hot  /  reviews  /  video  /  blogs  /  forum

Take-Two shares take a dive

11:37 AM on 08.03.2007 // Leigh Alexander

I'm developing this great idea for a dramatic sitcom based around the Take-Two offices. It will feature tense courtroom scenes as executives get caught backdating stock options and falsifying records against the dramatic backdrop of violent game controversy and the delay of GTA IV, which analyst Michael Pachter blames on the complexity of PS3 and Rockstar's exclusivity agreement with Sony.

Seriously, can you guys picture it? There would be a high-intensity hospital scene at the bedside of an anxious Jack Thompson, and the ever-troubled PR department at SCEA could make a cameo for comic relief.

Anyway, investors don't seem to think the whole deal is funny, though. NextGen.biz is reporting that Take-Two's shares have plunged 13% on the heels of the announced GTA IV delay, which is actually a bit of a recovery after cumulative losses at closing yesterday were about 19%. As of 10:00 AM ET this morning, shares were down about $2.17 to $14.74.

Maybe we can film investor rage for the sitcom? Bells ringing, papers flying, lariats made of neckties and game controllers?  




 Reblog (or) Blog Reply

Leigh Alexander,
 Follow Blog + disclosure

This blog submitted to our editor via our Community Blogs, and then it made it to the home page! You can follow community members and vote up their blogs - support each other so we can promote a more diverse and deep content mix on our home page.



Get more destructoid:   We're indie-run, blogging for the love of it, and our site will always be free. Optionally, you can support us and get: (1) Faster pages from our cloud server (3) Wide(r)screen (3) No big ads on Dtoid, Japanator, Tomopop, or Flixist (4) Auto contest entries, and (5) Dibs on betas & downloads. Try it out

 Setup email comments

Unsavory comments? Please report harassment, spam, and hate speech to our moderators, and flag the user (we will ban users dishing bad karma). Can't see comments? Apps like Avast or browser extensions can cause it. You can fix it by adding *.disqus.com to your whitelists.


  Around the web (login to improve these)




Back to Top


We follow moms on   Facebook  and   Twitter
  Light Theme      Dark Theme
Pssst. Konami Code + Enter!
You may remix stuff our site under creative commons w/@
- Destructoid means family. Living the dream, since 2006 -