Pushing sales of the PSP hardware was the release of Square Enix's PSP role-playing game Kingdom Hearts: Birth By Sleep. The title led software sales charts for the week, selling 445,962 units in its opening two days.
@mrahaju, The price movement of this stock for the last few days (Feb 18 - Feb 23) certainly didn't indicate that many people believe that this stock are underpriced. There is no big price movement within a day (no resistance).
@jj984jj, Well, feel free to drive up the price of this one. Once the price reached something I deemed too high, I will short them. The risk & profit at the current price is not high enough to make me short them, but it (risk & profit) would be better at higher price.
@apujanata, but S-E marketed CC like the spin-off it was, they're treating this game like a brand new KH game which is why I believe this could sell almost as well even though the KH brand isn't as strong as the FF brand. I think it's silly to think that this will sell less than the DS game, they both could be undervalued at this point but I think the PSP game is way undervalued at slightly below or just above the 1m mark. The PSP still has a substantial userbase and tie-ratios aren't linear, I don't see why this couldn't do almost or just as well as KH:CoM.
@jj984jj, Well, CC:FF7 have good sales, and it is certainly possible that KH:BbS might have sales as good as that game. However, comparing Final Fantasy userbase and Kingdom Hearts userbase, I doubt it will happen.
KH:CoM is on GBA, which have a much bigger userbase than PSP (81 Million shipped vs 47 Million shipped). Based on this, I expect KH:BbS will do significantly worse compared to KH:CoM. How much worse is the only question. 10% worse, 30% worse, 50% worse or EVEN 70% worse ? You should decide yourself.
@apujanata, but this is a big budget S-E game on PSP ala CC which is almost at 2m. I don't know if this will get there but I don't think it'll perform much worse than CC:FFVII or KH:CoM.
@jj984jj, Well, have you considered the fact that this game is on PSP, and PSP games are famous for their practically zero legs and low sales #. The only PSP games that are "special case" are monster hunter PSP, and KH games are nothing like MH games. KH:BbS is a single player game, just like previous PS2 KH games.
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