in a way i hope it does go back up, then i'll just short it back down again and make more profit in the long run when it eventually comes and stays down which im sure will happen once we see sales dry up. it may look bad on my profits at the end of the day but in the long run i should make more money so it doesnt bother me too much.
@vGInfidel, I was thinking of shorting it myself, I already had a small short position & enough money to short it further. But I was afraid people would keep buying it up. I hope that doesn't happen for my sake and yours too.
well i did a bit of rearranging and cancelled a couple of old orders that i forgot i had placed that was tying up my money and shorted 10k of shares to bring it down to a more realistic level for you ;)
completely agree with all your points there, im currently in the red though so unfortunately unless i shift some stock around im not going to be able take advantage of it and bring the price back down, im sure someone else will take it the opportunity up though :)
@vGInfidel, This price is ridiculous. Turok on 360 sold 197,000 in its first entire month NPD. Understandably to fans of the franchise. But its got horrible reviews, 69 360 Metacritic/67 PS3, and sales have started to flatline, with the big releases of the year coming very soon.
VGC had overvalued NA sales in its 1st month at: 256,000 compared to actual of NA 197,000 [overvalued by 60,000]
VGC now has NA sales at (very likely still overvalued): 303,000 & total WW when combined with EU at: 420,000 (360)
& PS3 at 300,000
They've shipped 1 million for 360 & PS3 combined worldwide, there won't be a 2nd shipment with actual sales so low, even if this won't reach 1 million on 360. This should be valued at 525-635 DKP.
The "Velociraptor Pack" will arrive on Xbox Live and PSN tomorrow. The DLC will cost you $5 (400 points) on both systems. It contains two completely new maps, one new co-op map and two re-lit versions of already available maps. As a side note from that same release: Expect the PC version of the game to arrive on April 22 for $50.
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in a way i hope it does go back up, then i'll just short it back down again and make more profit in the long run when it eventually comes and stays down which im sure will happen once we see sales dry up. it may look bad on my profits at the end of the day but in the long run i should make more money so it doesnt bother me too much.