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I suspect game Dev and sales companies may be worth investing in right now. Millions of people are about to be locked in their houses for months.
by twomoretime 7y ago
I suspect game Dev and sales companies may be worth investing in right now. Millions of people are about to be locked in their houses for months.
- falcolas 7y agoGiven how tightly the game industry market is tied with the general market, it won't be a good bet until the market at large finishes its fall. And, since their studios will also close and impact the timelines on future games, they won't be a great medium-term investment. That said, they'll probably be strong in the long term; videogames as entertainment is only growing.
- twomoretime 7y ago>won't be a good bet until the market at large finishes its fall Normally I'd agree with you but under these circumstances millions of people are going to have absolutely nothing to do sitting at home for months, both adult gamers and children. And everyone's about to get >=$1000 to spend on whatever...
- capableweb 7y agoYeah, but everything will happen so fast the market won't have time to react as you think. The value of stocks et al are based on what people think will happen in the future, not what's happening right now.