The story of Age of Conan is depressing: though the game had an excellent launch with tons of promise, the follow-through in post-launch simply wasn't there. In the hopes of saving what could be considered a sinking ship, Funcom has appointed a new producer and game director for the title.
Your focus is similar to how many of the previous high ranked members chose to invest, it is a little high risk for me. I would love to have that much free DKP to invest, but mine is too invested to withdraw easily. I also see no reason to pressure a GLS in either direction without known official sales data, if it continues to go in the direction you disagree with, let it. You will eventually be proven right if your viewpoint is correct anyway.
I have pulled out of my remaining long stocks to a large extent to enable me to have enough short margin to keep downward pressure on LBP amongst others and still have a short margin above 10million. Hopefully once the stocks shift in the coming months as they are released ill be able to gain massive profit, although im sure i will be wrong on at least one, lets hope that isnt the one im 5million short on. :)
I just noticed that you practically have no long :). Unlike you, I have several long stocks, and 27 Million short. I only have 2 Million short margin, so I am keeping my eyes on it very, very carefully. Your 13 Million short margin makes you richer than me in that specific area.
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.
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This is confirmation, of sorts, that this game either doesn't have legs, or couldn't keep up the registered player.
Is the current price reflected this latest news (means the stock is correctly priced already), or is the stock still overpriced ?