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That's a slightly naive point of view. Haven't you been watching the manipulation of other shares during the pandemic? RR will be in for a bumpy ride. It'll be a great trading share for a little while IMHO.
Having known people who've died of Covid19, I find comments from the likes of Rookie1 particularly distasteful.
I don't think this sort of discussion has any place on an investment forum. If you have the type of mindset where you're predisposed to believing in conspiracy theories, go and discuss it somewhere else. I'm sure the flat earthers will welcome you with open arms.
I think these predictions are being fueled by something a bit stronger than single malt.
So what happened to your prediction of £15 by last Tuesday? Are you just generating these using the True Random site?
Ocado have responded with a veiled thread regarding their own patents, saying they are, "investigating whether Autostore has or intends to infringe those patents". Fighting fire with fire?
Not advice, just an observation: a similar thing happened with GMR. After a fabulous update, the share price dropped quite a bit. It picked up the next day and I wondered if it was just market makers having their fun.
"Propel us into the 30's"? Hyperbole on overdrive there. :-) Breaking 25 would be a good result IMHO.
The user reviews for PC3 aren't filling me with confidence. The Codies must be wondering what they got for their money when they bought Slightly Mad Studios. I'm out for now.
Good luck to everyone who's holding.
Yes, Codemasters has been good. Some of my other decisions, not so much. Premier Oil taught me not to play with fire.
Steam Reviews for Project Cars 3 aren't going well. 52% positive so far. At least people are buying it. There's a distinct lack of user reviews for Fast and Furious on Steam or Amazon.
It's not unusual for this share to be static. It usually spikes up on news and then stays static until it hits its trend line. The exception was the F1 2020 release, where the price shot up and then quickly retraced all the way down again. That was painful and had me really wishing I'd sold out on the jump.
I've been in since 240, so Codemasters have been good for me. I sold out a big chunk when the Fast and Furious reviews hit and am just playing with profits at this point.
I was thinking it would only be the sort of people with gaming chairs and steering wheels who'd be put off by PC3, i.e. the minority. IGN posted a 6/10 review today which doesn't bode well unfortunately.
I'm not sure you can believe what analysts say about small gaming companies. For a company of Codemasters's size, a couple of flops would hurt them really badly, regardless of how good things have looked so far. Personally I'm cautiously holding until there's a clearer idea of which way the wind is blowing.
Yea, that was odd. I tried and was only offered the lower price on opening.
Project Cars 3 will be on wide release tomorrow. We should quickly get an idea what the masses think of it.
Delayed reaction to early Project Cars 3 reviews perhaps? Feedback seems to be average to good so far. It sounds like the game is aiming at the Forza/Grand Turismo audience, rather than the hard-core simulation crowd. Could be a smart move as that ought to be where the money is.
Excellent results last week, yet the price continues its march downwards. What's going on with this share?
A lot is hinging on Project Cars 3 IMHO. The acquisition of Slightly Mad Studios will start to look expensive if PC3 reviews are as bad as they were for the Fast and Furious game.
Reviews from journalists and users are not good. For the PS4 version, Metacritic currently has an average of 36% for critic reviews and 2.5/10 for users. PC and Xbox One look to be going the same way, as you'd expect, although not enough stats there yet. Unlike, say, Last of Us 2, this wasn't a game likely to be review-bombed for political reasons. Looks like it's just plain bad.
The writing was on the wall when no review copies were sent out prior to release. That stank of damage control.
Longer-term, definitely. However, I'd expect a bumpy ride over the next couple of weeks due to the savaging the Fast and Furious game is getting in the press. Sales will look good initially due to preorders and are then likely to go off a cliff.