Oct. 23 at 1:51 PM
$TTWO if you're hoping GTA 6 gets delayed to get cheaper
$TTWO shares.. ask yourself if this makes any sense or not?
If GTA 6 doesn't get delayed, good job - you just missed the fattest pitch of your life.
If GTA 6 does get delayed, it will probably drop ~5% (depending on length of delay) and your entry would be ~
$245-
$250 (based off current prices,
$TTWO price will assuredly be higher closer to GTA 6 release date). Mind you, you've probably been waiting to get in since sub ~
$240 so net net, your entry is still worse LOL
Unless you price GTA 6 getting delayed at >90% and also expect the event happening before year end, then maybe, just maybe, you might 'break-even' on this trade.
Learn the game theory, don't complicate it.