Why you *might want to* buy Mad Catz stock. SOON.

[quote name='Knoxximus']
- Average investor has never even HEARD of them. I didn't even know there were listed until last week.


- Average investor does NOT KNOW what Street Fighter mania truly is. But they gon' learn about it this year!!
[/quote]

No, the average investor will still have NO idea what Street Figther mania is at the end of the year. Also, at the end of the year, the average investor will still not have heard of MadKatz. I'd be willing to guess that most gamers don't either.

This is a horrible tip in my opinion. If you have $2000 to burn like the OP, get a Roth IRA or a good mutual fund, otherwise you may just be out of the $2000.

TBW
 
[quote name='TheBlueWizard']No, the average investor will still have NO idea what Street Figther mania is at the end of the year. Also, at the end of the year, the average investor will still not have heard of MadKatz. I'd be willing to guess that most gamers don't either.

This is a horrible tip in my opinion. If you have $2000 to burn like the OP, get a Roth IRA or a good mutual fund, otherwise you may just be out of the $2000.

TBW[/quote]
No, no, no....I said 2000 shares. 2000 shares at .39 cents = $780
 
[quote name='MarkMan']Care to support your numbers with facts?

Also, I feel a lot of people living in the past are sleeping on these products.

Oh well. If they can't find them later on, that's their fault.

I don't blame anyone though who holds ill will towards the company.

I understand how it is to be burned.

Just know I put a lot of heart/time/effort into the Street Fighter IV line of products... If you can't tell already by the previews/impressions. I wasn't fuckin around.[/quote]

I do hope that these sticks are good shit. For you and for everyone plunkin down the 150$. I don't have that kinda cash. And I'd need to get a hands on test before I did pay, if I had the money.

As for numbers, I can only point to the Field Destroy bin of any GameStop. That's the only company I can speak first hand on anyway (though I'd guess other companies have similar policies). At the big GS, as per their contract with MC, the policy on defective MC controllers/accessories is to destroy them at the store level, sight unseen by MadCatz and GS gets the credit back for the item. They do this becase MC knows that they have (or had) a high rate of defective merch. I've seen the videos of the torture tests on the controllers. I've also seen how easy it is to break one of the controllers by dropping it from about 3 feet.

The best arcade stick I ever bought was the Agetec controller for the DC. It felt great and it still works almost ten years later. That controller only cost 50$.

So, if this controller is the real deal, my hat's off to you then. I'll wait for the second shipment if there is one.
 
[quote name='Knoxximus']
...
Some bullet points:


- Street Fighter IV releases on consoles mid-Feburary.


- Critical reception of Mad Catz Street Fighter IV controllers at CES last week.


- Street Fighter IV will sell buckets, hence Mad Catz will sell buckets.


- THIS AIN'T YO PAPPY'S MAD CATZ!! Do your homework.


- It's currently less than 50 cents a share.


- I expect it to hit at *least* 2 bucks a share in a few months if not more. We'll see!


- Company is KNOWN to be shyt.


- Average investor has never even HEARD of them. I didn't even know there were listed until last week.


- Average investor does NOT KNOW what Street Fighter mania truly is. But they gon' learn about it this year!!

...
[/quote]

this is funny. i hope no one here takes this serious. if you really want to invest in games go invest in nintendo as they're the only ones earning money compared to any other video game company. even those who are doing none video game business with nintendo are earning money [http://kotaku.com/5131988/nintendos-successes-spreads-to-support-companies].

there is a reason why average investors haven't heard of madcatz.
 
Probably not a good time to buy Nintendo stock. In 2006 it would have paid off, now it's too high to do the day trader "buy high sell low" thing.

And who knows how the stock will go in the future, so it may not be a good long term investment. It could be close to its high point, and if Wii sales slow down it could fall. I'd be wary as I just don't see Nintendo selling like hot cakes for ever, and it's alarming that game sales and attach rates aren't great. I think a lot of the people that bought one for Wii Sports and/or Wii Fit probably won't buy a games and it will gather dust and they won't buy another console.

Nintendo isn't in trouble or anything, but I wouldn't expect the stock to soar in value in the future. At best it will stay relatively stable I'd think.
 
