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I got 4 shares today under $5, ha. I can't seem to get any cheap shares anymore. Read your blog on IMPM...I was in it too. Great minds think alike, huh?
Mike
I could have sworn I read it was coming out in May. Is that accurate or is that just speculation? Seems I only hear early 2010 in interviews with no specific month but I read differently.
...Scratch: The Ultimate DJ (video below) is a sim that uses an extremely high quality interface designed by Numark and the professional input of Mix Master Mike. Unlike most beat match games that merely use predetermined songs that mute when you mess-up, Scratch actually requires you to tap out beats and scratch samples to add to the mix. In short, get good at Scratch: The Ultimate DJ, get good at scratching and tapping out beats. DJ Hero stole a little of Scratch’s thunder by coming out earlier but Scratch will blow them all away when released this spring.
Vid:
I have young cousins who I typically pick their brains on the games they are talking about and none of them heard of DJ Hero until I told them. In the same breath, none know of Scratch either. These are the same cousins that couldnt wait to get their hands on Guitar Hero when it came out.
As I've said many of times, a good portion of their success will be successful marketing. a game (or product in gernal) can be terrible but good marketing can bring good sales for a while. a good game with poor marketing will gain sales over time but won't get the big rush to the stores you and I are hoping for.
Thats the most important type of articles I'm looking for now....their marketing plan and/or actual mass marketing for the game (ie commercials (radio or tv), reviews, billboards, SOCIAL MEDIA, etc...).
I think we've seen enough of the gameplay to feel comfortable its going to win over those who do buy it. I'd imagine people like Quincy and M. Mike would be intelligent enough to know marketing is going to be a key component to their success from here on out.
I have significant gains in IMPM recently. cost avg around 50 cents and its over 6 bucks now....im considering trying to add more shares of GNPR from some of my prudent trimmings of IMPM but until I feel comfortable with their marketing plan...I think I'm going to stick with my current shares and just pick away at anything under 3 which I havent been able to acquire for a while now.
we're getting closer....looking forward to what happens
what are your thoughts on the stagnant sales of DJ Hero and how/if that relates to the future sales of scratch at all? I think we can agree that DJ Hero is inferior to Scratch
im feeling good how the volume is gradually increasing even as the PPS increases. On top of that, up about 10% afterhours is a nice touch.
when do we see a pullback?
very true...i wont be greedy, i can live with a 269 pps!
The dividend will be no more therefore I don't see them getting to the level they once were
just make sure you protect your gains and leave at signs of trouble....the gains made are most likely not worth the risk of holding on too long
it would be hard to wipe this smile off my face
so you think that the 10 support level from over a year ago is still valid? I would think most who had it at 10 either averaged down significantly or left the stock therefore rendering the 10 support from that time ago a mute factor. Not saying in anyway that i am right...thats just my initial thoughts on that. Have you seen resistance/support levels from that long ago and with this large difference in price to be still relevent?
i think we are at least worth 100mil so around a 13 dollar price is my guess before we start seeing more resistance unless volume stays low and we keep muscling through for some fantastic reason.
just wish i didnt try to be responsible and cut back some of my shares when we jumped to the 3-4 range.
If I remember correctly, the shares short has been decreasing so I have been anticipating they were apart of this jump. at 5x volume...its still relatively low based on the PPS only being at 5 now. However, it surely is in a positive direction and becoming stronger which is building my confidence.
Are you predicting 10 on a psychological/emotional pick as that being a good number or are you predicting that based on the value of the business/other factors?
I personally think we have room to run past 10 in the near future now that we are off the pink but time will tell based on the next few quarterly reports and receiving some coverage
there is our $5 break buddy. What are your thoughts on volume and the impact? my concern is the high spike in price versus the low volume.
i think it has room to continue to move now that its off pink. i was at 1000% the other week and pared back some to be safe. around 700% with my current holdings. pared back a bit yesterday so i dont kick myself if we lose some of this. the rest is probably going to be riding for a while.
yea, i just noticed that. for some reason i was thinking it was next week. looking forward to seeing how it reacts after the seasonal emotions in the market are removed
when it gets off the pink sheets....i think we surpass 5. we may surpass 5 on low volume in the meantime though but i dont get too excited on that
stock is acting pretty phenomenal as of late and this board is still dead? cant wait to see some excitement here and see what happens to the stock from it
no news is bad news unfortunately
anyone actually in this stock or just viewing?
since we have only a few amount of posters per day...i wanted to ask the following for whomever wants to answer.
what catalysts are you waiting for to make this stock jump?
just trying to see how diverse the ideas are here or if people have a clear mainly agreed upon consensus.
what im getting at is any recent news....even blogs on the stock for that matter. july 09 is a long ways away from january 10.
seems the best catalyst right now for the stock is any news as its a complete stealth stock.
