[Ryanbashaw]

I don't give a sh*t about your stocks I hope you burn in hell

[Carl CJ Johnsons Brother Brian]

QUOTE (Ryanbashaw @ Thursday, Aug 2 2012, 19:04)

I don't give a sh*t about your stocks I hope you burn in hell

Uhm, he didn't say anything against you, you know?

[mvega0422]

Just want to tell you congratulations... my current price target is $15 by January 31st.

PS: Don't base your trades on my words (or anyone else's) -- you must always do your own research as well.

[eatsleepmate]

QUOTE (Ryanbashaw @ Thursday, Aug 2 2012, 19:04)

I don't give a sh*t about your stocks I hope you burn in hell

Don't worry boy. One day, probably in the distant future, your balls will drop and you'll come out of the closet.

Until then, tone down the negativity.

[poklane]

I may ask my mom to buy some (if she has money). By father died over 10 years ago, and I got a little brother and sister, so she can't work, so I think she can use the money.

[mvega0422]

QUOTE (poklane @ Thursday, Aug 2 2012, 19:07)

I may ask my mom to buy some (if she has money). By father died over 10 years ago, and I got a little brother and sister, so she can't work, so I think she can use the money.

Not sure if that's the greatest idea... the most you'll comfortably make in a decent scenario will be 100% (and even that's considered shockingly great in finance) so... unless your mom can spare a couple thousand, the most GTA V is going to help her with is the electric bill for a few months.

[Spuds725]

QUOTE (Afusensi @ Thursday, Aug 2 2012, 13:53)

How do i buy shares?

Its easy...

1. Open a brokerage account at any of a number of companies.... Etrade, ameritrade, scott trade, etc....

2. Fund the account--- which means deposit money into it (check, electronic funds transfer, etc)---

3. Put in order to buy shares... (after it is funded).... Most allow you to do this online... their commissions may vary.. typically it will be about $10 to $20 per trade-- the commission will be subtracted from you account when you initiate the trade (it is called trade since the shares trade hands-- someone sells when you are purchasing).

For example...

You deposit $1000 into a brokerage account that charges $14.99 per trade (usually up to 1000 shares at a time)...

You put in an order to buy 100 shares of taketwo interactive at whatever the market price is... (so say $9.00 per share).... your order executes usually within seconds...

Your brokerage account will now contain 100 shares of take two stock--- and $85.01 cash--- the Brokerage firm will have subtracted the $14.99 from your account when it executes.

Now say in a few months, price is $18.00 per share when you decide to sell... you put in a sell order... the order executes.

Your get $1800 for your 100 shares-- the brokerage firm will then get their $14.99 again...

Your account balance is now $85.01 + $1,785.01 = 1870.02

Thats it...

Of course you will have to pay taxes on the profit (when you file your taxes next year) if you sell and the capital gains tax rate can vary depending upon how long you hold the stock for-- if held for longer then a year you get to pay the "Romney" rate of 15%--

I have only held stock inside of an IRA so never had to worry about this--

Anyway... investing in individual stocks is risky... remember at any one moment that a stock is trading--- one person is believing it is going to go up while the one selling believes it will probably be going down (why they are selling-- why would they sell if they thought it was going to go up).

there are variations on doing this... buying on margin (borrowing money against your used $1000 as collateral) so you can buy more shares, limit orders, shorting a stock (if you think it will go down there is a way to make money off it if it actually does, but you will lose money if it goes up so it is risky too) etc.... you should read some books on the subject--- I recommend any of a number of them written by Dave and Tom Gardner... the founder of Motley Fool--- their books are informative and interesting and funny at the same time... they do have a great website and ton of content... http://www.fool.com/

HTH...

This post has been edited by Spuds725 on Thursday, Aug 2 2012, 19:30

[Dinkleberg]

hahahhahaha oh sweet jesus why? You have made a mistake. How many shares did you purchase? If you have any questions PM me my Dad is a stockbroker and I am soon to become one. Anyway, don't buy stocks because of a new release, especially because I predict the stocks to still fall to about $3. Do not sell, even though I say you made a mistake if you sell you will make a bigger mistake because of the fees that most websites charge to buy stocks, you'll be holding for a while, you should also sell your shares about 1 week after the release. If you invest anything else put it into penny stocks, right now I have money in ____. Penny stocks are anything under a dollar, I bought at 3 cents and it was 7 cents when I last checked, I put $1,000 into it so I have doubled my money already but I predict it to go to 16 cents

Please, don't mention specific stocks other than TTWO or other major games publisher. - K^2

This post has been edited by K^2 on Friday, Aug 3 2012, 06:33

[fgcarva1]

@Spuds Well, that was a nice explanation.

