@nascariscool2, I think we should invest in the US stock market rite now. Get anything cheap anything cause this time next Friday sales are going to be through the roof.
@Jonman, I know this is going to sound dumb but i am new and want to figure this game out cause i am good with this kind of stuff. So yeah if you can explain to me what all this stuff is and how to use it. For some reason i have a profit but it could be better if i really understood this.
@KultofCows, I don't agree that the GLS & future are "basically unchanged". GLS went down from 700 in Oct 23 to 550 in Nov 18, less than one month later. Losing 20% of its value in 25 days is a significant difference, in my book.
Nov future went from 58.8 in Oct 4 to 29.88 in Nov 18, a 50% loss in 6 weeks. Very big loss.
The only one that didn't change much is Dec, but there is a reason for that. :D
Just like Joe80 mentioned, it is too early to short this. IF the November future showed continued, or even worse, weakness for this game, then it is time to short the GLS further.
If this game is on X360, I am pretty sure that the GLS would be 2 Million or lower. M&S Olympic Summer teach us to be careful of its legs.
I'd be cautious of shorting the November future, mainly because anything that doesn't chart in Nov will pay out at the #10 value, which I'm pegging in the 35-40 DKP range.
As a result, I've gone heavily long on several Nov futures that are trading in the 20's, hopefully in the knowledge that I'm guaranteed a higher payout whether they chart or not.
@KultofCows, I would be extremely cautious against shorting this game. The original only did 32.83 when it debuted in the month of November and was available for almost the entire NPD period (minus 2 days). The game was released a little under a year before the real Olympics took place. The longtail for this game was huge.
The Winter Olympic game was available for a week less time as a future & in the month of October, not benefiting from holiday release date. The real Winter Olympics will be starting only 4 months after this game's release. It will be promoted even more at that time than it is this holiday. I don't think it's farfetched to think it cannot do half as good as the original game.
I am surprised to see the GLS stock and November/December Futures basically unchanged for this title given the dismal October NPD sales results. The GLS stock should not be north of 5 million units given the October performance.
"It's true to say that Mario & Sonic at the Olympic Winter Games is no Mario Kart. But it's a fun, polished party game with broad appeal, and a marked improvement over the previous one."
It has come to our attention that the re-opening of the IPO messed up with the ask prices lower than the bid prices. In the future, please report these problems rather than trading the broken prices as we will have to roll-back the trades anyways. We apologize for the inconvenience.
1