FlatFX Posted August 28, 2017 Share Posted August 28, 2017 $96,10 $100 will be tested this week. BLOOD 1 Link to comment Share on other sites More sharing options...
Jabalous Posted August 28, 2017 Share Posted August 28, 2017 The chart of $TTWO stopped being technical after the latest earnings. I can't tell where the support or resistance is so that I can add to my position. A few days when it was consolidation around $92, I thought that the top is in and some selling might start before it hits a moving average/support, only then to be surprised of it making a move from $92.5 to $95 in one day. The sentiment is strongly bullish after that earnings and the outlook is even more bullish for 2018. The stock is also very good for not making large up and down swings in one day. It really holds it ground, making it a fine addition to one's portfolio. One of the growth stocks that doesn't suffer from large mood swings! BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 28, 2017 Author Share Posted August 28, 2017 (edited) FlatFX: That is if the market is so stable. I hope so myself BTW. Jabalous: I just woke up a while ago and I only read a bit but I think the catalysts are: GTA V and GTA Online, 2K Sports, Digital, Mobile, eSports, M&A strategy etc. $108 by year end. $120 before the launch of RDR2 and 2K Untitled game, $150-180 if all that exceed expectations. Edit: Great comments and support guys. Much appreciated Edited August 28, 2017 by BLOOD Link to comment Share on other sites More sharing options...
Jabalous Posted August 28, 2017 Share Posted August 28, 2017 (edited) That $120 could be EOY I know that you're being conservative and taking into account market consolidations or small corrections. I'm expecting 2K to announce their promised next game, which is probably Borderlands, before T2's conference call in early November. The announcement can easily drive the stock +%5 in a single day. The image below is for most played games today on Steam. I've not seen GTA V going below the 5th place and it peaking close to 100K players today is probably players prepping themselves for tomorrow's Smuggler's Run DLC. I will check tomorrow and find it +110K players. GTA Online continues to deliver as it's becoming more of an open world platform than a single restricted game. It's truly one of a kind and there are no competitors out there that could deliver the same large open world with the quality in a shared online space. I expect it to continue being a driving force behind T2's upcoming earnings, and adding to their FY2019 revenue alongside Red Dead Redemption 2 and others. Edited August 28, 2017 by Jabalous BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 28, 2017 Author Share Posted August 28, 2017 That $120 could be EOY I know that you're being conservative and taking into account market consolidations or small corrections. I'm expecting 2K to announce their promised next game, which is probably Borderlands, before T2's conference call in early November. The announcement can easily drive the stock +%5 in a single day. The image below is for most played games today on Steam. I've not seen GTA V going below the 5th place and it peaking close to 100K players today is probably players prepping themselves for tomorrow's Smuggler's Run DLC. I will check tomorrow and find it +110K players. GTA Online continues to deliver as it's becoming more of an open world platform than a single restricted game. It's truly one of a kind and there are no competitors out there that could deliver the same large open world with the quality in a shared online space. I expect it to continue being a driving force behind T2's upcoming earnings, and adding to their FY2019 revenue alongside Red Dead Redemption 2 and others. WOW that was an Excellent comment. Anyway I think they should buy Daybreak Game Co to not only have the two of ten spots but a label focused only on online. And many other M&A options like Take-Two Europe buying THQ Nordic and Take-Two Asia buying PUBG Developer Link to comment Share on other sites More sharing options...
Jason Posted August 28, 2017 Share Posted August 28, 2017 Buying Daybreak would have been a reasonable move 12 months ago, now they're not great. H1Z1 looks pretty at 75k peak concurrent on that picture, but it was above PUBG and regularly getting ~120k concurrents earlier in the year. It's on a downward spiral as it's been completely outclassed by PUBG. They're not a particularly talented studio either these days, their best talent is long gone and everything they've released in the past decade or so has been a critical and commercial failure that's been dead on arrival and/or plagued with technical and development problems. BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 28, 2017 Author Share Posted August 28, 2017 (edited) Buying Daybreak would have been a reasonable move 12 months ago, now they're not great. H1Z1 looks pretty at 75k peak concurrent on that picture, but it was above PUBG and regularly getting ~120k concurrents earlier in the year. It's on a downward spiral as it's been completely outclassed by PUBG. They're not a particularly talented studio either these days, their best talent is long gone and everything they've released in the past decade or so has been a critical and commercial failure that's been dead on arrival and/or plagued with technical and development problems.Great to see you over this side again Jason..Anyway I agree and also disagree since Daybreak will give them some IPs to exploit across the world especially in Asia and will titles like H1Z1 and Planetside 2 will complement GTA Online and NBA2K Online. Edit: I will be flabagasted and shocked if they buy Bohemia Interactive instead Edited August 28, 2017 by BLOOD Link to comment Share on other sites More sharing options...
