Shorting TTWO

[mkirchner]

I was burned on CIV 4, first the problem with nVidia cards and the crashing to desktop. I decided to use this my advantage and shorted TTWO stock. Last wednesday I shorted 300 shares at 18.25. As word spreads to the real world (non civ playing world) about how they released a POS it should drive the price down. Once TTWO hits 17.97 I will have earned back what I paid for that POS. Anything below 17.97 is just gravy. I will cover the short before the new Xbox and Nintendo systems come out though.

 

[Bobolini]

Their stock has been dropping consistently for the last 12 months (approx. 20%) without the help of the Civ4 release. You could have sold short months ago. Take Two has bigger problems than just the Civ4 issue.