Confirmation that sales are 'approx' 2 million "I can take just one example of Heavy Rain," Quantic Dream co-founder Guillaume de Fondaumiere told GamesIndustry.biz. "We basically sold to date approximately two million units. We know from the Trophy system that probably more than three million people bought this game and played it (he is talking about rental/used sales accounting for the extra 1million)
Indigo Prophecy was on multiple platforms (Xbox, PS2, PC), so I was trying to confirm whether the 800,000 copies sold number I cited for that game was for one platform, or for all of them combined. I cited that game because it is by the same developer as Heavy Rain, so wanted some numbers from their previous games for comparison.
With all the new IPOs, there are bound to be some stocks that go unnoticed but are probably overpriced, I think this is one of them, given the current information.
I do not know where this stock should be, but double the 800k figure I cited would seem reasonable. The problem is I have not been able to verify whether that 800k figure is for all platforms or just a specific platform. If it is for all platforms then this stock might need to drop some more, if it is for a specific platform then the current price seems reasonable. As there is little information on this game currently, I will need to wait and see more information before I make a better prediction.
@GoblinMerchant, I shorted this stock at IPO Phase 2, at 235.07 price point. Thanks to whoever drove down this stock, and who put a barrier at 150, I managed to close out my position at a signficant profit.
What do you all think this one should be priced at ? Did I jumped out too early ? I choose to bail out because 150 is at double the 800K mentioned by Gaara42, so it is a reasonable point for me to jump out.
@Gaara42, Are you the one driving down the price today ?
I also believed that the GLS should be less than 2 Million, but you know about this kind of game (full of hype). What you believe might not be what the other believe. :)
Dislaimer : I have some small short on this stock.
For an unproven title that seems to be aimed at a new style of play (or at least a much less popular style along the lines of Indigo Prophecy), we are expecting 2.34 million in sales? Can someone explain the high expectations? I found that Indigo Prophecy sold around 800,000 copies, though it is not clear if that is just for one platform or for all the platforms it was released on.
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