Don, thanks for pointing this one out to me last week on the THDO thread. You were right to bail, i shorted it monday, got to love this<G>. i'm out now, 8 points in a day. I have no idea what this CEO is thinking, ERTS, ATVI, etc have millions socked away to buy licenses. I guess the company will still get crumbs, but there's some big gorillas out there. My guess is he's going to need more cash, look for a secondary, or convertible notes soon.It's too big of a pond to be a little fish. I guess they can continue to develop sub-par PC games, or see if "twitchers" like RPG'S. Who knows, i might go long when the dust settles, i perfer to wait for the knife to stick though.
Alex |