How easy or hard is it to play stock? Anyone know how much Nintendo and Sony stock are right now? I think now would be a good time to buy Sony stock!
 
Anyone can buy blindly a stock.

The fact that you ask what Sony's stock price and then go on to say you think it is a good time to buy tells me you are basing that opinion on zero factual evidence and are just flat out guessing. How can you possibly say or think Sony is a good buy without knowing what they are currently trading at?

If I may ask, what makes you think Sony is a good play now? Is it their declining margins in pretty much every sector of their business? How the value of the yen is weighing on their bottom line and continually weakening balance sheet? Maybe its the fact that we are in a global recession and in a recession people love to buy new high priced electronics and gizmos?;)
 
You might be able to make a few bucks off their stock, probably would've been wise to
grab it last month but it looks like it's still reasonably low. Personally I don't see the
stock jumping up real high but if you buy enough shares and watch what happens around
SF4 launch you could probably come up, but I don't see this as a good long term
investment what so ever.

Gokou36: Ya but it's risky. Right now might be a good time to pick up just about anything
but the whole economy could slump even harder than it has been. Sony looks like it's
at around 20 right now where as it was double that a few months ago.

 
[quote name='Knoxximus']With the stock price what it is, it doesn't have to go Nintendo huge to clear. If it hits a buck or two, you've almost pentupled your initial investment.

And who couldn't use a coupla extra hundred bucks right now?

I'm not saying the stock is gonna jump to $10. Even if it hits it's 52-week high amount of $1.03, you've effectively tripled your money.[/QUOTE]


So we're in agreement. This is penny ante crap at best. A tempest in a teapot does not constitute a hot stock tip.
 
[quote name='epobirs']So we're in agreement. This is penny ante crap at best. A tempest in a teapot does not constitute a hot stock tip.[/QUOTE]

Call it whatever you wish. I call it opportunity knocking.
 
[quote name='Knoxximus']Call it whatever you wish. I call it opportunity knocking.[/QUOTE]

Please. Opportunity lightly tapping at best. a person would be better served in the long term investing the same time and money in acquiring better job skills.
 
That's just how day traders play the market. They follow the news
and those who know and have the money and take the risk are the ones
who come up a little at a time. If I had money to throw around this would
probably be the type of stock I'd keep my eye on because of the fact that
it's cheap, it's down at the moment and they have a product that
possibly could be a bit of a hit, although most likely for a short period
of time. Now if they were releasing something like the iphone next month
and nobody knew who they were yet but were pretty much guarenteed to
become a household name very soon (based on speculation) then it'd
be a completely different story.
 
Yeah it's a third party peripheral...for a specialized genre...not available on the casual machine...that's only desired by the hardcore fanbase...made by a company with a bad reputation. That essentially means that not only do you have to appeal to a really specific group, but that you'll only snag the dumb/oblivious/lazy ones. The stock would probably rise but I doubt it would ever hit a significant amount.
 
[quote name='epobirs']Please. Opportunity lightly tapping at best. a person would be better served in the long term investing the same time and money in acquiring better job skills.[/quote]

Dude, really? Is this what your deal is? You are coming across as a snob who thinks that if you're not going long on a position, that you aren't doing anything? Same time and money in better job skills? You know, some people have the time and the means to do both. And I never said anything about long term.

Sorry my "style" doesn't suit your "mantra", but that's no reason to turn your nose up.

The beauty of this stock is that you don't need a lot of money to get into to it. And, with all the hinting MarkMan has been doing, it could very well be a bit of a longer position than I initially thought.

Here is an excerpt from an article dated August 24, 2008 with a bit about MCZ in it. Note: This is before the Street Fighter announcement.

http://seekingalpha.com/article/92384-g ... -recession

The gaming industry requires an “upstream supply” of expertise and technology, and this is another way to invest in the space. Mad Catz (MCZ) makes accessories for video game platforms such as control pads, steering wheels, joysticks, light guns, flight sticks, dance pads, microphones, carry cases, keyboards, and headsets. They have a P/E of 11. Current market cap of $35 million. And an operating margin of 5.6% on $87 million revenues. Mad Catz is down 36% from its 52 week high. It is a junior player that has carved out a profitable little niche that could get much bigger.
Click to expand...
I *might* not be as delusional as you would like to paint me to be.
 
