[Knyteguy]

http://media.yucasee...osts/index/5009

On October 7th, SquareEnix's stock price on the Tokyo Stock Exchange underwent a precipitous drop in price. It is rumored this was due to a private stockholder selling all of his investment in SquareEnix -- approximately 1% of the entire company -- after citing profound disappointment over the failed release of FFXIV.

SquareEnix share price tumbled to 1735 yen from 1800 yen going into the afternoon, before later recovering.

It was first thought to be a misplaced stock sale. However, due to sensitivity since the J-Com incident, the Tokyo Stock Exchange and/or targeted institutional investors have always released some sort of announcement in this case. However, there was none.

Interestingly, on the night of October 2nd, a private investor owning more than 1% of SquareEnix company stock made an odd post on the internet. The post read:

"First thing in the morning tomorrow, I intend to instruct those who manage my precious SquareEnix stock (however little it may be) to arrange to sell all of it. To Square, thank you for the enjoyment of your products up until now, with the exception of this last one. Goodbye."

If this is true, given SquareEnix's current market capitalization of US$2.6 billion, 1% is approximately US$26 million in stock. Indeed, if this amount of SquareEnix stock was to be sold all at once, it would be expected to cause such an abrupt drop in price.

http://www.gamefaqs....online/56711131

I think they'll get the message and make the game good now. My $160.00 investment would be much better well spent.

Edit: Seems legit: http://stocks.financ...ode=9684.T&d=1w http://translate.google.com

This post has been edited by Knyteguy: 11 October 2010 - 02:33 AM

[viionx]

Maybe he hit Fatigue?

[Hyperguy]

viionx, on 11 October 2010 - 01:20 AM, said:

Maybe he hit Fatigue?

Negative rep button, you will be missed.

[Savalithos]

it is worth noting that stock prices immediately recovered.

[rusalka]

Savalithos, on 11 October 2010 - 01:27 AM, said:

it is worth noting that stock prices immediately recovered.

It's worth noting that a loss of that magnitude is significant, to the discussion going on on this site.
Did people internal to SE know they were pushing out a deficient product.
This would seem to indicate "yes".

[JMC1erCru]

The immediate recovery means nothing. When people sell that much stock there is always a good reason for it.

[Palom]

The article itself states :'If this is true' .
One would not sell that many shares over 1 project, that is for sure. People sell shares if they'd like the cash in hand and have no use of the being a stockholder, Or if they are trying to influence a decision. Then again in the second case , you either threaten to sell, or sell a portion of, and not all ( of the small 1%)

Any more reliable sources?

Thanks<br><br><br>

Quote

there is always a good reason for it.

<br><br>agreed. and 1 out of the multitude of projects isnt really a good reason , from a business point of view :)<br>

This post has been edited by Palom: 11 October 2010 - 01:35 AM

[viionx]

Hyperguy, on 11 October 2010 - 01:26 AM, said:

Negative rep button, you will be missed.

Internet sarcasm, you will be missed...

[Hyperguy]

viionx, on 11 October 2010 - 01:35 AM, said:

Good internet sarcasm, you will be missed...

Fixed that for you.

[Savalithos]

it's worth noting that people are angry and will jump at any comment made.

[Knyteguy]

Palom, on 11 October 2010 - 01:33 AM, said:

The article itself states :'If this is true' .
One would not sell that many shares over 1 project, that is for sure. People sell shares if they'd like the cash in hand and have no use of the being a stockholder, Or if they are trying to influence a decision. Then again in the second case , you either threaten to sell, or sell a portion of, and not all ( of the small 1%)

Any more reliable sources?

Thanks<br><br><br><br><br>agreed. and 1 out of the multitude of projects isnt really a good reason , from a business point of view :)<br>

Not sure on the sources, this isn't my original post. The snapshot of the sudden drop would seem to confirm it though. The immediate raise may have been from day traders trying to make some quick bucks.

It's also in my opinion a real insight of how SE is now working (well behind the times). It's also a huge project designed to pull a huge amount of sustainable income. It's not just a failed title, it's an objectively failed MMO that has had 5 years of development. MMOs are not cheap to develop. It was estimated that World of Warcraft cost $60,000,000 to make. That was in 2004 and who knows how much SE put into this project. The engine and graphics alone would cost a fortune.

Fact of the matter is, there's no denying that SE now knows the game is definitely not living up to expectations. Hopefully they'll get rid of their crybaby syndrome when it comes to criticism and get their asses in gear to make this game great like we as [probably long-time] paying customers expect. It's not like they can't, they've proven that they're capable of AAA work.

To the defensive guys: Dude I'm just as bummed as you guys that this is even happening. I thought this game was gonna be f***in cool. Relax and understand that eventually this stuff will get better, and the game will probably end up being praised much like FFXI. Until then though it deserves the negativity it's getting because they didn't listen to anything the beta players were reporting as far as usability and fun. They need to learn from this or sink as a company. I have a feeling the next major title in the FF series will blow some minds (maybe not VS since that's well in development even though I think it looks cool). The expansion for this game will also probably really good.

This post has been edited by Knyteguy: 11 October 2010 - 01:52 AM

[Fivoelk]

Edited post out. It is a stain on my generally uncaring self. If only I was trying to annoy someone I would leave this post alone, but alas, this is a smear on my reputation I could not let slide.

