VGStockz: General Questions

Ail

Currently Offline

23,186

6192 posts since 23/01/08

Recent Badges:

3 Years Has been a VGChartz member for over 3 years.
10 Years Has been a VGChartz member for over 10 years.
4 Years Has been a VGChartz member for over 4 years.
2 Years Has been a VGChartz member for over 2 years.
15 Years Has been a VGChartz member for over 15 years.
Watch Your Back! Received 10,000 profile views.

Currently Playing:

Madden NFL 13 (PS3)

Ail on 05 February 2013

happydolphin said:

Ail said:

Easy.

NBA2k is kicking ass and taking names and so is Borderlands 2 !!!! ( remember last year we had the strike so NBA2K didnt' do as well as the NBA season started much later).

415 million$ of revenue vs 263 million$ last year.

71.4 million$ profit vs 14.1 million$.

22% of sales from old titles ( Read Dead, GTA and co) which isn't a surprise. TTWO are the only ones that are able to sell old title at a decent price far after their release...

Oh, but how did it go up after hours though?

Because they released their financial results after the market close...

PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

happydolphin

Banned

64,600

12615 posts since 11/01/12

Recent Badges:

Social Butterfly 50 friends on gamrConnect.
Making Friends 10 friends on gamrConnect.
It's a Start Bank a Total of 2,000 VG$.
Congratulations on Pressing Start! Score your first game in your collection.
Making Progress Earned 50,000 gamrPoints
Drake's Diary 100 status updates.

happydolphin on 05 February 2013

Ail said:

Because they release their financial results after the market close...

But don't the stocks lock when market closes? Sorry for the noobish question I'm just not sure I understand.

Ail

Currently Offline

23,186

6192 posts since 23/01/08

Recent Badges:

First Rung Of The Ladder Earned 10,000 gamrPoints
Leaving Limbo 100 posts on the gamrConnect forums.
One Piece at a Time Add your first game to your collection.
8 Years Has been a VGChartz member for over 8 years.
Hit And Run 15 comments posted on VGChartz news articles.
The Nuts & Bolts Add a total of 25 games to your collection.

Currently Playing:

Madden NFL 13 (PS3)

Ail on 05 February 2013

happydolphin said:

Ail said:

Because they release their financial results after the market close...

But don't the stocks lock when market closes? Sorry for the noobish question I'm just not sure I understand.

There is a secondary market where you can trade stocks after the close of market.

The amount traded is a lot smaller so stocks tend to get volatile .

I've never used it but I know it's there.

Here is more information :

http://en.wikipedia.org/wiki/Extended_hours_trading

PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

happydolphin

Banned

64,600

12615 posts since 11/01/12

Recent Badges:

Pata 100 wall post comments made on gamrConnect.
Right Tool for the Right Tool Score a total of 25 games in your collection.
The Nuts & Bolts Add a total of 25 games to your collection.
One Small 'Splosion Author of 100 forum threads.
God Of VGC 10,000 posts on the gamrConnect forums.
Social Butterfly 50 friends on gamrConnect.

happydolphin on 05 February 2013

Ail said:

There is a secondary market where you can trade stocks after the close of market.

The amount traded is a lot smaller so stocks tend to get volatile but it is there.

I've never used it but I know it's there.

Interesting :) I wonder if it affects the regular market, and if it's the same stock just in two markets, and if the transactions in one market affects the other on market open.

Ail

Currently Offline

23,186

6192 posts since 23/01/08

Recent Badges:

Genocide 5,000 posts on the gamrConnect forums.
13 Years Has been a VGChartz member for over 13 years.
One Piece at a Time Add your first game to your collection.
8 Years Has been a VGChartz member for over 8 years.
7 Years Has been a VGChartz member for over 7 years.
Congratulations on Pressing Start! Score your first game in your collection.

Currently Playing:

Madden NFL 13 (PS3)

Ail on 05 February 2013

happydolphin said:

Ail said:

There is a secondary market where you can trade stocks after the close of market.

The amount traded is a lot smaller so stocks tend to get volatile but it is there.

I've never used it but I know it's there.

Interesting :) I wonder if it affects the regular market, and if it's the same stock just in two markets, and if the transactions in one market affects the other on market open.

There is a correlation , after hours is like an extension of the market.

The stock price at the start of the market starts close to where it left in extended hours trading.

You are trading the same stock.

Stocks will however sometime have wide variation during after hours trading as companies release financial information during that time and that can have an immediate effect on a stock price..

PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !