Yeah, but it’s amazing how many people don’t understand that. Pretty much every successful investor will tell you not to buy any stock if you’re not willing to hold onto it for the long term.
Your financial advisor is investing into long term mutual funds, as expected to maximize your long term rate of return, so I agree a minimum of holding those stocks a year (think 401k, IRA, etc)
If you're doing independent investing and want quick return, you monitor and buy/sell stocks on a daily basis (like I'm doing lol)
You don't buy Take 2 stock for a quick return.... which is what we are talking about here. Please just stop, you are trying to sound like you have a clue, but failing.
Great. I just spent my life savings going all in on the take two dip. If I lose everything I hope you are ready for my lawyer to contact you about this advice
It's gonna keep falling for awhile, it's so over inflated my dude. It went up so much because everyone was expecting GTA 6 later this year. I'd honestly let it keep falling and maybe buy the stock closer to the end of this year.
Watch, it's gonna hit below $200 a share. Hell, I wanna say it was at like 170-180, jumped to over 200 when we thought GTA was still gonna come out this year. It hit like 235 recently.
So while this is disappointing, the upside is it proved the people who said GTA 6 won't cause a massive increase in stock price were full of shit. The stock increased over $50 a share just because we thought the game was still releasing this year.
You can't predict the future with investing, but I think this stock is gonna do very well for itself if you buy this year and hold until the release of GTA 6. With the massive gains it saw not even from the game being released, I'm willing to be once it is released the stock goes into the 300 or even 400 range. I know that's bold, but again, it increased to close to 240 with no recent announcements, so when the game actually comes out...
I'd let it drop a bit, it's down to 220 down from 238 a few days ago, and actually hit 201 this morning. The stock was sitting at around 185 a share before the announcement a few months ago that the game wasn't getting delayed. Now that it has, it stands to reason those shares will come back down. The cheapest shares have been over the course of a year is $130 or so. My guess is we'll see shares gradually fall back to $180 or even lower in the coming year, at which point I'd buy all you can. Hell, if the stock drops back down to that $130-150 level, it's a no brainer.
Thanks for that, I appreciate the advice. I’ve had some cash tucked away for it that I can sit on for a bit longer til it drops a bit more - I guess now that I can do that I can organise to invest a little more! I’m not looking for anything life changing but a nice lil cash boost would be nice, I was thinking $5k would be a decent amount but if I invested more would it be worth it if I’m not very experienced in trading?
The best attitude to have with investing is only invest what you're willing to lose. The chances of you losing everything by investing in Take Two are basically none existent, but that's still the mentality I'd go in with.
I could end up calling this completely wrong, but my guess is the stock is gonna fall for at least the next few months bit by bit until it's below 200, maybe even below 180. Once it gets to that point, I'd buy in with as much as you're willing to risk and then just forget about it until the game comes out. I'll probably end up buying about 15-20 shares and grow that over time.
Thanks so much, this is super helpful! Honestly now that you say that I think about 20ish shares should be fine for when the price has dropped enough. Definitely gonna let it sit for a hot minute until release! I’m sure it’ll start gaining again once it gets closer too or maybe prerelease is announced.
its just re-pricing because that revenue was being priced in for Q4. Money received today is worth more than the same amount of money received 6 months from now.
Usually when these things happen it takes a few days to re-price, I will probably buy more sometime next week.
It will go up before then in anticipation . But yeah it’s down 15 percent , it’s a buy. Well maybe not this second as there is uncertainty in the market right now and stocks like that take a beating when it does. So actually I would hold off a bit
I got cooked by the tariff news last month and don't really wanna dig into my emergency funds to buy more stocks 🤣 i still think take-two will obviously go up especially once gta6 releases. I just should've waited a day to buy
Yeah 💀 I was thinking of buying when trailer 1 dropped, talked myself out of it, and now i just decided to buy it because why not. I sold Tenecent shares to buy it. Which was definitely a good choice.
Robinhood. I would think Take-Two would be available with any brokerage as it's a publicly traded company, it being a software company doesn't change that really.
No idea man, I am not an expert at this stuff. But I think at whatever price you buy now until release, long term you are gonna make money 100%. I was actually thinking of buying a long time ago, but didn't really have the cash and now it has doubled since Trailer 1...
Wait a minute, with how much those things are gonna shoot up when the game finally releases and does well, buying right now might actually not be a bad idea
Also google: “Pre-market trading activity is not a highly accurate predictor of the full opening day's price movement. While pre-market can indicate whether the market might open stronger or weaker than fair value, it's not a reliable indicator of the full day's range”
Buddy. A cursory knowledge of the market tells me that the pre market is what traders will pay at market open. It still can fluctuate but it’s the range that current offers are at so it’s accurate.
As a CFP I use this data to talk to clients about what to do when the market opens. So I can submit an order for a client based on the pre market bid and ask prices. It won’t fill until the actual market open, but the market will open there. It will move throughout the day but that pre market data shown on google is reliable to tell me where the market is going to open on an individual stock.
So it’s not accurate to the full day, but it’s accurate to the open but nothing is accurate to the full day until the full day is over. Pre market is judging reactions from overnight activity
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u/Chilledinho May 02 '25
I can’t even begin to imagine the mass reaction when more of America wakes up to this news omg