@Joe80,Joe..you just made the 'arguement. "Every other game that was delisted was delisted because the games were canceled. This is different."
Exactly why I don't agree with rolling back OR delisting...this is simply more information about a game and a name change...the market will adjust to it no different than Ghostbusters changing publishers or Fable having/not having online..or DS become DSi...it is more or less features than expected but it doesn't negate the stock.
I don't think it should be rolled back but I do think that is a more consistent approach than allowing this stock to be cashed out at current prices.
@oznerol, So if it is announced that a company will be created and you buy stock in it, then its okay for them to announce after they get your money, that the company you bought stock in is not what they had announced. It is actually a different company than what you were told it would be, and the company you planned to have your money invested in is now a completely separate company.
Why disrupt the market and have people invested in something different than what was originally announced, when you have control over the market (it is not real) and you can easily fix it.
If it's any consolation, I don't think this game will sell anywhere near 18 million copies, regardless. But I don't know enough about the game - or it's cult following - to put my (fake) money where my mouth is.
The same as any other stock - if a company decides to start a new business strategy, change management, invest in new technology, etc - the stock for that company then reflects that company's potential.
In this case, the game listed - Starcraft II - is for the initial release of the game. If that is just game one of a 3-part series, so be it. Stock prices fluctuate with the news. Such is life.
@kspraydad, The current prices should reflect what people think as that is the function of them. Unfortunately, the crowds may not be as accurate as smaller subgroups of the crowds?
Paying this stock out and coming out with the Terrans- Wings of Liberty stock, just because that has not been done before with a delisting does not mean it's the wrong thing to do. Every other game that was delisted was delisted because the games were canceled. This is different.
If the name is simply changed, then I believe it should be done before Blizzard anounces the pricepoint for Terrans- Wings of Liberty.
Honestly, I would end up better personally if it was rolled back as I have 2.5 million dkp shorting this at a price lower than its current price... but I am advocating what I think is best for the community IMO.
@Joe80,This far from release I don't think current prices reflect where 'everyone felt' it should be...many long time investors here, including yourself, have cautioned about entering into a stock too early and tying up your money.
Paying this stock out now and then coming out with a new stock representing WoL is not the right thing...We've never done that with any other delisting, we roll back the trades...as that is essentially what we would be doing.
So yes...change the NAME of this listing to WoL and let it go to where it goes...that is the risk/benefit to those who are trading this early (I'm short but only a very tiny bit ... just tracking).
@kspraydad, Locking at the current price is basically delisting the stock at the price everyone felt it should be at before we learned that the game would not be the game we currently have listed. Why roll it back? Why roll it back, where years worth of trades and everyone's dkp will be affected unpredictably?
There are 3 separate parts of Starcraft II now. The first part may cost much less than the SC II we were predicting. Instead of $50, it could be as low as $20-$30 for the first part. With a lower price point I think it would sell more.
Are you suggesting that the current SC II listing should be the 1st part: Terrans- Wings of Liberty?
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Exactly why I don't agree with rolling back OR delisting...this is simply more information about a game and a name change...the market will adjust to it no different than Ghostbusters changing publishers or Fable having/not having online..or DS become DSi...it is more or less features than expected but it doesn't negate the stock.
I don't think it should be rolled back but I do think that is a more consistent approach than allowing this stock to be cashed out at current prices.
When you getting that PS3?