I am not entirely sure does the drop in share price tell much from the attitudes of the shareholders. A more illustrative is to look at the list of trades done recently, none of which are actually done by the insiders as suggested here. The last insider trade was actually made 15th of February this year, not 15th of March. There have been three somewhat bigger transactions within which there has been traded a total of some 75,000 shares which is not much from the total of 18,000,000+ tradable shares the company has. If the shareholders would see the game as a sinking ship there would have been a significant amount of trades recently. After all, a weekly drop of 4% for a company that is traded fairly little is not all that much.
It is intriguing that other financial documents of Star Vault have not received similar interest. For example, the latest financial statement from Star Vault for the fiscal year 2009 shows that open beta has had a total of 83,000 testers, which I find quite a bit to be honest. Not to mention that they managed to sell 11,000 copies of the game before the open beta. It will be interesting to see how many of these 70,000+ open beta testers who have not bought their copy will actually buy one once the game is launched. If their forums is of any indication, roughly 30-40% of everyone visiting there would subscribe the game which would, by all means be more than a resounding success story. Something that I personally find hard to believe, but you never know
I think that data like this would provide much more productive a discussion and would base on something more tangible than market analysis that even those who are paid for doing it can't explain. Hence, maybe the new focus of this thread could be that end of year financial statement you can find from the web-page linked above on some message. It is written in Swedish but a friendly Babelfish or some native speaker is likely more than willing to iron out all sorts of misunderstandings.
Looks like they announced the "March release" around the 14th or 15th - Look at the stock take a nosedive since that time.
Before that it has been steadily up an down (seems to have peaked in 08) but since the 15th its been a huge downward trend.
I suggest even the investors realize the game isnt close to ready and are selling off to cut their losses.
OMG the stock has gone up since you started this thread. (2.67 when you started the thread, 2.86 at the close of business today) That must prove something.
Looks like they announced the "March release" around the 14th or 15th - Look at the stock take a nosedive since that time.
Before that it has been steadily up an down (seems to have peaked in 08) but since the 15th its been a huge downward trend.
I suggest even the investors realize the game isnt close to ready and are selling off to cut their losses.
OMG the stock has gone up since you started this thread. (2.67 when you started the thread, 2.86 at the close of business today) That must prove something.
Looks like they announced the "March release" around the 14th or 15th - Look at the stock take a nosedive since that time.
Before that it has been steadily up an down (seems to have peaked in 08) but since the 15th its been a huge downward trend.
I suggest even the investors realize the game isnt close to ready and are selling off to cut their losses.
OMG the stock has gone up since you started this thread. (2.67 when you started the thread, 2.86 at the close of business today) That must prove something.
Ya, someone got rich... the stock value increased with $0,03.
Lol....wut? Bright light big city :S
Sorry if that was confusing. I was just pointing out the absurdity of the whole thread. Short term gains and losses do a poor job of reflecting the quality of the game or game development process, so should probably be ignored for the most part. That being said, the stock price at the close of business Friday was 3.92 (basically where it was when release was announced)
Ya, someone got rich... the stock value increased with $0,03.
Lol....wut? Bright light big city :S
Sorry if that was confusing. I was just pointing out the absurdity of the whole thread. Short term gains and losses do a poor job of reflecting the quality of the game or game development process, so should probably be ignored for the most part. That being said, the stock price at the close of business Friday was 3.92 (basically where it was when release was announced)
Pretty sure you mean 2.92 there.........
Just hang on though.. only 1.5 hours left until close of business in Sweden. We will see what the announcement is soon!
All time classic MY NEW FAVORITE POST! (Keep laying those bricks)
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Proudly wearing the Harbinger badge since Dec 23, 2017.
Coined the phrase "Role-Playing a Development Team" January 2018
"Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
Ya, someone got rich... the stock value increased with $0,03.
Lol....wut? Bright light big city :S
Sorry if that was confusing. I was just pointing out the absurdity of the whole thread. Short term gains and losses do a poor job of reflecting the quality of the game or game development process, so should probably be ignored for the most part. That being said, the stock price at the close of business Friday was 3.92 (basically where it was when release was announced)
I agree with you was only adding to it.