FlatFX Posted August 28, 2017 Share Posted August 28, 2017 with the recent move I have to update my estimations Winter quarter ahead should be one of the strongest ever for the entertainment companies plus we might have a tax reform. 120$ by end of December 17 140$ by March 18 Side movement till mid of April. With RDR being a bigger success than expected (>15M sales) 200$ by end of December 18 Don't expect any new announcements till E3 2018. RDR2 probably will be released end of April / beginning of May leaving E3 open for Borderlands 3 announcement BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 28, 2017 Author Share Posted August 28, 2017 with the recent move I have to update my estimations Winter quarter ahead should be one of the strongest ever for the entertainment companies plus we might have a tax reform. 120$ by end of December 17 140$ by March 18 Side movement till mid of April. With RDR being a bigger success than expected (>15M sales) 200$ by end of December 18 Don't expect any new announcements till E3 2018. RDR2 probably will be released end of April / beginning of May leaving E3 open for Borderlands 3 announcement That For Sure Brother! I like that they are the most overpriced publicly traded game company share price-wise and in future (maybe) the most overvalued gay company by market cap (it not possible but anything can happen). Upward and Forward Take-Two Interactive! Link to comment Share on other sites More sharing options...
Jason Posted August 28, 2017 Share Posted August 28, 2017 Buying Daybreak would have been a reasonable move 12 months ago, now they're not great. H1Z1 looks pretty at 75k peak concurrent on that picture, but it was above PUBG and regularly getting ~120k concurrents earlier in the year. It's on a downward spiral as it's been completely outclassed by PUBG. They're not a particularly talented studio either these days, their best talent is long gone and everything they've released in the past decade or so has been a critical and commercial failure that's been dead on arrival and/or plagued with technical and development problems. Great to see you over this side again Jason..Anyway I agree and also disagree since Daybreak will give them some IPs to exploit across the world especially in Asia and will titles like H1Z1 and Planetside 2 will complement GTA Online and NBA2K Online. Edit: I will be flabagasted and shocked if they buy Bohemia Interactive instead Those IP's aren't worth much at all, no where enough to warrant outright purchasing the developer anyway. Remember the last time a major IP sale came up when THQ folded? Very few of the major publishers were interested, even for a IP such as Saints Row. Most major publishers would more likely want to create their own IP, as not only does it mean you don't have to spend money on IP's but it also allows developers to do projects that they want which generally produces better games. Link to comment Share on other sites More sharing options...
BLOOD Posted August 28, 2017 Author Share Posted August 28, 2017 (edited) True that Jason, ironically Take-Two were going to acquire (old) THQ back in 2001 but bought TDK Mediactive instead and 12 years later bought two IPs when the company went bankrupt which were WWE and Evolve. I will not be surprised if Take-Two Europe acquires (new) THQ Nordic just for IPs like Destroy All Humans, Blobs etc. for their to-be-named Independent label. With $1.3 billion in cash they can create or buy any IPs and Studios. Edit: Michael Worosz is the head of the Independent initiative and i think he also responsible for the Social Point label. https://www.linkedin.com/in/michaelworosz Edited August 28, 2017 by BLOOD Link to comment Share on other sites More sharing options...
Jabalous Posted August 29, 2017 Share Posted August 29, 2017 That $120 could be EOY I know that you're being conservative and taking into account market consolidations or small corrections. I'm expecting 2K to announce their promised next game, which is probably Borderlands, before T2's conference call in early November. The announcement can easily drive the stock +%5 in a single day. The image below is for most played games today on Steam. I've not seen GTA V going below the 5th place and it peaking close to 100K players today is probably players prepping themselves for tomorrow's Smuggler's Run DLC. I will check tomorrow and find it +110K players. GTA Online continues to deliver as it's becoming more of an open world platform than a single restricted game. It's truly one of a kind and there are no competitors out there that could deliver the same large open world with the quality in a shared online space. I expect it to continue being a driving force behind T2's upcoming earnings, and adding to their FY2019 revenue alongside Red Dead Redemption 2 and others. Easily predicted, or I've the crystal ball? + BLOOD 1 Link to comment Share on other sites More sharing options...
FlatFX Posted August 29, 2017 Share Posted August 29, 2017 121k during the week at first day of launch for the new DLC is quite impressive. That could be 140-160k during weekend which would equal another blockbuster quarter for T2 and outperform the previous DLC. Engagement with the game seems to continuously grow also nearly 5 years after release BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 29, 2017 Author Share Posted August 29, 2017 Weird end for today. Hoping it pop tomorrow and cross $100.00 on Friday Link to comment Share on other sites More sharing options...
Jabalous Posted August 30, 2017 Share Posted August 30, 2017 (edited) The market is on fire today and $TTWO is making new ATH. Any catalyst for today's market? Edited August 30, 2017 by Jabalous Link to comment Share on other sites More sharing options...
FlatFX Posted August 30, 2017 Share Posted August 30, 2017 (edited) Tax reform plus economy growth by 3% 98$, two to go. Tomorrow is the day. Question will be if it can hold the 100$ Edited August 30, 2017 by FlatFX BLOOD 1 Link to comment Share on other sites More sharing options...
Jabalous Posted August 30, 2017 Share Posted August 30, 2017 You're right, I just saw the news: http://edition.cnn.com/2017/08/30/politics/trump-tax-reform-springfield-missouri/index.html Link to comment Share on other sites More sharing options...
