I too am relatively close to my short margin. I can only short about another 13million DKP, which when you consider i am short about 30million accross all my stocks, many of which are popular ones that i am going against the crowd on, 13 million is not that much. Especially as i am making a conscious effort to keep it above 10million running into the holiday season as should news come out on the recent releases, there is the potential for major profit and i dont want to miss out because i have run out of margin.
@vGInfidel, I think LTD are more closer tied to sold through (800K copies) than sold-in (1.2 Million) or customer (415K). Since GLS is future LTD, I do believe that 1 - 1.5 Million is the right GLS.
Having said that, since I don't have sufficient remaining short margin to drive down this stock, I think we need to rely on some other high networth player, such as Top 3 (including Zukaus) to drive down this stock price.
Zukaus, What do you think about this stock ? If you wanted to keep silent to built your position, it is ok with me.
Further to the numbers, i have found a new source as of August 15th. (Link) providing more recent numbers.
Funcom says its recently released (May 20th) MMO Age of Conan: Hyborian Adventures currently boasts over 415,000 customers.
Funcom categorizes a "customer" as players "who are either subscribers or are playing in the first 30 days included in the sale of the box."
The game sold-in (to retail and digitally) 1.2 million units, and sold through (customers who have entered game client key and billing info) 800,000 copies to customers.
Funcom added, "[The] average playtime per player has been lower than expected.
So it has sold 800k copies, and appears to have almost no legs whatsoever, based on my previous post. I say again, the only thing that can save it is release in Asia, although that is a very crowded MMO market and this is a very western styled game so i cannot foresee major success there. This stock price still needs to come down quite a way in my opinion.
@vGInfidel, Nice adjustment in the stock price today. rikitikitik finally are able to recoup some of the loss he got from this stock (when it soar to 3xx about one month after release).
-There is no Age of Conan in the top 10 American/Canadian weekly sales charts as of August 23rd. (source)
-Age of Conan only reached number 15 in NPD's July PC sales charts (Source)
-There is no Age of Conan in the top 20 UK weekly sales charts as of August 30th. (Source)
-There is no Age of Conan in Irelands top 20 weekly charts (Source)
-In Denmark it was number 10 although was place 16 the previous week (Source)
Basically it is being beaten by year old FPS's that generally have short legs, this has even less. It is seriously overpriced imo, unless Asia can pull off some spectacular numbers.
I'm not sure that it will affect things that much since they'll eventually roll out those features they pulled out, all it may do is lower the initial sales of the game.
Warhammer has announced major cutbacks for their launch in september. This will put pressure on EA/Mythic that what little they actually put on the market to be very polished.
Seeing as WH is one off the big competitors against AoC, I think this might be good news for AoC.
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I too am relatively close to my short margin. I can only short about another 13million DKP, which when you consider i am short about 30million accross all my stocks, many of which are popular ones that i am going against the crowd on, 13 million is not that much. Especially as i am making a conscious effort to keep it above 10million running into the holiday season as should news come out on the recent releases, there is the potential for major profit and i dont want to miss out because i have run out of margin.