Guys, if you want to buy stocks (and this goes for the kids mainly), buy as many as you can. It's not worth it paying the commission if you're gonna spend 20 bucks on a stock. Hell, if they're at ~8 buy 100 shares, spend 800-something bucks on them (with commission). Like I said, stocks will go up to around thirty in a few months (I'm not a stock broker but an amateur whose guessing this, don't hold me accountable) and you'll have 100 bucks worth of $30 stocks (3,000). Sell them soon after V comes out, waiting for DLCs can be risky. 3,000 - 800= 2,200 profit. 'Nuff said.

[Spuds725]

QUOTE (fgcarva1 @ Thursday, Aug 2 2012, 15:34)

@Spuds Well, that was a nice explanation. Guys, if you want to buy stocks (and this goes for the kids mainly), buy as many as you can. It's not worth it paying the commission if you're gonna spend 20 bucks on a stock. Hell, if they're at ~8 buy 100 shares, spend 800-something bucks on them (with commission). Like I said, stocks will go up to around thirty in a few months (I'm not a stock broker but an amateur whose guessing this, don't hold me accountable) and you'll have 100 bucks worth of $30 stocks (3,000). Sell them soon after V comes out, waiting for DLCs can be risky. 3,000 - 800= 2,200 profit. 'Nuff said.

I agree-- commissions will eat you alive-- there is only so much upside in most stocks (unless you were crazy enough to buy apple stock 15 years ago)-- You want to keep your commissions as a percentage of the trade as low as you can.... so on say a $7 commission I wouldn't execute any trade under $700 (1%) is about as much as I want to pay as a commission--- and remember you pay commission too when you sell.

HTH...

I will once again urge everyone that is considering investing to educate themselves.... purchasing individual stocks is very risky-- I've made money on stocks doing this and also had my A$$ handed to me on some others....

[Tori_95]

Of course TTWO shares will worth like 30 bucks when GTA V releases, I would recommend 3000 bucks its a safe inestment like my dad did xD 50% of profit will be for me. I'm sure I'm gonna be able to buy a new Pc rig with that haha

[fgcarva1]

QUOTE (Spuds725 @ Thursday, Aug 2 2012, 16:45)

I will once again urge everyone that is considering investing to educate themselves.... purchasing individual stocks is very risky-- I've made money on stocks doing this and also had my A$$ handed to me on some others....

That's why insider trading is the solution. You get big money at the risk of going to jail for only 13 months. Hell, it's more effective than bank robberies.

OT: Seriously though kids, don't try this (investing) without the supervision of a professional.

[eatsleepmate]

QUOTE (Dinkleberg @ Thursday, Aug 2 2012, 19:32)

hahahhahaha oh sweet jesus why? You have made a mistake. How many shares did you purchase? If you have any questions PM me my Dad is a stockbroker and I am soon to become one. Anyway, don't buy stocks because of a new release, especially because I predict the stocks to still fall to about $3. Do not sell, even though I say you made a mistake if you sell you will make a bigger mistake because of the fees that most websites charge to buy stocks, you'll be holding for a while, you should also sell your shares about 1 week after the release. If you invest anything else put it into penny stocks, right now I have money in ____. Penny stocks are anything under a dollar, I bought at 3 cents and it was 7 cents when I last checked, I put $1,000 into it so I have doubled my money already but I predict it to go to 16 cents

Right, Dinkleberg... So by your "professional opinion", take two is not the stock to buy? Though it is public knowledge that by GTA 4 (a less hyped game (by marketing standpoint ( IMO))) release prices were $26.75 a share. In 2004, 2005, 2006 prices hovered between 26 and 28$ a share (04-GTA:SA, 05-GTA:LCS, 06-GTA:VCS).

Naturally, you could assume GTA V is gonna flop...

Your logic is sound young chap.

This post has been edited by K^2 on Friday, Aug 3 2012, 06:34

[fitbikesbmx]

If I had the spare cash I'd buy a 100+ shares easily. It's almost a for sure thing WHEN GTA comes out. It might not be the absolute best time to buy right now but better safe than sorry. If the stock does anything like it did when IV came out, you are looking at quite a return on your money. Best of luck to anyone who bought some shares!

[Bantri]

I'd buy a ton of shares if I had the money, but I don't so I will only buy 2 or 3. But still, at the current prince minus all the commissions stuff, with 3 shares at around $25 when GTA 5 release, I'd have the majority of the game paid for That's all I want. I am not looking to have steady income, just to securely profit off of the circumstances just enough to feel satisfied. If that means only making $30-40 profit in the end, that's okay. That's $30-$40 less I'll have to pay for GTA when it does release.

