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If I invest inTake2 via the stock market on Nov 18th


dudclub55
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my advice is to invest in silver (bullion or coins), the market is about to crash its £10 an ounce which is the lowest ever, it physically cant go any lower than that so it can only go up,

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Doland J. Trump

Dude, to put it simply. You missed your opportunity. You should have invested years ago, Take Two is a solid and safe company. I highly doubt there will be a huge increase in value within the next 5-6 years unless one of their subsidiaries release an amazing game although I don't think event the next GTA will make the price move that much. If you really want to, go ahead but I wouldn't expect a massive profit, if any in the short term.

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Dude, to put it simply. You missed your opportunity. You should have invested years ago, Take Two is a solid and safe company. I highly doubt there will be a huge increase in value within the next 5-6 years unless one of their subsidiaries release an amazing game although I don't think event the next GTA will make the price move that much. If you really want to, go ahead but I wouldn't expect a massive profit, if any in the short term.

 

Finally, someone who understands purchasing stocks.

Edited by UshaB
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If you invested $1000 into TTWO when you made this thread (trading at 21.52), you'd have 46 shares. Last I checked, TTWO is trading at 26.40, so you'd have $1214.40 now, or a profit of $214.40.

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If you invested $1000 into TTWO when you made this thread (trading at 21.52), you'd have 46 shares. Last I checked, TTWO is trading at 26.40, so you'd have $1214.40 now, or a profit of $214.40.

Yep, the stock market is hard to understand. TTWO had record sales in 4Q2013 with GTAV, yet they started losing increasing amounts of money starting immediately in 1Q2014. But in the last two days, because they announced that their losses were not as terrible as expected, there was huge buying volume apparently in the last 2 days, driving up the TTWO stock by almost 20%.

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I have owned Take Two Interactive stock twice.

 

I bought it originally a year before GTA San Andreas came out-- I loved Vice City and III and thought SA would do very well-- I made slight profit.

 

I bought it again a year before GTA IV was supposed to come out-- I ended up holding it due to the game release date being delayed-- in the winter/spring of 2008, I believe it was Activision tried a hostile take over of Take Two Interactive-- this made the stock shoot up from the mid teens to the upper 20s over night-- needless to say, I sold right away with about 100% profit (just over doubled).

 

//edit//

 

I just checked quicken for the details.

 

Bought 10 shares of Take two @ 29.36 1/2/2004 ($300)

Bought 12 shares of Take Two @29.86 4/30/04 ($375)

 

Sold 22 shares pf Take Two @ $37.92 2/7/2005 ($853)

 

Net Profit of $78 (-$9 for commissions-- I use Buy and Hold which has $3 "basket" trades)-- so made about 10% profit.

 

Bought 56 shares of Take Two @ $17.94 on 1/4/2006 ($1000)

Bought 99 shares of Take Two @ $10.19 on 7/18/2006 ($1000)

 

Sold 155 shares of Take Two @ $26.62 on 2/29/2008 ($4069)

 

Profit minus commissions of $2060 (just over 100%).

 

Take Two's finances were so bad for a while I would not touch it--- although in hindsight-- buying ahead of GTA V would have been a good move.

 

 

Realize that the price of any stock is based upon the consensus of all information that is known about a company-- so future profits or lack thereof (anticipated) are built into the current price-- video games are very cyclical (especially when a company does not have very many successful titles)... it is very hard to time the market--

 

I currently do not own any individual stocks-- I don't have time to watch them so generally invest in index funds with low expenses--- even the experts have trouble beating the indexes because they are frequently trying to time their investments.

 

For anyone out there considering investing--

 

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”-- Warren Buffet
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"I want to design a video game where you take care of all the people shot in all the

other video games.... It's called Busy Hospital II" -- Demetri Martin

RIP BDP

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dem revenues are the most important though...

 

 

OT:anyway talking about T2,it looks like it not a great time to buy their stocks,their financial earning last week shows that (even though it wasnt that bad) but they were expecting more just like how V earned them $1bn last year.All in all it good to see that every companies (esp.Game Companies) are doing well...man i might be buying stock in Microsoft one of these days ;):p

Edited by Blood-Is-in-Diamond
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  • 6 years later...
57 minutes ago, kingbob182 said:

Just replying to let you all know that Take2's stock increased by 800% since the last post here.

If I had a time machine to go back to 2014 I would have invested in Take Two and bitcoin.

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2 hours ago, kingbob182 said:

Just replying to let you all know that Take2's stock increased by 800% since the last post here.

and here i am broke still sh*tposting on here 6 years later

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On 10/31/2014 at 12:47 PM, Gifbrah said:

If you invested $1000 into TTWO when you made this thread (trading at 21.52), you'd have 46 shares. Last I checked, TTWO is trading at 26.40, so you'd have $1214.40 now, or a profit of $214.40.

Right now Take Two's stock price is at 194.70 those 46 shares would be worth $8956.2 today.

 

Edited by Zello
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