Sorry to interrupt your heated argument, but how is it possible for this stock to be declining? Is someone seriously selling at a negative, or is there some other factor at play?
Agreed. Although the release of GTA 4 will push sales of the PS3 in North America and Europe, it seems highly unlikely that the user base will be able to support sales of this magnitude any time in the near future.
I would hasten a guess that it will take as long as late early 2009 at the earliest for it to even be possible.
GTA sales were basically the same for Vice City and San Andreas (combing PS2 and XB sales) at about 16.5 million. Those were with a combined install base of roughly 135 million consoles.
Right now these two stocks are priced at a combined 14 million plus with an install base of 13 million (with another 7 months of console sales to go, but that's not gonna lead to 120 million PS3s and 360s sold). Even the simexchange predicted lifetime totals for those consoles (both overpriced IMO) only come to just over 100 million.
These stocks are overpriced considering that the install base simply doesn't exist for them.
Personally I think that both versions of this stock are still undervalued and that they have some room to grow. These are probably ATM some of the best stocks to invest in based on the amount of volume moving through them in the last couple days, opening day they collectively moved 12 million DKP into them, and today another 4 million DKP went into them. This franchise is still a strong franchise and is almost certainly going to sell well on both systems.
fanatics? personally im lost at what youre getting at with this percentage thing so im giving up on understanding actually arguing im just going to continue my climb to the top.
I didn't say 1-5% beat GTA I said that maybe 1-5% are the fanatics that would HAVE to get every version. YOU are the one that brought that up and I am mearly saying that the number of people that are like that are very few and not likely to highly affect the total sales #s.
I also said that 1-5% was out of my ass and not verifiable number...just like your position that there are 'lots' of people like this is non verifiable.
yet again you are wrong.both of you. beating gta is an art. many people do it not just 1 to 5% its like claiming 1to 5% of people beat halo. thats what you would call a dipshit thought. second u can second if you like i personally dont care for im not even invested in this stock. third the difference between gta3 and san andreas is that gta3 whne released people didnt even know what gta was. you would be lucky if you could find gta2 in the discount bin. so gta3 established the franchise essentiallyt and with vice city and san andreas this franchises support grew. also most people rented gta3 didnt buy since they hadnt heard of the franchise before.
Such collectors would make up a tiny fraction of buyers. Again, look at the sales numbers. The Stories series has sold a fraction of what the main entries does.
The vast majority of GTA players aren't buying everything with the name on it. Why did the sales of GTA3 and San Andreas differ by 3 million units (5 if you count x-box)?
i disagree laoldar u dont understand people will still buy the old versions no matter what for the collection. they dont care if they beat it or not or if a newer one is out its a sense of accomplishemtn for people to say ive beaten all the gta's
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