Take-Two Interactive Software Inc (TTWO)

[EODparty7]

Gapped down after those fins? What is going on with this stock?

[DITRstocks]

Look at all that after hours action.. This stock is rife with manipulation, insiders, etc.

[tradewin]

Huge beat, trading halted....

[EODparty7]

Likely after hours, I would assume but I don't think anyone knows for sure. I don't know what time it is where u live but i would say in roughly 5 or 6 hours IMO

[fandangotorres]

What time is the earnings getting announced today am in the UK?

[DITRstocks]

Not impressed at all with the manipulation here. Expectations were shattered on an unbelievable level, Guinness world records , millions of copies, the highest grossing entertainment medium in the first 3 days. Price action stagnant, I wouldn't expect any miracle from earnings either.

[fandangotorres]

Whats everyones prediction ttwo going to hit after earnings?

[juba22]

GONNA BE A GOOOOOOOOOD EARNINGS

[Stockadamus]

Hello TTWO

[Jordantrae]

That particular article didn't specify. But I'd assume soon if $msft already has deals In place. First I'm hearing of it tonight. I'd love to see some shorts hit this or something to get a better entry price but that's just being selfish and unrealistic. 6 months from now this looks like a 23-25 dollar stock to me.

[benjo]

When does the ban lift become effective ?

[Jordantrae]

Wow I hadn't heard this. Here's to an extra 250m in revenue (IMO being conservative). Awesome news long term. Probably means more for the next GTA though. And with the NBA playing games in china at a crazy pace it'll only help 2k too.

[bmoser412]

Remember what Cramer says,bulls make money,bears make money,and pigs get burned! Quote,unquote! My translation,don't be greedy and never ever fall in love with a stock!! Translated further, this stock hasn't moved according to most recent sales of GTA,but may still do so when next financials released,however,market may be already looking further down the road where pps is concerned! if u r up a significant amt and r in a good place profit wise,ie 40 to 150% at this point,then it comes to dollars and nqqqqqqqaà!

[bmoser412]

Remember what Cramer says,bulls make money,bears make money,and pigs get burned! Quote,unquote! My translation,don't be greedy and never ever fall in love with a stock!! Translated further, this stock hasn't moved according to most recent sales of GTA,but may still do so when next financials released,however,market may be already looking further down the road where pps is concerned! if u r up a significant amt and r in a good place profit wise,ie 40 to 150% at this point,then it comes to dollars and nqqqqqqqaà!

[tradewin]

China lifts ban on video game consoles.

http://www.pcworld.com/article/2050140/china-ends-video-game-console-ban-with-new-shanghai-trade-zone.html

[ECole]

TTWO at MKM-Partners-Entertainment-and-Leisure-Conference


transcript here

http://www.earningsimpact.com/Transcript/83814/TTWO/Take-Two-Interactive-Software%2c-Inc----MKM-Partners-Entertainment-and-Leisure-Conference

[OccamRazed]

I can only tell you what I plan to do. I'm new to trading and listening to me may not be in your best interest (or fit your style). I got these numbers from another forum. Stop loss in the low $15s, target is $27 by early Spring. All my opinion of course!

[fandangotorres]

When would be a good time to get out of TTWO

[fader48]

Good morning TTWO
It's flight tyme!
TTWO

[fader48]

Closing higher for 3 days now?

[fader48]

Is it Flight Tyme?
I'm long into Oct but a nice day today...
TTWO

[infinite_loop]

so would I just do nothing for both cases? How do I close out the expired contracts? Will the whatever remaining value for the 16 calls be automatically deposited into my account and i would just lose all of whatever I put into the 17 calls?

[benjo]

Yes. But it had a hard time with a big down day in the market today.

[discodave1]

doesnt this company partner with rockstar games and after a billion$ in sales in 3 days and just a20 cent rise in pps?

[Ohara]

Is it possible there will not be a significant jump until the earnings report on 10/28?

[benjo]

When the options expire, they either expire worthless or worth something.

Example: say you were holding $16 and $17 calls for TTWO.

Well, at the close on Friday, your $16 calls would be worth .99, and your $17 calls would be worthless, because the PPS was less than $17.

[infinite_loop]

forgive me, still learning options, but what happens when the options expire? are people selling off all their call contracts?

[DITRstocks]

Clear manipulation as options expire the 21st. TTWO makes more in three days than the movie Avatar did in 17 days.. GTA V crowned the fastest selling media ever , breaking records

[benjo]

Because of monthly options expiration. They worked hard to keep this down.

[BWalker50]

How the dies this go down when GTA 5 has 1billion in sales so far. Unbelievable.

[Long-N-Strong]

Does anyone know what percentage of sales TTWO gets from GTA5?

Long-N-Strong

[tradewin]

Things that make you go...hmmmmmm

[fader48]

1B in sales so far...
Why the drag here?
I wanna see flight!!

[raidersoftheloststocks]

I agree

[tradewin]

Gonna be fun to watch this run.

[nerachal]

GTA 5 first day sales hit $800 million, according to Take Two’s internal estimates

[fader48]

(GTAV) Metacritic finds that the average score out of a perfect 100 among dozens of vetted reviewers is an impressive 97 for the PS3 version and 98 for the Xbox 360 edition.

Wedbush Securities sees Take-Two Interactive Software, Inc. (NASDAQ:TTWO) moving 14 million copies of the game this month alone. By the time the dust settles, analysts see sales well north of $1 billion for the game.

http://www.insidermonkey.com/blog/take-two-interactive-software-inc-ttwo-activision-blizzard-inc-atvi-electronic-arts-inc-ea-so-much-is-riding-on-grand-theft-auto-247668/#yXiPoeguSjRecwgj.99

[fader48]

Right on. IMO when the sales reports start surfacing, TTWO buying pressure will hit and we'll see 20's. I'm long from $16's

[Jordantrae]

It'll bounce back I'm pretty damn sure of it. No reason for this to keep going down. None I can see as of now. Il be buying soon and holding for 22 23

[fader48]

It's been more than five years since Take-Two Interactive Software, Inc. (NASDAQ:TTWO) set initial sales records with the release of Grand Theft Auto IV, and naturally, the video-game industry is expecting big things this time around.
The new Xbox One and PS4 hit the market in two months, so this will be a good test to see if gamers are still spending money, or if they're holding back to save up for November's new console.

http://www.fool.com/investing/general/2013/09/14/the-fool-looks-ahead.aspx#Q8m9iKpudP65bSih.99

[fader48]

Seriously dude. I dunno if this is normal for a product launch, but what a nosedive. I'm still long on TTWO till about 22 I think

[Jordantrae]

Hope you are loading now.

[fader48]

Hope you loaded up over the last 2 days... TTWO going to 20's fer sure

[fader48]

+1 for BS... opportunity for cheapies.

[fandangotorres]

Where do you think this will be then in a few weeks?

[DITRstocks]

Sounds like bullsh!t to me

[fandangotorres]

Whats everyones thought now of the downgrade?

[Leomessi77]

Its a buy and hold now Just as simple as that . Staying until release of quarter 4 results , would be great , if rockstar announced a gta online for current and next generation consoles which will happen shortly and after may be one week to see the sales chart in USA and Europe , i think we will see the stock in another place . Still i think i will hold for the next year ( without ignoring the general market condition). TTWO is for the Future man

[Jordantrae]

Well I look like an idiot. Didn't see a downgrade coming. Oh well I didn't buy any

[benjo]

Perhaps someone took a big loss instead of someone scooping them up...?