[quote name='PimpitySnicket']That's just how day traders play the market. They follow the news
and those who know and have the money and take the risk are the ones
who come up a little at a time. If I had money to throw around this would
probably be the type of stock I'd keep my eye on because of the fact that
it's cheap, it's down at the moment and they have a product that
possibly could be a bit of a hit, although most likely for a short period
of time. Now if they were releasing something like the iphone next month
and nobody knew who they were yet but were pretty much guarenteed to
become a household name very soon (based on speculation) then it'd
be a completely different story.[/quote]

I have the money to throw around, so I threw some at MCZ.

Worst, Worst case: Stock goes to 0 and I'm out $1000

Worst case: Stock dips and I take a loss.

Bad case: Stock does nothing and I break even.

Ok case: Stock nears it's 52-week high and I damn near triple my cash.

Better case: Stock hits $1.50-$2.50 and I sextuple my investment.

Best case: If MadKats has more products up their sleeves that are as high quality as the SF4 stuff, in which case I would take a longer position with this. Sell a few shares to get my money back and play with the house's money.

In my situation, to me, the risk is negligible. I don't consider myself rich, though I have no consumer debt nor student loans to speak of.

I just don't see what the big fuss is about.:drool:

Also, for what it's worth, I live in Las Vegas.:cool:
 
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[quote name='Knoxximus']Dude, really? Is this what your deal is? You are coming across as a snob who thinks that if you're not going long on a position, that you aren't doing anything? Same time and money in better job skills? You know, some people have the time and the means to do both. And I never said anything about long term.

Sorry my "style" doesn't suit your "mantra", but that's no reason to turn your nose up.

The beauty of this stock is that you don't need a lot of money to get into to it. And, with all the hinting MarkMan has been doing, it could very well be a bit of a longer position than I initially thought.

Here is an excerpt from an article dated August 24, 2008 with a bit about MCZ in it. Note: This is before the Street Fighter announcement.

http://seekingalpha.com/article/92384-g ... -recession

I *might* not be as delusional as you would like to paint me to be.[/QUOTE]

You're missing the point. I simply do not consider this cause for excitement. And I've seen far too many people make a good observation, profit a little, and then think they are investment geniuses who then proceed to obsessively seek to duplicate that little success while ignoring more reliable means of improving their lives.

I've done this sort of thing. Who hasn't? There was a time when it was quite exciting but then I realize that this was not a career. It was a sideline at best. The time and effort spent on trying to clear a few hundred buck could have delivered far, far more over time if better applied.
 
[quote name='epobirs']You're missing the point. I simply do not consider this cause for excitement. And I've seen far too many people make a good observation, profit a little, and then think they are investment geniuses who then proceed to obsessively seek to duplicate that little success while ignoring more reliable means of improving their lives.

I've done this sort of thing. Who hasn't? There was a time when it was quite exciting but then I realize that this was not a career. It was a sideline at best. The time and effort spent on trying to clear a few hundred buck could have delivered far, far more over time if better applied.[/quote]

I never once said this is how to make a living. I see your point, but I make a good enough living where this is more of a sport for me.

I don't consider myself an investment genius. I just have a knack for paying attention to details, which goes nicely with the fact that I naturally keep up with any and all gaming news and have access and credentials to go to trade shows like E3 and CES.

Sorry this is child's play and beneath you, but I'm sure everyone doesn't share your sentiment, as they are sure not to share mine. All I can do is put up my opinion like everyone else, and attempt too fan the flames from it as best as I can.

I got this same reaction when I called Nintendo in the Spring and Summer of '06 and Bear Stearns last year. I'm used to it.
 
Well man you have the money to throw around so heh not all of us do :p
Especially for gambling

Hmm gamers these days aren't as good at games and don't appreciate the practice and skill SF4 will take man these are the Halo days.

Wish I could buy it but I have a Wii :/ guess I'll stick to the arcade by my college
 
[quote name='RandyTsai']better off betting on the nfl playoffs[/quote]

Who are you picking to go? I think the Ravens have a shot....
 
