Yeah, I was talking about the futures. they should move it up. this is one of those ipos that jump off the shelves on opening night, versus games like stranglehold which will undoubtedly sell well, but over a period of time.
@atrus50, remember, the numbers posted for the futures as starting prices are meaningless now. The actual IPO price is determined in IPO Phase 1, which is up to what traders are willing to buy and sell at. There's a new tutorial on IPOs.
I think one of the most desired features of Halo CE and Halo 2 was online Coop. With Bungie finally coming out and confirming not 2 but 4 player coop there would be a surge here.
Games like GoW and upcoming Army of Two show that Online Coop is a title seller. It was a must have and Bungie delivered. It WILL open the market to people that may not be ultra competitive deathmatchers, but still want to play with their friends.
All in all, this is a huge announcement that reinforces the value of the stock.
@sonvegit, stocks that have been overvalued from AAA title hype are finally pulling back to reality a bit now that the ridiculously overvalued, low-profile and overlooked games have come down. I expect AAA game stock prices to consolidate overall after the shorting of movie license games settle down.
@jameseyryan, I think what he is saying is that he wants it to go higher, so he can short when the stock reaches 1500 DKP and make money when the game hits store shelves. He trying to kind of trick over-hyped Halo fans and videogamers to increase the price.
However, a lot of people here (myself included) took offense to that biased and uninformed, backwards logic and voted him down.
I have to be honest, your comment makes little to no sense.
You say that people are overinflating the value of big games, that you are going to short the game, but you predict a value of 1500 DKP when it hasn't gone over 1400 DKP in the last month.
??? I think you need to clear that comment up because you are contradicting yourself hence all the down bids.
It seems like the problem of new people gravitating to the "big" games and overinflating their value is kind of a serious problem. That means this site could be good at estimating the sales of games that don't sell particularly well, and it will be off for games that do sell particularly well.
To embrace the system rather than just criticize it, personally I think this stock is way undervalued. I think it's worth at least 1,500 DKP.
As a disclosure, I will be shorting it a LOT when it gets there.
I'm not saying I agree with using attach rates...only that this is likely a large factor in its current price...that and they hype machine that is Halo and the fact that new players will gravitate to the 'big' games and over inflate their value.
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Yeah, I was talking about the futures.
they should move it up.
this is one of those ipos that jump off the shelves
on opening night, versus games like stranglehold
which will undoubtedly sell well, but over a period
of time.