Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

I this actualy true ? Did funcom have 60%d rop in stock since july 15 ?

DatcydeDatcyde Member UncommonPosts: 573

 Hey I dont have aoc i did have a preorder but canceled because they made me pay for open beta.

Here is the link.

http://wowriot.gameriot.com/blogs/Epidemic-Obesity/Funcom-Investors-Jump-Ship-as-Age-of-Conan-Founders/

Comments

  • DarwaDarwa Member UncommonPosts: 2,181

    You're better off asking Google than in here if you're after facts.

    However, I looked it up and made it 53%. I'm no economic genius by a long shot, so maybe I screwed up the numbers. Either way, it's a large amount.

  • DatcydeDatcyde Member UncommonPosts: 573

     I'm not really a econ guy either  seems like they brought out a unfinished game like when they brought out shadow lands  and on top of that their treated customer horrible.

  • JackdogJackdog Member UncommonPosts: 6,321

    22.80 close today divided by the high of 55.50  = a 59% drop

    uk.finance.yahoo.com/q/bc

    I miss DAoC

  • Ender4Ender4 Member UncommonPosts: 2,247

    The drop is no big deal given the state of the stock market and the fact that the game isn't growing.  What is a big deal is how far it dropped, it is back down to where it was 2 years ago when the game was still in development.  That is a really bad thing, it means the game itself did not increase the value of the company even though they put 5 years of work into it.

  • ArtermisArtermis Member Posts: 172

    cool, mmorpg.com playing at being stock analysts again.

    Consider this........people buy shares cheap (right before a mmo launch) and sell it 2 to 3 weeks after release for the highest price.

    Once financial figures are released for the quarters to decemeber its not going to be very clear....

  • Neo2008Neo2008 Member Posts: 3

    Their stock has been dropping as fast as players leaving.

  • MathosMathos Member Posts: 897

    you can lie to the players but you cant lie to the people that give you credit when you need it.

    or to the stock markets lol

  • MathosMathos Member Posts: 897
    Originally posted by Artermis


    cool, mmorpg.com playing at being stock analysts again.
    Consider this........people buy shares cheap (right before a mmo launch) and sell it 2 to 3 weeks after release for the highest price.
    Once financial figures are released for the quarters to decemeber its not going to be very clear....



     

    if they are that is

  • AmazingAveryAmazingAvery Age of Conan AdvocateMember UncommonPosts: 7,188
    Originally posted by Neo2008


    Their stock has been dropping as fast as players leaving.



     

    Guess what its pretty much the same as it was back in January :)



  • EnigmaEnigma Member UncommonPosts: 11,384
    Originally posted by AmazingAvery

    Originally posted by Neo2008


    Their stock has been dropping as fast as players leaving.



     

    Guess what its pretty much the same as it was back in January :)



     

    which is not a good thing since the shareholders in January was betting on the fact that Age of Conan would be successful.

     

    People who have to create conspiracy and hate threads to further a cause lacks in intellectual comprehension of diversity.

  • AmazingAveryAmazingAvery Age of Conan AdvocateMember UncommonPosts: 7,188
    Originally posted by Enigma

    Originally posted by AmazingAvery

    Originally posted by Neo2008


    Their stock has been dropping as fast as players leaving.



     

    Guess what its pretty much the same as it was back in January :)



     

    which is not a good thing since the shareholders in January was betting on the fact that Age of Conan would be successful.

     



     

    Yes that would be the many hundreds of shareholders who thought that AoC would skyrocket so much and sales figures would surpass WoW's and what happend? it didn't, they couldn't cash out at $200 a share.

    What I find most interesting is the comments on page 3 of the link above, especially the negative hate campaign that site is doing harvesting peoples clicks.

    Lets not have our head in the clouds, the stock is no worse than it has even been looking at the bigger picture and the game is not all that it cracked up to be on the hype machine, but its not the worst game in the world either.



  • GazenthiaGazenthia Member Posts: 1,186

    I'm not surprised. Between the economy and the game, I'm sure (happy) that their stocks are getting hammered. Remember that we are only seeing the common stock depreciating, common sense dictates that they are/have losing/lost significant subscriber money-flow.

    ___________________
    Sadly, I see storm clouds on the horizon. A faint stench of Vanguard is in the air.-Kien

    http://www.penny-arcade.com/comic/2006/12/13/

  • RexNebularRexNebular Member Posts: 259
    Originally posted by AmazingAvery

    Originally posted by Enigma

    Originally posted by AmazingAvery

    Originally posted by Neo2008


    Their stock has been dropping as fast as players leaving.



     

    Guess what its pretty much the same as it was back in January :)



     

    which is not a good thing since the shareholders in January was betting on the fact that Age of Conan would be successful.

     

    Lets not have our head in the clouds, the stock is no worse than it has even been looking at the bigger picture and the game is not all that it cracked up to be on the hype machine, but its not the worst game in the world either.



     

    I don't think shareholders are going to be satisfied with the fact that the stock "is no worse than it has been". If the price is the same as it was a year ago, then they lost money. And they probably invested in Funcom hoping they'd make some, don't you think?

  • RavenRaven Member UncommonPosts: 2,005
    Originally posted by Artermis


    cool, mmorpg.com playing at being stock analysts again.
    Consider this........people buy shares cheap (right before a mmo launch) and sell it 2 to 3 weeks after release for the highest price.
    Once financial figures are released for the quarters to decemeber its not going to be very clear....

     

    Ohhh... so you want to play too?

    image

  • RavenRaven Member UncommonPosts: 2,005
    Originally posted by AmazingAvery

    Originally posted by Enigma

    Originally posted by AmazingAvery

    Originally posted by Neo2008


    Their stock has been dropping as fast as players leaving.



     

    Guess what its pretty much the same as it was back in January :)



     

    which is not a good thing since the shareholders in January was betting on the fact that Age of Conan would be successful.

     



     

    Yes that would be the many hundreds of shareholders who thought that AoC would skyrocket so much and sales figures would surpass WoW's and what happend? it didn't, they couldn't cash out at $200 a share.

    What I find most interesting is the comments on page 3 of the link above, especially the negative hate campaign that site is doing harvesting peoples clicks.

    Lets not have our head in the clouds, the stock is no worse than it has even been looking at the bigger picture and the game is not all that it cracked up to be on the hype machine, but its not the worst game in the world either.

     

    OFC its not the worst in the world I think this is  uk.gamespot.com/pc/driving/bigrigsotrr/review.html.

    i would say AoC is middle scale, which is pretty crap.  Not the worst tho ill give you that.

     

    image

Sign In or Register to comment.