Well the Mad Catz stick won IGN's Best Gaming Periphial Award of CES so more positive press on the way.

I think this might end up being right. I have to say this will only be the second Mad Catz product I've ever bought, and I've been gaming since 1990.
 
[quote name='PimpitySnicket']That's just how day traders play the market. They follow the news
and those who know and have the money and take the risk are the ones
who come up a little at a time. If I had money to throw around this would
probably be the type of stock I'd keep my eye on because of the fact that
it's cheap, it's down at the moment and they have a product that
possibly could be a bit of a hit, although most likely for a short period
of time. Now if they were releasing something like the iphone next month
and nobody knew who they were yet but were pretty much guarenteed to
become a household name very soon (based on speculation) then it'd
be a completely different story.[/QUOTE]

No, that is how gamblers attempt the play the market. I've been trading for over 15 years now and I can tell you with 100% certainty that successful daytraders that make solid daily returns do not mess with penny stocks. There are simply much better risk/reward scenarios out there.

Also, dollar.....or in this case penny....amount of each share DOES NOT make a stock "cheap." Balance sheet, profits, growth rate, shares outstanding and many more metrics combined determine what makes a share "cheap" and all things considered MCZ is not a cheap stock. MCZ only appears to be cheap if you think any stock trading under $.50 is instantly a bargin and pay no attention to any other financial indicators.
 
This stock is not going up high. Period. I'm sorry....you got a better chance investing in Ford when it was only a dollar because lord knows Obama isn't going to let the automobile industry fail! (Historically, Ford sold between 15-20...)

The Street Fighter phase will last as long as the next video game. You also gotta hope people WANT to buy all the acessories that really won't be important. In this climate, do you think the average person will want the game + joystick for a total of 200 dollars??? Doesn't make sense.

This isn't like those beanie babies where the smart folk were living good off that stock....this is street fighter 4....
 
Yeah, I can't believe that this joystick is going to turn Mad Catz into a winner. It's a stick tied to a video game. This time next year few people will be playing SFIV and virtually no one will be buying the joystick, at least not new. Some will buy them used from all the SFIV fans who now can't believe how much they spent on a damn joystick. ;^)

It seems inherent that these joysticks aren't going to have any staying power, sales-wise, because they are tied to the video game. If they were great joysticks that weren't licensed they might have a longer lifespan, but as it is it seems pretty clear that they will burn relatively brightly and then die out quickly. Who is going to want to buy a SF joystick when VF24 is all the rage?
 
As far as football. Ravens take it all the way. Well, that's what I want to happen, but I'm shivering in my boots about Sunday.... :)
 
[quote name='crunchewy']Yeah, I can't believe that this joystick is going to turn Mad Catz into a winner. It's a stick tied to a video game. This time next year few people will be playing SFIV and virtually no one will be buying the joystick, at least not new. Some will buy them used from all the SFIV fans who now can't believe how much they spent on a damn joystick. ;^)

It seems inherent that these joysticks aren't going to have any staying power, sales-wise, because they are tied to the video game. If they were great joysticks that weren't licensed they might have a longer lifespan, but as it is it seems pretty clear that they will burn relatively brightly and then die out quickly. Who is going to want to buy a SF joystick when VF24 is all the rage?[/quote]

Crunch, we're AC townfolk, so I'm gonna be polite.:cool:

If I was betting strictly on the joystick, then I would indeed be foolish. People seem to keep forgetting about the gamepads, and the fact that the HD system with the largest install base has the most notoriously bad d-pad. The gamepads are awesome...I could do dragon punches, fireballs, and specials no problem. The pads are NOT a limited product.

Plus the pads have a switch that allow you to substitute the d-pad for the left or right analog stick. This makes it even more viable for saaaaaaaaay, shmups and XBLA titles in general. This makes the gamepad automatically more than just a one trick pony.

I think that 360 SF players, at the very least, will pick up the pads. Then as word of mouth travels, as people seem to trust each other more than the reviews that are rolling in, sales will continue to pick up. Same thing happened for the Pelican PS2/PS3 adapter.

Someone mentioned that the last time SF pads came out, they just sat there. This is true, and I attribute that to 2 main reasons.

