Lapperscrapper: some interesting insight into your own decisions. I really appreciate that someone would explain how they blew it and lost a bunch of cash. I've made similar mistakes with other stocks: taking a position without enough research and based on how I think the market might perform instead of how the game might actually sell.
So now, as a rule of thumb I only invest based on how I actually think games will sell. That way, I only lose if my sales predictions are wrong, not if I guess wrongly on how other simExchangers might think and play the game. If I think a stock will perform vastly different from my sales expectations in the middle-term or long-term, I'll avoid taking a large position on the game at that time; I won't take the opposite position.
In this case, I thought the stock would perform different from my expectations only in the short term, ie that second day drop. But I just held on, and now the stock has recovered and should keep climbing, and I stand to make a bunch of DKP.
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So now, as a rule of thumb I only invest based on how I actually think games will sell. That way, I only lose if my sales predictions are wrong, not if I guess wrongly on how other simExchangers might think and play the game. If I think a stock will perform vastly different from my sales expectations in the middle-term or long-term, I'll avoid taking a large position on the game at that time; I won't take the opposite position.
In this case, I thought the stock would perform different from my expectations only in the short term, ie that second day drop. But I just held on, and now the stock has recovered and should keep climbing, and I stand to make a bunch of DKP.