I think the drm thing was always a PR stunt born from necessity, rather than morality, sadly. We've seen gog weedle their way out of their 'principles' plenty of time's .

Gog's original niche wasn't drm free so much as old games on modern OS for a flat price of $5.99 or $9.99 & the easiest way was often just to crack the drm (a lot of preexisting no CD patches etc were used.) Ironically some old games still have it in place in a way due to using manual reference codes etc.

Elon Musk explained correctly in a recent tweet why Netflix is losing customers.

CD Project SA stock is still plummeting. It is at $30.20 now.

The woke mind virus?

I think its more simple in that Netflix cant make good exclusive content. Unlike Disney or HBO who have years of experience actually creating shows and movies, Netflix started as a distribution service, tying tons of shows into one convenient spot (like steam for PC games). Now that everyone is gunning for the pie, they are pulling their shows from Netflix (resulting in less content on the platform) and making their own exclusives and Netflix just cant produce.

Their good shows are few and far in between. Honestly, their only good show is Cobra Kai which they acquired, not produced internally. If you think Western SWJ writers are bad writers and cant make anything good, then yes I agree with you. If the issue is SJW topics, I disagree since Japan has produced some interesting and funny shows that would be considered SJW in the west.

The stock market concept itself isnt bad, its the investors and bankers who abuse it to become the monster it is through speculation that hurts it.

Stocks are essentially partial ownership of the company. A company wants to raise more money so they can do more stuff, such as produce a AAA game, and dont want to get a disgusting high interest loan from the bank. So they sell some ownership of the company by making it public, raising money to start producing more. Thats how the market is supposed to work and its how we can actually get amazing products in the first place.

Where the stocks become disgusting is once those stocks are bought and traded. Now that the stocks are out in public, the stock price itself doesnt affect the company. No matter if its traded for $3.99 or $3333.99, CDPR doesnt see any of that money. The people who care are the stock owners who own the stock and the executives who get compensated in stock (to tie their performance to "company wellbeing").

This is why companies focus on stock prices, because their income is directly tied to how well the company stock is doing. Thus, even if it may be more beneficial for a company to do something against investor interests for the longevity of the company (aka take risks that might not pay off short term or are money losers), the execs are strongly encouraged not to do so.

It is why stock prices are important for companies now imo. When stock prices fall, execs start panicking and pulling stunts to get that price back up so they make more money, at least in the short-term.

...

Ah, so THAT is why Netflix share plummeted! When Elon opens his mouth about some company, that tends to happen.

I'm expecting Musk to make a hostile takeover over Netflix next, and send it to Mars.

Musk is a cool guy though, I like Tesla as a company (even though I have another EV, but I might buy a Tesla in the future...), and he definitely gets respect from me for donating a truck full of Starlink-systems to Ukrainians, and challenge Putin to a duel. I knew Putin would be too much of a coward to accept the challenge! "Black belt in judo"... probably he meant sudoku. Putin is a total pushover with his Parkinson's disease and all.

Well, it's official.
CD Project SA stock has fallen to its all-time low value of $27.98.

Anyone who owns this stock is losing their shirts.
What a stinker of a company now.

$27.98 > PLN 6.64 (4 Jan 2013 share price)

Complete history:

CD PROJEKT S.A.
Germany: 7CD
Germany Markets Open
28.00▼
-2.20
-7.28%
April 21, 2022 2:19 PM CEST. Delayed 15 minutes. Currency In EUR
Quote Search
SAVE
SUMMARY FINANCIALS ANALYSIS OPTIONS OWNERSHIP COMPANY HISTORY
DAYWEEKMONTHYEAR5 YEARSALL
DateHighLowOpenCloseVolume
4/21/202230.0027.8830.0028.003,927
3/31/202239.0037.2837.8237.283,920
2/28/202236.1434.3935.0035.959,520
1/31/202239.2336.5036.8039.037,338
12/30/202141.7741.2341.2341.777,765
11/30/202140.8937.6640.8938.2623,289
10/29/202138.2837.4338.2837.668,241
9/30/202141.5039.6039.6040.985,435
8/31/202137.9536.7036.8937.008,393
7/30/202140.0739.0840.0539.984,948
6/30/202141.9640.4341.9440.947,826
5/31/202139.4034.5038.6035.7331,332
4/30/202139.3938.3038.8838.8023,549
3/31/202147.6239.4347.6241.60138,487
2/26/202155.7251.8855.1454.1418,191
1/29/202179.4866.2079.3068.4497,807
12/30/202063.0060.3863.0061.0235,552
11/30/202088.1082.0084.0087.4812,803
10/30/202078.5072.0678.0074.4813,993
9/30/202095.9891.1695.9894.50838
8/31/2020103.6097.16103.60101.254,400
7/31/202092.6688.3688.3690.001,844
6/30/202091.2888.0090.0090.321,664
5/29/202093.2488.2891.6689.265,108
4/30/202080.3877.8077.8079.983,640
3/31/202065.5061.5061.5065.501,612
2/28/202066.8660.9664.0065.26NaN
1/31/202065.5265.1265.5265.24210
12/30/201967.9066.4867.7067.22NaN
11/29/201962.0661.1461.1462.06434
10/31/201960.0058.4858.4859.002,158
9/30/201957.4456.0057.4056.88448
8/30/201959.9856.3256.3258.001,320
7/31/201954.6251.4251.4254.621,228
6/28/201951.9849.5049.5050.222,988
5/31/201949.5347.6048.7348.2020,050
4/30/201949.8749.0949.8749.09412
3/29/201947.4047.4047.4047.4066
2/28/201945.8942.8842.8845.23782
1/31/201946.9645.0046.9645.91106
12/28/201834.5832.8133.4733.00832
11/30/201833.4131.9131.9132.21NaN
10/31/201838.0835.5035.5037.00684
9/28/201846.1042.5146.1042.51624
8/31/201849.5449.0049.0049.54132
7/31/201851.2144.0051.2044.002,564
6/29/201837.4735.2735.2737.4740

As complete a history as you can get without a bloomberg terminal showing the primary listing of CDP and its price over the last 20-odd years:

https://www.gpw.pl/company-factsheet?isin=PLOPTTC00011

(remember to press the MAX button unless you want a single day).

Interesting.

There was a time where the value was less then 1 PLN (roughly less than 0.25$) during the years 2007-2009. You can clearly see the impact of the financial crisis in the graph. The current trend is also influenced by the current world events, e.g. high inflation, IMF warnings, all impacts on the European economy by the war in the Ukraine, etc.

If CDPR has some serious problems, you'll read it in the news.

...

Interesting. Didn't know that (was it just done to facilitate a listing?)

Either way, the share price today is still well above the 2012/13 price.

Thanks for the information. Ignoring the data before 2012 then you can see that the value was less than 5 PLN (roughly one dollar) during summer 2012.

Right now, I see nothing special with the current trend. It will continue to drop. The impact of the Cyberpunk 2077 launch is already over.

u are taking backups of your GOG game installers rt?

but to be honest, im sure they'd recover, just a momentary fall... they do know how to tell a good story....hope they learnt their lesson with cp77...