@deftangel, Hmm. When did you join simEx ? Around early January / end of December ?
Shouldn't you be able to get 35% diversification rule now ? I am not sure about this, since I didn't focus all my money on just one stock (so many futures to short, and now the futures are no longer available :( ).
@apujanata, Good point. The market always seems to overvalue "famous" stocks around release date (people caught up in the hype), so I wouldn't be surprised to see GTA4 get pumped up to 20M combined right around release. You can wait out then short but currently at 19M combined you are limited to upside risk, no way this should go that much higher, and if it does just ride it out. As great of game as this is it isn't going to sell 20M. COD4 was/is huge on both consoles and isn't even at 10M combined worldwide. 2M of PS3 user base is Japan and I don't expect this game to sell well over there. The attachment rate would have to be insane to reach 19M.
@deftangel, You should go "slow and high" when shorting famous stocks, such as GTAIV, Gear of Wars 2. You should never, ever go on a shorting spree on those GLS stock.
If only, I'm short on the PS3 as far as I can go with it but the price has gone up in the last week or so meaning I've been having to shift money around to keep the margin "healthy".
Reality on these stocks will only strike after NPD releases in April and even then, when the 360:PS3 ratio I expect becomes apparent the 360 stock could rocket even from it's over-valued state now for a good couple of months.
@Just_Ben, Sorry I was just talking about Sim exchange, I agree with your point. None the less the numbers on the sim exchange are back to over 19M combined. Easy money on the shorts...
OpinionDebug.com looks at the leaked GTA4 achievements and finds some information about the game that most people will miss, and comes up with some neat ideas that Rockstar might have put in.
Halo 3 generated $300 million worldwide in first week, this analyst projects possible sales of $360 million, but he does not say where this refers too. I could not find unit sales for first week of Halo 3 sales.
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Hmm. When did you join simEx ? Around early January / end of December ?
Shouldn't you be able to get 35% diversification rule now ? I am not sure about this, since I didn't focus all my money on just one stock (so many futures to short, and now the futures are no longer available :( ).