Anyone have any links to good news sites for this stock? Struggling to find any news on this stock and seeing as this board seems pretty dead, i'm assuming nobody can find news.
agreed
filled 221 @ $3 around 2pm central
wouldnt surprise me if you are right
just today around the open...im "guessing" it wont show up until tomorrow based on how slow it seems pink sheets are while ive been watching this stock, just a handful of shares, amounted to less than $100 if i remember correctly....using phone. I'm just shocked I was able to even purchase that low...I was buying near that price prior to the reverse split! I have a limit order for 2k under 4 that I just put in because of my restrictions with fidelity that don't allow me to put in orders any farther than about 30% away from recent activity....big pain in the ass and am considering going elsewhere. anyway, I need to average down more to maximize the anticipated jump around spring. my cost average is around $10 right now which I'd be wise to bring it down as much as possible in case the jump isnt as big as expected. Than bare minimum, at least I can break even I feel.
I think i asked you this before but what is your cost average at? How long have you been accumulating?
Recently accumulated some shares at $1.76....very surprised I got some that low. Still have some buy orders in that havent been filled yet.
great find...do we know how many shares he has? ha
looks like its coming out in 2nd quarter instead of 1st quarter of 2010 according to that preview...did i read it right?
Great Video...Loved the in-depth description of the turntable and freestyle format which separates it from the competition.
Really did not like that "Genius Products" name was not mentioned or listed from what I could see. Would have loved it much more if the company name was listed alongside the game. Rewatched the DJ Hero commercial with Eminem and "Activision" wasnt anywhere on there either. The reason it concerns me is Genius is a "stealth" stock that nobody knows about. If you can easily connect the game and the company, the stock will garner significantly more attention in a sooner than later format. I think we'd notice a handful of additional users on this discussion board as well which would be a big positive.
im not expecting much until first quarter when it comes out...they better do some good commercials like hero is doing. going to get a lot of buyers with eminem and jayz leading the way in their commercials.
i think you have a shot at getting a few hundred shares at 2 bucks filled
what price are you able to bid at currently? my exchange (fidelity) only allows me to bid within 30% of the tick price which is 10 dollars. It won't allow me to lowball around 2 dollars for example
I think everyone needs to relax a bit. We just had a great quarter with better ones to come. stocks dont always go up significantly the day they report a great quarter. Look at MRO, they reported a great quarter the other day and did nothing so I bought more. The price will reflect the great quarter soon enough.
Do i think we get to a dollar in the near future? No, not without a reverse split...and this will happen in the near future as Mel hinted.
before the reverse split...I'm expecting us to reach somewhere in 80s. I firmly believe it will happen sooner than later and if we stay around 60 cents...i'll be buying more. If its the shorts putting pressure on us, i'm smiling because i think this will be a battle they will lose and may be the reason we reach 1 dollar. who doesnt love a short squeeze?
either way, we're in a good position right now.
DJ Hero seems to be selling pretty well right now according to hearsay and viewing the shelves at the stores (sorry, no links). IGN has also given them a rating of 9 out of 10 which is excellent as they are typically fairly critical of the games they review...but im sure they can be swayed to give better ratings to certain companies (cough, cough).
Let's hope IGN gives Scratch a better rating than 9...than the rest should be cake.
IGN rating/reviews of DJ Hero
http://ps3.ign.com/objects/143/14319214.html
Unfortunately IGN has an outdated page of Scratch saying an expected q4 2009 release still.
.59? is this the cheapest we go before earnings? maybe im too optimistic but I cant see us being below .70 after earnings so im starting to buy more at .59 now. I expected us to actually go higher before earnings, not lower. thoughts?
What is everyones opinion on the value of this company?
at the recent 20 dollar buy (only 100 shares), the value of the company is 2.7 million....assuming 135k in outstanding shares.
what value can be justified?
well last year i anguished over money lost, this year my anguish is over cutting out too early/not being patient enough.
I just dont know if im believing this won't go back down quickly and soon without news to support it. Ive been selling small increments over $4 as im over 1000% increase right now and i cant allow myself to ignore this selling opportunity. i'll let the rest ride and hopefully im wrong and it skyrockets more.
i got nothing but volume isnt extraordinary high so im not taking this as too much of anything at the moment