General / Off-Topic Frontier's stock crashed again...

[Manticore]

Well you haven't mentioned either of two potential analytical tools that could support your comment:

"Behavioural economics" or "game theory"; just to name a few cogent approaches to understanding share price movement(s).

If these threads weren't such an obvious "I hate FD because I can't have the game I want" troll-fest the limited understanding of the people who make them would be laughable.

My advice is that these people should steer well clear of equities trading because they know nothing....

 

[Ryox]

Actually I learnt more about finance with this thread than during school probably.

 

[Manticore]

Actually I learnt more about finance with this thread than during school probably.

Your welcome.

 

[Ryox]

Your welcome.

I do watch Bloomberg on Youtube actually, it's very entertaining, but I don't feel like playing money with markets. I didn't watch today but my Wall Street sense tells me that they didn't talk about Frontier

 

[shreddog]

(from July)

Is that a MASSIVE double top forming?

 

[ebbrell]

Loads of stuff down today

 

[Manticore]

I do watch Bloomberg on Youtube actually, it's very entertaining, but I don't feel like putting money in this game. I didn't watch today but my Wall Street sense tells me that they didn't talk about Frontier

The problem with COVID is that it has created a lot of day traders and short-sell spammers who think they are making free money.

A lot of these people are leveraging their positions on pretty much thin air. If their position goes south someone out there will still want the value of that leverage converted back into cash and Joe Blogs has just lost his shirt, house, car, wife, dog, kids etc.

The equities game is not like a computer game risk and reward; it's just all risk really.

If anyone wants a great lesson on behavioural economics there's a show from the UK we get here (and endlessly repeated) called Bargain Hunt. People should watch it and ask the following questions:

1. Would they buy that hoping for a profit at auction if they had to spend their own money?
2. Would they buy it knowing it could make a profit even if they hated it?
3. Why are people willing to invest in something if it's not their money because they like it even if it can't possibly make a profit?

Bargain Hunt really is telling about human behaviour and money....

 

[GJ51]

When a knife falls off the counter never try to catch it.

It might take a bit more effort to pick it up off the floor.

But at least you won't have to clean blood off the floor.

Absolutely brutal

Expand to the 5YR chart to see how bad this really looks. Massive double top (as mentioned earlier ) followed by a brief rally, then free fall.

Not good

Braben's net worth cut by more than 60%

Unless he did like Musk, Zuckerberg, Bezos and all the other fat cats who sold at the top... who would have guessed?

 

[CMDR Karrde Sun]

Who cares?

Yet another pathetic thread about nothing in particular or important.

It's a great thread to illustrate how the people who post this stuff understand absolutely zero about stock markets and equities trading.

What did stock markets generally and globally do yesterday? What was the price of equities doing relative to other markets/shares/sectors?

While people here sit around complaining about FD's share price as if it's some bell-weather indicator of the game (how dumb) I made multiple thousand dollars in half an hour this week because I actually use the market(s) to advantage rather than as a whinge factory for hating FD.

I haven't lost any capital on the markets, ever, except when everyone did during the last GFC.

A thread based on pathetic ignorance.

Just keep in mind the only bad advice here is to go long fdev because the price crashed. Mind blown yes. I remember similar opinions after the 40 percent drop earlier this year, imagine if you took their advice…

I also find it unlikely they’re not taking action or preparing to take action after a 60 percent drop in equity valuation. The shrug emoticon and being nasty in a few text boxes doesn’t work in real life…

 

[GJ51]

Complicated stuff for FD

Unless they have contractual obligations, they should be slashing unprofitable titles and putting all their resources into anything that can turn a profit or they will be in dire straights.

 

[Ryox]

Or maybe it was some sort of small bubble that popped? If you look at the 2 years chart, they've already been even lower than that.

 

[GJ51]

I looked at the 5 yr chart and it does look like just a reversion to early 2020 levels.

But this isn't a good investment for retail investors. Especially in the current environment.

The smart money is holding cash until the shake out is done.

Small investors should keep a lot of powder dry for later investment into high quality mutual funds with low expense ratios once the market finds a bottom.

YMMV - just one man's opinion.

 

[Ca$hback]

At this point, I think just about any dev could pick up the pieces and do better with a fresh outlook.

