Hi guys, im new to the thread, but iv been following it for some time. I didnt play COH, but understand your pain, it sucks when something you love it taken from you. My personal opinion is expect aggressive ralliesfor NCSOFT as GW2 goes to china and Wildstar releases next year spring. Also dont forget Lineage Eternal which is looming.
The main reason on im posting is becuase there is a really really decent presence of market knowledge about NCSOFT here and their stocks. I really enjoy listening to all your feedback especially Father Xmas's.
So im curious. we just had a strong rally from 179 500 to 194 000 over the last 2 days. Does anyone know the reason, I personally was expecting to see more Investor Risk sentiment kick in after the lack luster Q2 report we had last month, we had it about 15% drop but now we have seen an aggressive rally in the last few days.
I suspect this is just that inevitable correction you guys where talking about.
I have looked around and short of GW2 releasing a new content patch and 7day free trial, there is little else on the Radar.
Currently my theory is it could be to do with the report "Online, Social and Mobile Games Publishers and Market in Asia" that was just released that had NCSOFT in the report. I cant confirm this, as its locked behind a $3000 paywall. But short of that is this just a correction, or do expensive reports like this cause rallies of over 10% in 2 days?
Cheers
Damo