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JR Fruto

JR Fruto
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  • Take-Two Interactive: What You Need To Know About The Blowout Quarter - GTA V Sales And Earnings Results [View article]
    I've followed this stock long enough that some of us longs have always complained about management, especially Zelnick who is unable to be transparent and gives out what we call the Z-Bomb which pretty much ruins a conference call, and like clock-work he doesn't disappoint.

    During the conference call Zelnick and company gave non-answers to every analyst who was trying to understand the revenue streams for the next coming quarters. When you have a stock that typically relies on hits and has been unable to sustain themselves after big hit titles, the market needs some form of certainty, and management gave no assurance to stockholders.

    The CEO was given the best hand in the table but doesn't know how to play it. He doesn't know how to sell his company. I can only hope that people will look away from the incompetence of management and let the numbers speak for itself. The cash is there, reputation and products are there, and I hope the stock price follows suit.
    Oct 31 08:19 AM | Likes Like |Link to Comment
  • Take Two Interactive: Putting All Grand Theft Auto Cities In One Game Could Pay Off [View article]
    I'll hold just in case the political theater titled "Fiscal Cliff" can bring this market down a few more points, but I feel the gaming industry as a whole is going to have a good year 2013 provided we don't have a debilitating economic downturn. Exciting titles for next year and unveiling of Sony and Microsoft's new consoles will help give the industry a nice refresh cycle and drive positive sentiment to investors and traders.
    Dec 27 06:08 PM | Likes Like |Link to Comment
  • Take Two Interactive: Putting All Grand Theft Auto Cities In One Game Could Pay Off [View article]
    I'm looking to buy into some of these game companies especially TTWO, but I'm wondering how long this sudden decline will last. The unfortunate Newtown tragedy has some politicians blaming video games, as well as the recent THQI bankruptcy scaring investors out of the stock.
    Dec 20 11:10 AM | Likes Like |Link to Comment
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