It's a small company there's no reason to read anything out from their stock, the IT'bubble existed some ten years ago
It's also worth so little so just 1 cent will make up for a couple procentage in difference. The last trade I watched earlier today was for 292kr around $35.
Have to agree with osmunda here -- stock price is not indicative of a quality product or not.
It is however, indicative of investor concerns about the game, whether founded or unfounded fears. While the graphs make it seem pretty drastic, basically SV is what we call in the US, a "penny" stock so it's basically worthless anyway. Honestly, I think the major reason to have SV listed on the exchange is for tax benefits and things like that, otherwise it's a total waste to bother.
That said... I'm interested to see what the news comes today. The market is not generally 'attune' to MMO releases unless they are a "big product offering" from "Blizzard" or some other large giant name game maker. So the announcement will probably not have any effect on SV's share price, and the volume being traded nowadays is so small that it's rather irrelevant anyway.
That said, they did hire a PR guy from their own records, which is kind of funny considering how bad PR MO has.
Interesting to note that Ulf Nystrom who is listed as a 'relative or similar' and a Deputy Board member just sold all his shares in StarVault.. Funny that he did it just before the big announcement about the delay... hmmmm
Interesting to note that Ulf Nystrom who is listed as a 'relative or similar' and a Deputy Board member just sold all his shares in StarVault.. Funny that he did it just before the big announcement about the delay... hmmmm
Interesting to note that Ulf Nystrom who is listed as a 'relative or similar' and a Deputy Board member just sold all his shares in StarVault.. Funny that he did it just before the big announcement about the delay... hmmmm
Insider trading is perfectly legal. If, on the other hand, there is non-public information that is deemed harmful or beneficial to share price and insider is seen abusing it, then it is illegal. Also, you must have read different list as he sold those shares two weeks before the announcement about the delay. Nonetheless, all information from insider trading will be sent directly to Swedish Financial Supervisory Authority, as pointed out by the aktietorget.se website. Financial supervisor will monitor these transactions and will take action when needed.
You can sleep easily now that you know that there is nothing to worry about. Please do remember to remove the tinfoil hat before you go to bed, thou as it might be somewhat uncomfortable.
Interesting to note that Ulf Nystrom who is listed as a 'relative or similar' and a Deputy Board member just sold all his shares in StarVault.. Funny that he did it just before the big announcement about the delay... hmmmm
Insider trading is perfectly legal. If, on the other hand, there is non-public information that is deemed harmful or beneficial to share price and insider is seen abusing it, then it is illegal. Also, you must have read different list as he sold those shares two weeks before the announcement about the delay. Nonetheless, all information from insider trading will be sent directly to Swedish Financial Supervisory Authority, as pointed out by the aktietorget.se website. Financial supervisor will monitor these transactions and will take action when needed.
You can sleep easily now that you know that there is nothing to worry about. Please do remember to remove the tinfoil hat before you go to bed, thou as it might be somewhat uncomfortable.
Insider trading isn't "Perfectly legal". It's a very gray area where the people who commit it are often never caught.
You can read the common European directive from insider dealing if you have doubts of its purpoted legality (Sweden is a member of European Union, hence, the directive has to be put into effect nationally). There is a number of safeguard measures in said directive which, supposedly, are there to prevent one from abusing insider information, i.e., non-public market information. These measures especially promote transparency, which, as you can see, is fulfilled in this particular case because we can with relative ease peruse all of those insider dealings. All transactions can be done illegally but it does not mean that your transaction of buying a bottle of milk from the grocery store should be seen, a priori, as a theft.
Interesting to note that Ulf Nystrom who is listed as a 'relative or similar' and a Deputy Board member just sold all his shares in StarVault.. Funny that he did it just before the big announcement about the delay... hmmmm
Insider trading is perfectly legal. If, on the other hand, there is non-public information that is deemed harmful or beneficial to share price and insider is seen abusing it, then it is illegal. Also, you must have read different list as he sold those shares two weeks before the announcement about the delay. Nonetheless, all information from insider trading will be sent directly to Swedish Financial Supervisory Authority, as pointed out by the aktietorget.se website. Financial supervisor will monitor these transactions and will take action when needed.
