What do you guys think? Looked like it could have been shorted to oblivion, but a few successful games recently game them a well needed cash infusion. SAC capital and Tudor investments are major holders. GTA 4 could be a major earnings catalyst. What say do ET?
Personally, I think it's a good buy. The gamble is whether GTA 4 will be a hit or not, and it's looking like a hit. If it turns out to be a dud, down goes the stock. If it is a hit, Take Two could be one of the few stocks out there in a crappy market raising estimates which should attract a lot of money into the stock. They also have Midnight Club Los Angeles coming later this year.