General / Off-Topic Frontier shares are soaring

Captain Krenon

C
Two weeks after the ED PS4 announcement and with very good sales of Planet Coaster (currently ~390k on SteamSpy) the FDEV share price has risen from around 200p to over 300p!

There is an interesting investor discussion (Google "advfn FDEV share chat") with predictions of it reaching £5 in time NOTE: these are OPINIONS, shares can go down as well as down!

I do agree with them that Frontier are a very good company with excellent prospects e.g. early to VR (if confirmed as VR, ED could be a flagship PSVR title), games that compliment each other, running a tight ship with small overheads etc.

With Frontier prospects on the up it can only be good for ED's future, we just have to be patient!
 

Mack Winston

Mack Winston
I'm not sure it's worth 500p a share. But if people are going to be buying for that much, well, I'll be happy to sell to them!
 

Jason S

J
If the shares have gone up 50 percent they probably already have factored in the recent success and waren buffet does not have a computer in his office as the idea is you make better share choices if you do not read other peoples opinions. In fact most of the time you should do the opposite to the general consensus.
 

CmdrJacks

CmdrJacks
Jason S said:
If the shares have gone up 50 percent they probably already have factored in the recent success and waren buffet does not have a computer in his office as the idea is you make better share choices if you do not read other peoples opinions. In fact most of the time you should do the opposite to the general consensus.
Click to expand...

Buy high, sell low? History will be the judge of whether you, or you are not, a genius.
 
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