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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks
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To: MCsweet who wrote (1464)7/12/2011 1:53:33 PM
From: Jurgis Bekepuris  Read Replies (1) of 1931
 
she is negative on Ragnarok, saying that it is 2nd tier and losing popularity (at least in Korea).

This is not news. Ragnarok is ages old. It's as if you asked about EverQuest I in USA. The surprising part is not that it's declining, but that people are still playing it and paying for items in it. In Japan of all the places. Why they don't play something newer and better is a mystery (perhaps nostalgia and social ties).

She has not heard of Ragnarok 2 roll out and does not seem excited about it.

If people were excited about Ragnarok 2, the stock would not trade where it trades.

Nobody believes that GRVY will have a hit. If they do, the stock goes 10x from here. If they have a small success, we may still get 2x or so. If they don't release Ragnarok 2 at all (I give about 30-40% chance to this supernegative outcome), we may still be at 1x to 0.8x from here.
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