or lower. M&S Olympic Summer teach us to be careful of its legs.
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I don't agree that the GLS & future are "basically unchanged". GLS went down from 700 in Oct 23 to 550 in Nov 18, less than one month later. Losing 20% of its value in 25 days is a significant difference, in my book.
Nov future went from 58.8 in Oct 4 to 29.88 in Nov 18, a 50% loss in 6 weeks. Very big loss.
The only one that didn't change much is Dec, but there is a reason for that. :D
Just like Joe80 mentioned, it is too early to short this. IF the November future showed continued, or even worse, weakness for this game, then it is time to short the GLS further.
If this game is on X360, I am pretty sure that the GLS would be 2 Million or lower. M&S Olympic Summer teach us to be careful of its legs.