You can sleep easily now that you know that there is nothing to worry about. Please do remember to remove the tinfoil hat before you go to bed, thou as it might be somewhat uncomfortable.
I'm not claiming anything but I did find the timing to be interesting as well as the fact that this guy who is a board member and seems to be a relative sold all his stock and reduced his position to ZERO. Not exactly a strong statement of support by a guy in the know...
Of course it could just be a family fight and the guy wants nothing to do with the project anymore.. I have no idea.. simply thought it was an interesting tidbit.
All time classic MY NEW FAVORITE POST! (Keep laying those bricks)
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Proudly wearing the Harbinger badge since Dec 23, 2017.
Coined the phrase "Role-Playing a Development Team" January 2018
"Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
You can read the common European directive from insider dealing if you have doubts of its purpoted legality (Sweden is a member of European Union, hence, the directive has to be put into effect nationally). There is a number of safeguard measures in said directive which, supposedly, are there to prevent one from abusing insider information, i.e., non-public market information. These measures especially promote transparency, which, as you can see, is fulfilled in this particular case because we can with relative ease peruse all of those insider dealings. All transactions can be done illegally but it does not mean that your transaction of buying a bottle of milk from the grocery store should be seen, a priori, as a theft.
I'm not commenting on the legality of the transaction. I am just saying that insider trading isn't as cut and dry as you previously said.
Comments
I am not entirely sure does the drop in share price tell much from the attitudes of the shareholders. A more illustrative is to look at the list of trades done recently, none of which are actually done by the insiders as suggested here. The last insider trade was actually made 15th of February this year, not 15th of March. There have been three somewhat bigger transactions within which there has been traded a total of some 75,000 shares which is not much from the total of 18,000,000+ tradable shares the company has. If the shareholders would see the game as a sinking ship there would have been a significant amount of trades recently. After all, a weekly drop of 4% for a company that is traded fairly little is not all that much.
It is intriguing that other financial documents of Star Vault have not received similar interest. For example, the latest financial statement from Star Vault for the fiscal year 2009 shows that open beta has had a total of 83,000 testers, which I find quite a bit to be honest. Not to mention that they managed to sell 11,000 copies of the game before the open beta. It will be interesting to see how many of these 70,000+ open beta testers who have not bought their copy will actually buy one once the game is launched. If their forums is of any indication, roughly 30-40% of everyone visiting there would subscribe the game which would, by all means be more than a resounding success story. Something that I personally find hard to believe, but you never know
I think that data like this would provide much more productive a discussion and would base on something more tangible than market analysis that even those who are paid for doing it can't explain. Hence, maybe the new focus of this thread could be that end of year financial statement you can find from the web-page linked above on some message. It is written in Swedish but a friendly Babelfish or some native speaker is likely more than willing to iron out all sorts of misunderstandings.
OMG the stock has gone up since you started this thread. (2.67 when you started the thread, 2.86 at the close of business today) That must prove something.
http://www.aktietorget.se/QuotesInstrument.aspx?InstrumentID=SE0002149369&Language=2&Graph=6
YAY!
This is 100% clear sign that WoW is done. MO will be the new mmorpg blockbuster! Just look at the stock prices! Its all there!
Ya, someone got rich... the stock value increased with $0,03.
Lol....wut? Bright light big city :S
I'm so broke. I can't even pay attention.
"You have the right not to be killed"
Sorry if that was confusing. I was just pointing out the absurdity of the whole thread. Short term gains and losses do a poor job of reflecting the quality of the game or game development process, so should probably be ignored for the most part. That being said, the stock price at the close of business Friday was 3.92 (basically where it was when release was announced)
Pretty sure you mean 2.92 there.........
Just hang on though.. only 1.5 hours left until close of business in Sweden. We will see what the announcement is soon!
