Joe Botley

Take Two's New GTA Game Sells Well; EA: “Nothing Has Changed”

Please point out where Michael Pachter ever estimated TTWOs valuation at $20-$22? Up until the day of the EA bid for TTWO he had a $12 price target on TTWO. Yes, $12.

The same goes for his supposedly accurate estimates on GTA 4 sales. He conveniently upped those estimates right before the game launch and still said it didn't change anything with regards to his valuation for TTWO.

He was clearly 2 million copies off and $100 million dollars off in his most optimistic first week estimates.