Here are three things you should consider before buying any stock on this site, so you can start using your own deductive skills rather than relying on the words of others (who may be trying to manipulate you into a buy/sell position based off their own):
1. This site, as much as it holds dear to the idea of the market, only gains extremely accurate measures over time. As the game comes out and sells/does not sell, the price is adjusted accordingly. While the market might be more accurate than a paid analyst, it can only be more accurate once before the numbers come out on the game. The analyst isn't allowed to change his mind on his original prediction.
That being said, there are often hopes and dreams (irrational ideas) that many of INSERT FAVORITE UPCOMING GAME HERE will sell more than other games, and so people will buy into the game ( http://www.thesimexchange.com/stock.php?id=83 ).
Some observations can and do hold more water that others (attach rates on games, when a stock is far under/overvalued based off sales of the previous game) but it does not indicate whether or not the game will be better or sell more. Look at Halo 1 to Halo 2 or GTA2 to GTA3 for different examples of this in action.
2. Over time until the games release, if the game is a big name with a large fanbase, you can rely on these people to push up the price of the stock price so that some profit can be made in the short term.
Just as many stock prices are not direct correlations of their price/earnings ratio (look at Google or Coca-cola, their stock prices are not bound to the actual revenue they make, but a multiplier based off other factors such as brand strength and market percentage), many share prices on here are large oversellings of what the game will realistically sell.
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1. This site, as much as it holds dear to the idea of the market, only gains extremely accurate measures over time. As the game comes out and sells/does not sell, the price is adjusted accordingly. While the market might be more accurate than a paid analyst, it can only be more accurate once before the numbers come out on the game. The analyst isn't allowed to change his mind on his original prediction.
That being said, there are often hopes and dreams (irrational ideas) that many of INSERT FAVORITE UPCOMING GAME HERE will sell more than other games, and so people will buy into the game ( http://www.thesimexchange.com/stock.php?id=83 ).
Some observations can and do hold more water that others (attach rates on games, when a stock is far under/overvalued based off sales of the previous game) but it does not indicate whether or not the game will be better or sell more. Look at Halo 1 to Halo 2 or GTA2 to GTA3 for different examples of this in action.
2. Over time until the games release, if the game is a big name with a large fanbase, you can rely on these people to push up the price of the stock price so that some profit can be made in the short term.
Just as many stock prices are not direct correlations of their price/earnings ratio (look at Google or Coca-cola, their stock prices are not bound to the actual revenue they make, but a multiplier based off other factors such as brand strength and market percentage), many share prices on here are large oversellings of what the game will realistically sell.
So do you feel lucky?