Take-two Interactive Software, Inc. (ttwo) Still Living The Gta Dream?

Discussion in 'Investment Charts' started by Chartman, Aug 5, 2018.

  1. longtermbull

    longtermbull Administrator Staff Member

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    Disappointing guidance going forward at the same time as an indictaion from Electronic Arts that competition in the sector is growing were behind the share price fall. Let them settle a little lower then I think we go again, picking up small packages on weakness. Long term I am still positive on the company.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    There seems to be some support just above $90 but I am very surprised to see this share so low. Might it become a takeover target at some point? The company must have a very very strong back catalogue?
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    There must be more going on behind the scenes for a fall of this magnitude? While I appreciate the recent figures and guidance werent great, surely those alone do not warrant the kind of fall we have seen so far?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    I have been ready to press the buy button a few times recently but this one just doesnt "smell" right. More often than not markets do know best but I just cant understand why the shares seem to be under constant pressure.
     
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