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EA falls on broker concerns about 'Star Wars'


lougratz

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People are dropping FAST. I knew SW:TOR would fail, but I didn't think it would be this fast.

 

 

I suppose my extrapolation of ~352k subs in 45 days might be too generous rofl.

Edited by Xugos
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ITT: People have no idea how stocks work.

 

ITT: irony.

 

 

EA has been on a negative trend ever since 1 week after launch. It's because they KNOW how many people are cancelling, and their primary shareholders are subsequently bailing out.

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While I am no means a market type person nor a stock owner I find it humorous that one video game can affect a stocks worth.

 

Wouldn't that be similar to Ford's worth dropping if there was a recall on mustangs for an engine issue? This has never happened to my knowledge, but like I said I am not a market person.

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ITT: irony.

 

 

EA has been on a negative trend ever since 1 week after launch. It's because they KNOW how many people are cancelling, and their primary shareholders are subsequently bailing out.

 

Or it could be because stocks are about emotion, crowd psychology and BS, rather than reality.

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So one analyst is estimating something and changed his plans, which caused the shares of EA as a company to drop by 3%. Which obviously means Star Wars is failing.. did i get this right?

 

Sadly, I can accept this as being representative of the current idiotic state of our markets.

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