ImmortalHelixFossil on 30 May 2014
| Augen said: Looks at King's stock. IPO was $22, now a few months later at $16 and the lock-up period is not yet ended which will push the stock lower. My point? Investors see the pattern of these companies coming in, posting insane profits and then flailing around trying to have repeat sensation and crash and burn. I think Nintendo will be here in ten years, King on the other hand not so sure. |
Oh just like Facebook? When they opened in the NASDAQ, stocks dropped badly and everyone was talking doom. A year later, their share almost doubled their opening. Investing is a long-term something, perhaps IPO stocks will raise if they remain getting huge profits and publish new games.
OT: Sick that this little game can beat Nintendo & Sony's gaming division :(
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