Read online games reviews for indication of stock market movements
by Steven Williamson
on 8 June 2006, 11:00
Quick Link: HEXUS.net/qafxw
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Before the release of Oblivion a number of websites, including Metacritic and HEXUS.gaming, published hands-on previews and reviews of Take-Two's rpg. Without exception every website gave the game a glowing review, with some already claiming the title will be 'Game of the Year' for 2006. By the end of March Take-Two's share price spiralled by 20% due to the success of the game.
Marketwatch believe that the reviews on this site and others have consistently swayed the shares of publishers, with poor reviews also resulting in a drop in the share price for these companies.
It's an interesting article - take a read
Side-note
Now, I'm no expert on share dealing and I'm running the risk of sounding utterly foolish but, would it possibly be worth investing in Atari stock whilst the price is so low? We're all aware of the problems at Atari but at E3 a number of their games received high plaudits, including NeverWinter Nights 2 and Test Drive unlimited. Atari are putting their full force behind the marketing campaign for both of these games which are due out in September and both titles have already received glowing reports thus far.
Yesterday Atari's share price closed at $0.62 on Nasdaq