BLOOD Posted August 30, 2017 Author Share Posted August 30, 2017 $100.00 this week. $110.00 end of September- mI'd October. It really could break $120-130 by end of 2017 . Great update guys Link to comment Share on other sites More sharing options...
FlatFX Posted August 30, 2017 Share Posted August 30, 2017 (edited) This could even get hotter as we might think. Within 1 month we will have RDR2 news which could give the stock 5-10% boost. If NBA 2k18 performs well 120$ can be reached by beginning of October. Activision also plus 3,5%. Destiny 2 PC Beta seems to be a big deal. 75$ by end of September Edited August 30, 2017 by FlatFX BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 30, 2017 Author Share Posted August 30, 2017 (edited) This could even get hotter as we might think. Within 1 month we will have RDR2 news which could give the stock 5-10% boost. If NBA 2k18 performs well 120$ can be reached by beginning of October. Activision also plus 3,5%. Destiny 2 PC Beta seems to be a big deal. 75$ by end of September This..I also think Take-Two have alot of momentum unlike EA or Activision Blizzard coupled with $1.3 Billion in cash and $700 million in cash flow and another $300 million for operating cash. And then there is GTA V and GTA Online; Digital; Titles in Development including RDR2; Recurring Consumer Spending; Mobile and ESports; Independent Publishing and IPs/Studios acquisition, Diversification Etc. Edited August 30, 2017 by BLOOD Link to comment Share on other sites More sharing options...
Jason Posted August 30, 2017 Share Posted August 30, 2017 Acti have a ton of momentum IMO. They're still running off the back of a very well received Crash Bandicoot remaster and have what are now the two most anticipated games of the fall in Destiny 2 and CoD:WWII, with the first being out next week on consoles. Also like Flat said, the response to the Destiny 2 PC beta has been overwhelmingly positive so it would be no surprise to see that launch well on PC. EA's had a bit of a meh year though, Mass Effect Andromeda was a flop (though it sold reasonably well), but they have the new Fifa out later next month which is a billion dollars guaranteed these days, then Battlefront 2 later in the year. Link to comment Share on other sites More sharing options...
BLOOD Posted August 31, 2017 Author Share Posted August 31, 2017 (edited) Take-Two is overpriced than the other two in P/E ratio but in market cap it could be acquired easily at $10 Billion since it way smaller. It wonderful there are the ones that own GTA and 2K Sports. Edit: Meanwhile Activision has a market cap of $50 Billion and EA at $37 Billion. I hope the Big breakthrough for Take-Two is so near. Edited August 31, 2017 by BLOOD Link to comment Share on other sites More sharing options...
FlatFX Posted August 31, 2017 Share Posted August 31, 2017 (edited) Holy moly. 2k just introduced a kind of second live for NBA 2k18. This is a huuuge deal and could push NBA franchise to a new level. Looks amazing. NBA Live 18 R.I.P Seeing this puts me highly optimistic that they will be able to set a new record with NBA 2k18 September And October will be a great month for us guys Edited August 31, 2017 by FlatFX BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 31, 2017 Author Share Posted August 31, 2017 For real? Take-Two could crest $130.00 end before end of 2017. Thanks for this wonderful update FlatFX EDIT: Bring on September and October! Link to comment Share on other sites More sharing options...
BLOOD Posted August 31, 2017 Author Share Posted August 31, 2017 (edited) imagine Take-Two owning 5/10 of titles on all charts come 2018! EDIT: NBA 2K18 will be my first-ever Basketball game Ever! Edited August 31, 2017 by BLOOD Link to comment Share on other sites More sharing options...
FlatFX Posted September 1, 2017 Share Posted September 1, 2017 so today we need a good job report and hope that stock market ignores the fact that tax reform will be delayed due to the situation in texas BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted September 1, 2017 Author Share Posted September 1, 2017 (edited) so today we need a good job report and hope that stock market ignores the fact that tax reform will be delayed due to the situation in texas Amen Brother..Anyway I dreamt that Michael Worosz convinced Take-Two's CEO Strauss Zelnick and BoD to buy all of Interplay's IPs on sale. Earthworm Jim could be remade into another hit like Activision/VV's Crash Bandicoot N.sane Trilogy. Edited September 1, 2017 by BLOOD Link to comment Share on other sites More sharing options...
FlatFX Posted September 1, 2017 Share Posted September 1, 2017 https://www.bloomberg.com/news/articles/2017-09-01/payrolls-in-u-s-rise-by-156-000-wages-also-below-forecasts No 100$ today Link to comment Share on other sites More sharing options...
BLOOD Posted September 1, 2017 Author Share Posted September 1, 2017 https://www.bloomberg.com/news/articles/2017-09-01/payrolls-in-u-s-rise-by-156-000-wages-also-below-forecasts No 100$ today True That but it will crest past $100.00+ this month. It only Day one Link to comment Share on other sites More sharing options...
BLOOD Posted September 4, 2017 Author Share Posted September 4, 2017 Off today but it looks like the rest of the trading days of week will be so terrible. Well $100.00 should be in late-September/mid-October. I still expect $110.00-120.00 by end of 2017. Note: Sorry for Double Posting. Link to comment Share on other sites More sharing options...
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