All time classic MY NEW FAVORITE POST! (Keep laying those bricks)
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Proudly wearing the Harbinger badge since Dec 23, 2017.
Coined the phrase "Role-Playing a Development Team" January 2018
"Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
I agree with you was only adding to it.
It's a small company there's no reason to read anything out from their stock, the IT'bubble existed some ten years ago
It's also worth so little so just 1 cent will make up for a couple procentage in difference. The last trade I watched earlier today was for 292kr around $35.
I'm so broke. I can't even pay attention.
"You have the right not to be killed"
Have to agree with osmunda here -- stock price is not indicative of a quality product or not.
It is however, indicative of investor concerns about the game, whether founded or unfounded fears. While the graphs make it seem pretty drastic, basically SV is what we call in the US, a "penny" stock so it's basically worthless anyway. Honestly, I think the major reason to have SV listed on the exchange is for tax benefits and things like that, otherwise it's a total waste to bother.
That said... I'm interested to see what the news comes today. The market is not generally 'attune' to MMO releases unless they are a "big product offering" from "Blizzard" or some other large giant name game maker. So the announcement will probably not have any effect on SV's share price, and the volume being traded nowadays is so small that it's rather irrelevant anyway.
That said, they did hire a PR guy from their own records, which is kind of funny considering how bad PR MO has.
Interesting to note that Ulf Nystrom who is listed as a 'relative or similar' and a Deputy Board member just sold all his shares in StarVault.. Funny that he did it just before the big announcement about the delay... hmmmm
http://www.aktietorget.se/InsiderDetail.aspx?ID=1253&ID_Company=138&Language=2
All time classic MY NEW FAVORITE POST! (Keep laying those bricks)
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Proudly wearing the Harbinger badge since Dec 23, 2017.
Coined the phrase "Role-Playing a Development Team" January 2018
"Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
This is interesting. Is that Henrik's brother/cousin?
He who keeps his cool best wins.
Insider trading is perfectly legal. If, on the other hand, there is non-public information that is deemed harmful or beneficial to share price and insider is seen abusing it, then it is illegal. Also, you must have read different list as he sold those shares two weeks before the announcement about the delay. Nonetheless, all information from insider trading will be sent directly to Swedish Financial Supervisory Authority, as pointed out by the aktietorget.se website. Financial supervisor will monitor these transactions and will take action when needed.
You can sleep easily now that you know that there is nothing to worry about. Please do remember to remove the tinfoil hat before you go to bed, thou as it might be somewhat uncomfortable.
Insider trading isn't "Perfectly legal". It's a very gray area where the people who commit it are often never caught.
He who keeps his cool best wins.
You can read the common European directive from insider dealing if you have doubts of its purpoted legality (Sweden is a member of European Union, hence, the directive has to be put into effect nationally). There is a number of safeguard measures in said directive which, supposedly, are there to prevent one from abusing insider information, i.e., non-public market information. These measures especially promote transparency, which, as you can see, is fulfilled in this particular case because we can with relative ease peruse all of those insider dealings. All transactions can be done illegally but it does not mean that your transaction of buying a bottle of milk from the grocery store should be seen, a priori, as a theft.
March Release "officially announced" March 13th here: http://www.mortalonline.com/news/march-13-03-10
Stock sold March 16th...
Game delayed again on March 29th...
I'm not claiming anything but I did find the timing to be interesting as well as the fact that this guy who is a board member and seems to be a relative sold all his stock and reduced his position to ZERO. Not exactly a strong statement of support by a guy in the know...
Of course it could just be a family fight and the guy wants nothing to do with the project anymore.. I have no idea.. simply thought it was an interesting tidbit.
All time classic MY NEW FAVORITE POST! (Keep laying those bricks)
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Proudly wearing the Harbinger badge since Dec 23, 2017.
Coined the phrase "Role-Playing a Development Team" January 2018
"Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
I'm not commenting on the legality of the transaction. I am just saying that insider trading isn't as cut and dry as you previously said.
He who keeps his cool best wins.