[Luk38644]

QUOTE (Ryanbashaw @ Thursday, Aug 2 2012, 19:04)

I don't give a sh*t about your stocks I hope you burn in hell

You sir, are a moron.

[Extronic]

QUOTE (fgcarva1 @ Thursday, Aug 2 2012, 21:45)

As for those saying stocks will go over twenty, they may reach thirty. Hell, at IV's release they went up to over 27 dollars per share. At V's announcement it was at around 16 so expect to see high twenties for sure, may reaching early 30s.

Wow such a bullish post. As well as this entire thread, too
You guys have to keep in mind that Take-Two is not so efficient company, their main title is being developed by a single studio (well, maybe theres another one fabricating an unoptimized turd.. i mean, a PC port). All the others are creating DukeNukems, MaxPaynes, Strongholds etc.

On a positive note, though, they do make some efforts in order to reorganize the mess by relocating/merging studios, from what weve seen lately.

Anyway, i just cant see valid reasons for the price not falling even lower than $8 in upcoming months, driven by really weak Q1 results. And the whole situation is not that bad, when you think about it, unless you already bought some stocks at higher prices, of course

[Bantri]

QUOTE (Extronic @ Thursday, Aug 2 2012, 20:50)

QUOTE (fgcarva1 @ Thursday, Aug 2 2012, 21:45) As for those saying stocks will go over twenty, they may reach thirty. Hell, at IV's release they went up to over 27 dollars per share. At V's announcement it was at around 16 so expect to see high twenties for sure, may reaching early 30s. Wow such a bullish post. As well as this entire thread, too You guys have to keep in mind that Take-Two is not so efficient company, their main title is being developed by a single studio (well, maybe theres another one fabricating an unoptimized turd.. i mean, a PC port). All the others are creating DukeNukems, MaxPaynes, Strongholds etc. On a positive note, though, they do make some efforts in order to reorganize the mess by relocating/merging studios, from what weve seen lately. Anyway, i just cant see valid reasons for the price not falling even lower than $8 in upcoming months, driven by really weak Q1 results. And the whole situation is not that bad, when you think about it, unless you already bought some stocks at higher prices, of course

We don't know exact numbers, but we do know it will rise enough to be worth the investment.

[mvega0422]

I love how you can spot a hater a mile away. You can tell many people talk down in these threads just because they are not involved (and probably can't be involved, else they would be or would at least have respect).

I just assume these people fall into one of three categories:
- Over the age of 23-24, working a minimum wage job and playing video games in spare time, very bitter towards those who pursue business ventures or artistic hobbies.
- Between the age of 18 and 24, going to college, still supported by their parents, and therefore bitter towards those who are self-sufficient and pursue business ventures with higher education.
- Under the age of 18, makes zero money, has a lot of friends that make zero money, and therefore acts like they are "better than" anyone who isn't making six digit salaries.

The 'good' categories
- Older people with money, invested in TTWO (or not invested in TTWO!), providing some insights and respecting others.
- Older people without money, providing some insights, learning new things, and respecting others.
- Younger people with the means to invest, doing so and discussing it with the forum.
- Younger people without the means to invest, skipping this topic (out of respect) or interested in the subject and participating in the discussion with all due respect.

See the differences in the types of people in this thread? I think everyone falls into one of the above mentioned categories.

Edit: Basically, the haters are either immature or broke or both. Couldn't imagine any other possibility, because if you were mature, you would realize it's a fun discussion, and if you had money, you would realize no one in this thread is very special or wealthy.

This post has been edited by mvega0422 on Thursday, Aug 2 2012, 21:13

[fgcarva1]

QUOTE (Extronic @ Thursday, Aug 2 2012, 17:50)

QUOTE (fgcarva1 @ Thursday, Aug 2 2012, 21:45) As for those saying stocks will go over twenty, they may reach thirty. Hell, at IV's release they went up to over 27 dollars per share. At V's announcement it was at around 16 so expect to see high twenties for sure, may reaching early 30s. Wow such a bullish post. As well as this entire thread, too

Yeah, and your citibank parody avatar really makes you seem like someone who is credible and should be listened to.

mvega0422 Wow, that has to be one of the best posts I've seen in this forum.
fgcarva1 has tears rolling down his eyes

QUOTE

- Younger people with the means to invest, doing so and discussing it with the forum.

That would be me.