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General discussionCD Project SA stock drops again(103 posts)(103 posts)
(103 posts)
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This is my favourite topic
Posted April 20, 2022
low rated
lost $2.40 today now at $33.10

nearing it's all time low of $28 and change
Posted April 20, 2022
low rated
Tends to happen if you announce delays for literally ALL the projects you have in the pipeline.
Posted April 20, 2022
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Swedrami: Tends to happen if you announce delays for literally ALL the projects you have in the pipeline.
Delays? Don't see why it would make a difference. Canceling a bunch of projects or announcing something that is highly unpopular? That i would see happening...
Posted April 20, 2022
low rated
I would care more, but I'm on team boycott for obvious reasons they still haven't addressed.
It's respect your DRM free roots or go out of business GOG because that's the niche that grew you and it can damn well destroy you for abandoning it to the wolves.
Posted April 20, 2022
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Its probably volatile because of the delays and stupid investor expectations.

CDPR is pulling a big risk, making multiple new games as well as fixing CP2077 with patches and Im not 100% sure it will pay off (although good they are focusing on building up CP2077).

It really depends on how Witcher 4 turns out but if sales are great, stock prices will likely go up.

Then again, stock could still fall because sales "dont meet expectations."
Posted April 20, 2022
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...
Post edited May 24, 2022 by clarry
Posted April 20, 2022
low rated
The stock has dropped again. It's at $32.33 now.

It was priced at $101.55 August of 2020. That is a huge drop!

I read somewhere that the Ceo of CD Project, Adam Kiciński, makes over 6 million per annum in compensation.
I suspect some of that are stock options which have tanked but it still seems like he is way overpaid considering how poorly the company is doing.
Post edited April 20, 2022 by Jorev
Posted April 20, 2022
low rated
...
Post edited May 24, 2022 by clarry
Posted April 20, 2022
low rated
That's nothing. Netflix lost like 25% of its stock price!

We are doomed. Soon we can neither play our GOG games, nor watch Squid Games from Netflix. What are we supposed to do then? Sex?!?
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Tokyo_Bunny_8990: Its probably volatile because of the delays and stupid investor expectations.
CDPR is pulling a big risk, making multiple new games as well as fixing CP2077 with patches and Im not 100% sure it will pay off (although good they are focusing on building up CP2077).
It really depends on how Witcher 4 turns out but if sales are great, stock prices will likely go up.
Then again, stock could still fall because sales "dont meet expectations."
Frankly, I didn't even know what CDPR was up to.

Witcher 4 has been announced? Woohoo! I really should hurry up playing Witcher 1-3 before it comes out...
Post edited April 20, 2022 by timppu
Posted April 20, 2022
low rated
I bought stocks of a company for 74€ per share. They dropped to 12€ during the years 2008-2009. The last time I looked at them they were at 90€. And right now they are at at 65€ because obvious reasons. Tendency: sinking. I also bought stocks of 9 other companies. They go up. They go down. And they go up again.

Nothing special.
Posted April 20, 2022
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timppu: [...]. What are we supposed to do then? Sex?!? [...]
singleplayer or multiplayer?
Posted April 20, 2022
low rated
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timppu: That's nothing. Netflix lost like 25% of its stock price!

We are doomed. Soon we can neither play our GOG games, nor watch Squid Games from Netflix. What are we supposed to do then? Sex?!?
avatar
Tokyo_Bunny_8990: Its probably volatile because of the delays and stupid investor expectations.
CDPR is pulling a big risk, making multiple new games as well as fixing CP2077 with patches and Im not 100% sure it will pay off (although good they are focusing on building up CP2077).
It really depends on how Witcher 4 turns out but if sales are great, stock prices will likely go up.
Then again, stock could still fall because sales "dont meet expectations."
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timppu: Frankly, I didn't even know what CDPR was up to.

Witcher 4 has been announced? Woohoo! I really should hurry up playing Witcher 1-3 before it comes out...
Netflix is honestly an example of silly/unrealistic expectations imo. Netflix is still the most dominant subscription service in the streaming wars but the stock price fell hard because subscribers started to drop for the first time in 10 years. Now Netflix is planning on doing anti-consumer things like consider preventing password sharing and pulling money from making content. Yeah, thats going to go over well. Netflix's big advantage is just the large amount of content they make plus some decent exclusives that make the service worth it. Pull that and people are going to start not paying like they do with Disney+.

I agree CDPR stock was overpriced with CP2077 which people put way too much stock in, basically calling it game of the year/decade even before release. The fact that it flopped hurt the stock price more but unless it sold gangbusters, it wouldnt have "met expectations" imo.

Yup, I believe CDPR has a Gwent single player, Witcher 4, and CP2077 patches and DLC in the pipeline as of now.
Posted April 20, 2022
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Jorev: lost $2.40 today now at $33.10

nearing it's all time low of $28 and change
That is for investors to worry about. It is speculation. Unless a company is at risk of being taken over, who cares?

If I invested in CDPR, I'd care. As its costumer, it doesn't really affects me.

It will start affecting me the moment CDPR starts doing stupid short-term oriented things to inflate their stock price, but given that they were majority owned by management last I checked, I don't think they will. Thank goodness for that.

Fewer companies should be governed by the insanity of stock prices. It is too volatile.
Post edited April 20, 2022 by Magnitus
Posted April 20, 2022
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Magnitus: Fewer companies should be governed by the insanity of stock prices. It is too volatile.
Or corruptible.

18:15
Post edited April 28, 2022 by §pec†re
Posted April 20, 2022
low rated
Stock market is disgusting, even conceptually. And absolutely evil. And the cause of many good old fashioned crimes as well.
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This is my favourite topic
Community
General discussionCD Project SA stock drops again(103 posts)(103 posts)
(103 posts)