Although The9's (ticker: NCTY) management dismissed suggestions of a piracy problem facing online game World of Warcraft (WoW) during its Q4 2004 conference call, a fellow blogger suggests otherwise. Read here. And what about yesterday's stock activity?
NCTY dropped 16% yesterday after the company's earnings announcement disappointed investors. But what were investors really expecting? Until WoW is released in China this year, the jury is out on NCTY. And based on yesterday's reaction, investors are concerned.
NCTY's stock market performance: