The drop the day before yesterday was good, but I still think this stock is very overvalued. Check my previous comments for the analysis. I think this game will sell 80K world-wide. We're still 12DKP above this. There's still a lot of DKP to be made in this stock (the stock is overvalued by around 60%!). The new market maker means stocks like these can move very quickly, so you better get your shorts in fast!
If anyone does want to post a counter-arguement or thinks I made an incorrect assumption or estimation, feel free to make your self heard. This will help us reach a more accurate target price for this stock and will give this stock more exposure leading to more people shorting the stock. Two heads are better than one, as they say. I'm not completely sure on my 80K figure, I'm thinking it could be lower than that, but I'm not sure how game sales work when you get to as low as this. I'm thinking the number shipped by Ubisoft could be lower than 80K considering they've publicly stated that they're own Wii games suck and with sales that we know of being very low, few retailers would order more stock due to there being low demand for the game.
So, yeah, feel free to post your opinions.
Also, KultofCows (the admin/creator/architect of the simExchange) is developing some type of new super trading system that will help stocks like these to move to more accurate stock prices instead of stagnating. I'm not sure how long it'll take to develop and impliment this new trading system, but this stock will probably drop like a stone when it is introduced.
Look at the comment and argument Starless has made in the last post on this stock.
"I estimate this will sell around 80,000 world-wide. This means this stock is overvalued by around 22DKP or 73%! This is one of the most overvalued stocks on The Simexchange and I definitely suggest shorting this stock."
No other person has offered a counter-argument. This needs to be shorted. If you can read this, short this.
The week after it rose to 9th, its highest position and has been steadily falling down the charts. It is now at 18th place and will likely fall out of the chart all together in a week or two. The most important thing to note is that this game has NEVER once entered the top 40 for games on all platforms.
This game sold only 20,321 during the "April" NPD period. The game was avaliable for the full month of April. Npd is the definitive source of sales data and is basically considered fact. This is nearly a third of what VGCharts predicted.
Position 89. I think VGCharts overestimating this game's sales is one of the reasons why this stock is still overvalued. VGCharts is only an estimate and should never be considered fact.
There is no plan to release this game in Japan and so this game obviously won't sell any copies in Japan.
I estimate this will sell around 80,000 world-wide. This means this stock is overvalued by around 22DKP or 73%! This is one of the most overvalued stocks on The Simexchange and I definitely suggest shorting this stock.
[Note: To those who have seen this before, I basically just copied my previous comment to get more people to look at this stock. Please don't bid this down because of this. I suspect this is the only way this stock will fall down to a more suitable level.]
Looks like this has fallen under the radar. This stock is still massively overvalued. I still stand by my 80K prediction (in fact, I feel that may be a too optimistic view), which would make the overvalued by 24DKP or around 75%! For those who are not shorting because VGCharts has this game at around 70K sold, please look at my other comments on this stock page. NPD (the official source for sales data) has shown that this game sold around one third of what VGCharts is predicting. There is no Japanese release planned (and it's very, very unlikely they'll be one announced) and PAL sales were discussed in my previous comments.
As I said before, this'll sell around 80K in total and is very, very overvalued at its current price. SHORT THIS STOCK!!!
The week after it rose to 9th, its highest position and has been steadily falling down the charts. It is now at 18th place and will likely fall out of the chart all together in a week or two. The most important thing to note is that this game has NEVER once entered the top 40 for games on all platforms.
Those are Australian sales charts for the two weeks after this game's release. This game doesn't appear anywhere on those charts, not even the Wii top 10.
As my previous post stated, this game sold only 20,321 during the "April" NPD period. This is nearly a third of what VGCharts predicted.
According to NPD (that site's source), this game has sold 20,321 in the US in NPD's "April" period. This game was released on 3 April so it was avaliable for the full NPD period. The "April" NPD period started just after this game's release, so total sales would be a couple thousand above that figure.
Right now selling 5600 a week, at 64k American sales. Even the best-selling versions of the Sands of Time Series (the PS2 versions) never registered Japanese sales but we can expect about 50-65% of total sales to come from other territories. Over 500,000 sold is much too high. This stock likely won't get to 120k American and you can guess about another 150-200k from others. This stock should be down around 30-35DKP.
VGChartz is estimating its sales through April 22nd to be only 51,000 (10k a week now). The Prince of Persia games never sell in Japan but can get decent sales in Europe.
However, this stock is wildly overpriced and should probably be below 40, if not 30.
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