I really think this article (http://www.reuters.com/article/2013/01/09/markets-korea-stocks-idUSL4N0AE2UK20130109) hasn't seen enough light. Especially the following quote:
Quote"We advise cutting losses on NCsoft - we see continued cannibalization of existing games and at best moderate success for new games in China," Morgan Stanley analyst Sam Min wrote in a research note on Wednesday.
Talk about something that really should be the final NC nail.
here is another interesting article bout NCSoft.
comments were pretty much all negative
http://www.koreatimes.co.kr/www/news/tech/2013/01/134_124954.html
Oh yeah I remember that one.
There was the one VV did too. That, I was a huge fan of.
that cannot be good for share prices, for the moment.
Analysts are about as accurate as weather people. Sometimes they flip a coin and say something that sounds cool and "expert" like in reality, it's nothing more than a guess, except they was smart enough to get paid for their guesses. Although, there are times when there is no ignoring the gray clouds heading in your direction and it doesnt take a genius to figure out that a dark gray cloud is not a good sign.
Actually the stock is back to 150,000 again. Only NCsoft news I could find in Asia was a Lineage smartphone card game coming out in Japan (http://www.serkantoto.com/2013/01/20/lineage-the-second-moon-to-go-live-on-gree-this-spring/).