Yeah quite possibly
General / Off-Topic And the Share Price Goes through the Floor!
- Thread starter MattBlaK
- Start date
Yeah quite possibly
Probably because of your alarmist title.
I find it rather amusing that you assume this price movement has anything to do with the state of development in the game. I assure you that very few of the people and robots shuffling this stock around on the LSE are actual players who are happy/sad about their favorite DDA feature not being implemented yet.
Do you also think that amazon.com (NASDAQ: AMZN) will drop in price if Mrs. Sanders down the road isn't happy with her kindle?
People like you who make dumb assumptions about financial products are responsible for filling many a pocket.
You are all probably right,both about my assumptions and my alarmist title.
However here are two mainstream core reviews from the last few hours...
http://www.eurogamer.net/articles/2014-12-22-elite-dangerous-review
http://uk.ign.com/articles/2014/12/19/elite-dangerous-review
However here are two mainstream core reviews from the last few hours...
http://www.eurogamer.net/articles/2014-12-22-elite-dangerous-review
http://uk.ign.com/articles/2014/12/19/elite-dangerous-review
£150k... Sounds like a good investment to me. If I had the cash spare, I'd be buying into it too. I know an investment when I see one and I'm not the invester type.
Exactly. Price is back up to almost the same level now.
Check the 1D chart at http://www.hl.co.uk/shares/shares-search-results/f/frontier-developments-plc-ordinary-0.5p
I'm looking at it now and it never dropped that low today?? EDIT: Google and Bloomberg show wildly different closing numbers...what the???
The price dropped steadily through trading and lost a total of 6 GBp for a loss of 2.46%...Not a great day, considering the rest of the market was trending up but this is no different from what I see day to day in my portfolio. What matters is your longer range gains. 1-yr return is 56% which beats most of the market. If you look at the price over the year, you will see it has been a fairly moderate year with most of the gains in the first quarter followed by a minor correction and then a steady up and down.
Can't say it is an exciting stock and it probably won't grow to proportions that would make it worth buying now. I might get a handful, only b/c I try to support stocks in things I use.
The price dropped steadily through trading and lost a total of 6 GBp for a loss of 2.46%...Not a great day, considering the rest of the market was trending up but this is no different from what I see day to day in my portfolio. What matters is your longer range gains. 1-yr return is 56% which beats most of the market. If you look at the price over the year, you will see it has been a fairly moderate year with most of the gains in the first quarter followed by a minor correction and then a steady up and down.
Can't say it is an exciting stock and it probably won't grow to proportions that would make it worth buying now. I might get a handful, only b/c I try to support stocks in things I use.
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It's an education. Maybe I just freaked out at what seemed like a dramatic bounce
We're playing a game that won't be complete untill the companion expansion packs are released. I'd sit tight for a few years. Can't wait for those either. They will open the gameplay to a new level. If they actually make it truely mmo, then even better.