 

[CMDR Karrde Sun]

I’m still curious on whether fdev would be an interesting buyout target for someone like activision.. or even someone smaller like focus (no idea what their market cap is just an example).

Maybe they’re too expensive in the uk? Or no one wants niche games? Maybe Chris Roberts could buy them out… and oh god no.

Actually you would have to see a vision for doing better with frontiers assets before doing that. Nevermind. It’s probably all good will ironically..

 

[Ca$hback]

Imagine a reboot back to the Horizons release, then they zig instead of zag with every decision they made. Progressive releases of planetary features: caves>coloured skies>thin atmosphere/drag>thick atmosphere/drag>weather>breathable atmosphere>flora>fauna>open-air cities etc... and starting space-legs with zero-G ship interiors/repairs>planet surface>station interiors>city/outpost interiors>t-rex hunting etc...
Then flesh out the professions and make them viable and competitive beyond RP.
Some stuff is more of an overhaul like the instancing or changing the HUD colors.
I'd love it if another dev bought the assets and started working on Elite 2

 

[Koben]

I'd be more than happy to purchase Chrome/Gold paint jobs as soon they return... in fact I've been waiting for this day since 2017!

Frontier has another chance to sell us what we actually want whenever Fleet Carrier interiors arrive. They should really consider making a special event out of it with Chrome/Gold returning to the store for every ship, including Fleet Carriers, along with several new cosmetics... just not buying the Chromed nor Golden ones.

For sure this would help their cash balance!

 

[Ralph Vargr]

Complicated stuff for FD

Unless they have contractual obligations, they should be slashing unprofitable titles and putting all their resources into anything that can turn a profit or they will be in dire straights.

They tried drawing for an inside straight?

 

[hems303]

Did you make a profit?

Also, never good to be emotionally invested in any investment where you might need to make objective decisions.

Totally agree with your comment and yes I did get a nice return in the medium term despite originally looking toward a long-term (retirement annuity) investment.
From an investor perspective; I came to the conclusion that FDEV had now reaped the optimum return on their own current IP's (Putting on my other ill-advised hat as a customer; EDO having lost it's way so to speak) and the reducing income from third party IP's involving FDEV stumping up quite considerable licence fee's to the various IP Holders ...(so eating into the previously good Profit vs. Loss dynamic) . That is my main reason for pulling out of FDEV stock* ... which my broker service advised against in the first place.. with hindsight they were too negative.. and despite the Tencent (high▲@ $98, current▼@ $59) input, I think FDEV (high▲@ £3300, current▼@ £1700) is STILL a reasonable investment bet (long-term) for the 'amateur' or small private investor. o7

*Agony_Aunt as you pointed out; my emotional investment in the game was very much adversely colouring my financial investment... I should have pushed for more FDEV post Odyssey launch, NOT jump ship!....Not good!

 

[Manticore]

Also, never good to be emotionally invested in any investment where you might need to make objective decisions.

Absolutely. But you always need to make objective decisions.

 

[Manticore]

Totally agree with your comment and yes I did get a nice return in the medium term despite originally looking toward a long-term (retirement annuity) investment.
From an investor perspective; I came to the conclusion that FDEV had now reaped the optimum return on their own current IP's (Putting on my other ill-advised hat as a customer; EDO having lost it's way so to speak) and the reducing income from third party IP's involving FDEV stumping up quite considerable licence fee's to the various IP Holders ...(so eating into the previously good Profit vs. Loss dynamic) . That is my main reason for pulling out of FDEV stock* ... which my broker service advised against in the first place.. with hindsight they were too negative.. and despite the Tencent (high▲@ $98, current▼@ $59) input, I think FDEV (high▲@ £3300, current▼@ £1700) is STILL a reasonable investment bet (long-term) for the 'amateur' or small private investor. o7

*Agony_Aunt as you pointed out; my emotional investment in the game was very much adversely colouring my financial investment... I should have pushed for more FDEV post Odyysey launch, NOT jump ship!....Not good!

At least there's one other person (there may be more except I can't be bothered reading through all the ignorant tripe from losers) in this thread who has their head screwed on when it comes to stocks and investments.... whether it's FD stock or not is irrelevant.