This post has been edited by Fivoelk: 11 October 2010 - 02:26 AM

[Palom]

To the above poster:

http://media.yucasee.jp/ Main page of the website

Im sure such an important business decision will only be stated on this website ( if you click you'll know what i mean) , and not the many other reliable Financial websites .

Im sure this isnt the first , or the last of these kind of news popping up.
Have a good day

[FF8Jake]

Just out of curiosity, when FFXIII sucked did you guys obsess over it and spend every waking minute to find reviews and market information to further discredit it? You guys are like a bunch of drunks pissed off that other people aren't drinking with you.

FFXIV in its current state has some issues for certain; however, there are plenty of people that realize eventually they will be worked out and we really don't care if Gamespot says 4/10 or if some guy sold his stock. If you don't like the game quit posting about how much it sucks on a forum dedicated to players of said game, it's not like we're going to go "damn that guy sold his stocks, we better quit now".

[Knyteguy]

FF8Jake, on 11 October 2010 - 02:02 AM, said:

Just out of curiosity, when FFXIII sucked did you guys obsess over it and spend every waking minute to find reviews and market information to further discredit it? You guys are like a bunch of drunks pissed off that other people aren't drinking with you.

FFXIV in its current state has some issues for certain; however, there are plenty of people that realize eventually they will be worked out and we really don't care if Gamespot says 4/10 or if some guy sold his stock. If you don't like the game quit posting about how much it sucks on a forum dedicated to players of said game, it's not like we're going to go "damn that guy sold his stocks, we better quit now".

Dude I could really care less if you quit. I just want the game to be good. I bought the CE edition which cost me $96.00. The game was fun from 1-14, so I bought 7000 crysta too (6 months). Currently that's a $166.00 investment on my part. I fully intend to put my $0.02 in until their debt to me is fully paid off. I might be at about $1.00 now. I bet there's less than 20,000 subscribers by January if they don't seriously get this game up to par at the very least. Cataclysm and SW: Tor are coming out really soon and people won't put up with this stuff for much longer from SE. Myself included.

Oh, and I don't even drink so that's a terrible analogy.

[Palom]

Quote

Myself included.

Farewell.

[Knyteguy]

Palom, on 11 October 2010 - 02:11 AM, said:

Farewell.

Didn't say I'm leaving yet jackass.

[viionx]

Knyteguy, on 11 October 2010 - 02:07 AM, said:

Dude I could really care less if you quit. I just want the game to be good. I bought the CE edition which cost me $96.00. The game was fun from 1-14, so I bought 7000 crysta too (6 months). Currently that's a $166.00 investment on my part. I fully intend to put my $0.02 in until their debt to me is fully paid off. I might be at about $1.00 now. I bet there's less than 20,000 subscribers by January if they don't seriously get this game up to par at the very least. Cataclysm and SW: Tor are coming out really soon and people won't put up with this stuff for much longer from SE. Myself included.

Oh, and I don't even drink so that's a terrible analogy.

yeah i agree, you know what i do find funny? If people didnt come cry and say why they're quitting SE would be like "huh we're losing members but i dont get why, all fansites seem to praise us, no ones said why they left or no negativity around, DOESNT MAKE SENSE TUNER" ya noe, so people NEED to cry and need to complain and say why they quitting, then SE can be like oh snap!

[FF8Jake]

Knyteguy, on 11 October 2010 - 02:07 AM, said:

Dude I could really care less if you quit. I just want the game to be good. I bought the CE edition which cost me $96.00. The game was fun from 1-14, so I bought 7000 crysta too (6 months). Currently that's a $166.00 investment on my part. I fully intend to put my $0.02 in until their debt to me is fully paid off. I might be at about $1.00 now. I bet there's less than 20,000 subscribers by January if they don't seriously get this game up to par at the very least. Cataclysm and SW: Tor are coming out really soon and people won't put up with this stuff for much longer from SE. Myself included.

Oh, and I don't even drink so that's a terrible analogy.

Sorry, but your "money SE owes me" story just isn't cutting it bro. All of us had a chance to play with open beta, all of us had a chance to cancel CE, and all of us had the choice to not pay a dime in subscription fees til it was absolutely needed.

If you are really concerned about the quality of the game and have hopes they fix it, you'll spend time posting about why the game suddenly isn't fun past level 14 for you and actually contact SE directly (and the means to do so have been posted several times).

EDIT: Actually, the guy's sig above this post has the link.

This post has been edited by FF8Jake: 11 October 2010 - 02:20 AM

[Knyteguy]

FF8Jake, on 11 October 2010 - 02:19 AM, said:

Sorry, but your "money SE owes me" story just isn't cutting it bro. All of us had a chance to play with open beta, all of us had a chance to cancel CE, and all of us had the choice to not pay a dime in subscription fees til it was absolutely needed.

If you are really concerned about the quality of the game and have hopes they fix it, you'll spend time posting about why the game suddenly isn't fun past level 14 for you and actually contact SE directly (and the means to do so have been posted several times).

http://www.metacriti...tasy-xiv-online yellow review on homepage
http://www.gamefaqs....s/review-143323
http://www.ffxivcore...__1#entry375262

Have been? I also have contacted SE so you're wrongly assuming quite a bit about me.