1) Because the PS2's stock d-pad was adequate enough.

2) There wasn't a huge, must-have, mass-marketed fighter last gen. We haven't seen SF mania since maybe '93 at the latest.

In conclusion, I am not going solely off of the joystick.
 
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[quote name='strongpimphand']This stock is not going up high. Period. I'm sorry....you got a better chance investing in Ford when it was only a dollar because lord knows Obama isn't going to let the automobile industry fail! (Historically, Ford sold between 15-20...)

The Street Fighter phase will last as long as the next video game. You also gotta hope people WANT to buy all the acessories that really won't be important. In this climate, do you think the average person will want the game + joystick for a total of 200 dollars??? Doesn't make sense.

This isn't like those beanie babies where the smart folk were living good off that stock....this is street fighter 4....[/quote]

Look man, I'm not advocating that anyone put their life savings into this, and neither have I. And I've already stated on multiple occasions that I do not expect this stock to "go up high".

All I'm saying is that I think SF is gonna be bigger than people think. And those grizzled veterans who haven't touched a fighting game since the '90's and new challengers alike are gonna need decent controllers to play effectively, especially if they are picking up the 360 version.

And once again, the gamepads have been neglected. The gamepads are $40. Most players nowadays have been reared on the pad, meaning that will be indeed be popular. They are not in limited supply. I feel the demand will be there.

That's my story and I'm sticking to it.
 
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[quote name='strongpimphand']The Street Fighter phase will last as long as the next video game. You also gotta hope people WANT to buy all the acessories that really won't be important. In this climate, do you think the average person will want the game + joystick for a total of 200 dollars??? Doesn't make sense. [/quote]

That is your opinion. My opinion is that you are seriously underestimating the pull of Street Fighter. I guess we'll see,:bouncy:
 
Just remember, folks. If you're going to run a pump and dump scheme, an important step is finding the right site to talk up the company! Line up enough suckers and you can create a stock surge, regardless of how the company is actually doing.
 
[quote name='epobirs']Just remember, folks. If you're going to run a pump and dump scheme, an important step is finding the right site to talk up the company! Line up enough suckers and you can create a stock surge, regardless of how the company is actually doing.[/quote]

That proves this is no pump and dump, ass.:roll:
 
[quote name='Knoxximus']

2) There wasn't a huge, must-have, mass-marketed fighter last gen. We haven't seen SF mania since maybe '93 at the latest.

[/QUOTE]

Gee, why do you suppose that is? In spite of SF3 and Alpha games appearing on the three console generations since then, along with numerous other successful fighting franchises. Mortal Kombat, Tekken, DoA, Soul Calibur, Art of Fighting, King of Fighter, Virtua Fighter, and on and on.

In the period leading up to 1993, the supposed former height of SF mania, the biggest arcade machine in the world was Street Fighter II. At the same time the Super Nintendo was the biggest selling console but good games were still scarce. The announcement of SFII for the SNES was met with huge response and the game sold very well. There was virtually no competition. The closest thing to a comparable game was an early TurboGrafx title.

It isn't 1993 any more. The game genre choices are far more diverse and no one genre holds the same command of the market as Street Fighter II did in its day. But no fighting game, no matter how well regarded, has pulled a similar market percentage since then, including newer entries to the Street Fighter franchise. And why would they? Not only is the game market in general far more diverse, the fighting genre is far more diverse.

Pac-man was huge in 1981. Obnoxiously so. Far more non-gamers knew the name Pac-man and what it represented than any game since. Does anyone in the right mind believe that anything Namco could possibly do in terms of a sequel is going to create anything remotely like that popularity again? Ever?

SFIV will be just another game in 2009. It will be successful but I'd be surprised if it is in the top ten of the year's best sellers. It just doesn't mean what it did in the early 90s.
 
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[quote name='Knoxximus']That proves this is no pump and dump, ass.:roll:[/QUOTE]

Really? How so? This thread is by all appearances the very picture of a pump and dump. Find a site with lots of fans of the subject but largely without experience in stock trading and convince them, leveraging their special interest in a product, that this is going to do an extraordinary amount of business among people not given to an extraordinary interest in the target market.
 
I do believe that you aren't trying to run a pump and dump here but this is EXACTLY how one happens. You take a little known stock and you talke it up on very specilized boards/forums where, to be perfectly honest, people with very little investment knowledge might buy into it.

If you were trying to pump and dump a videogame stock, CAG would be a good place to try it.
 
[quote name='epobirs']Really? How so? This thread is by all appearances the very picture of a pump and dump. Find a site with lots of fans of the subject but largely without experience in stock trading and convince them, leveraging their special interest in a product, that this is going to do an extraordinary amount of business among people not given to an extraordinary interest in the target market.[/quote]

If that's what it looks like, my apologies, as it is not my intent. That's why I cleaned up the title a bit. All I'm trying to do is point out what I feel could be a potential sleeper stock is all, and back up my pick with some relevant info. I'll look into the op and shape it up a little then I suppose.

I brought it here because I wrongly assumed if anyone could understand my logic, it would be fellow gamers. Once again, it seems I was sadly mistaken on that end too.
 
I do understand your perspective but as a gamer that happens to be a professional trader, I just don't see it the same way you do and think there are far better places to put your money in this market.
 
[quote name='Knoxximus']All I'm saying is that I think SF is gonna be bigger than people think. And those grizzled veterans who haven't touched a fighting game since the '90's and new challengers alike are gonna need decent controllers to play effectively, especially if they are picking up the 360 version.

And once again, the gamepads have been neglected. The gamepads are $40. Most players nowadays have been reared on the pad, meaning that will be indeed be popular. They are not in limited supply. I feel the demand will be there.[/quote]

There have been quite a few fighting games sold on the 360 already. SF II HD, DOA4, SC4 and MK vs DC all sold well. Given that we've already seen pretty good review scores out of all of those games (and VF5 which didn't sell well), I think you're significantly over estimating the impact of SFIV.
 
[quote name='jkanownik']Down 23% today. Ouch![/quote]

The San Diego, California-based company's net loss for the quarter was US$26.91 million, or US$0.49 per share, compared to net income of US$3.31 million, or US$0.06 per share, in the year-ago quarter.

Adjusted net income for the third quarter declined to US$2.06 million, or US$0.04 per share, from US$3.65 million, or US$0.06 per share, in the prior year. The company incurred a pre-tax non-cash charge of $28.5 million related to goodwill impairment, amortization of intangible assets and stock-based compensation.
 
The sales figures are a result of incorporating a full quarter of Saitek's numbers. They actually took a hit on Saitek which resulted in a net operating loss for the quarter, but Saitek's own growth in European PC accessory sales helped offset that. So it was kind of a wash overall.

Yes, the company's gross profit/margin decreased--an effect of shifting inventory and increased costs due to the declining global economy.
 
Hmmm...I knew the financial report just prior to SFIV mania was going to be good but not awesome, but I didn't think it would drop the stock by that much...then again the whole market is all over the place right now as well.

That said, I was definitely on point about the demand for the controllers and the fact that they were going to be desired more and more as word of mouth spread, and that they would be coveted for more than just SFIV (i.e. XBLA titles).

I still think that when the next fiscal report is released that takes the controllers into account (especially if supply catches up with demand while it still exists), that MCZ is still a viable option.

That said, I will conceed that my timing was off. I still stand by my logic though...I guess I need to examine the fine print a little bit harder in the future. Good news is that it's just a paper loss untill I cash in so it's not over yet!:cool:

That goodwill impairment just killed the whole game tho....
 
There is no "logic" when short sellers are involved.

But in the context of today's numbers, the drop reflects the general skittishness of investors unmoved or outright cynical about the stimulus package and the worsening economy. Looking at the big picture, next quarter's results will not do much to this stock if the economic situation then is the same as it is now.
 
[quote name='gunm']There is no "logic" when short sellers are involved.

But in the context of today's numbers, the drop reflects the general skittishness of investors unmoved or outright cynical about the stimulus package and the worsening economy. Looking at the big picture, next quarter's results will not do much to this stock if the economic situation then is the same as it is now.[/quote]

True. This isn't about what makes sense right now because the whole market and conditions surrounding said market are straight retarded. I guess that about sums it up, huh? Lesson learned.:cry:
 
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