Can Company Continue the Trend in Friday Trading?
A combination of various news regarding Sonic Generations, hype for both Aliens: Colonial Marines and The House of the Dead: Overkill Extended Cut, and a mysterious teaser message in Japanese posted to both Twitter and Facebook may have contributed to a rally of Sega Sammy stock Thursday on the pink sheets.
SGAMY closed just short of fresh 52 week high, up nearly 5 and three quarters percent on the day. The stock topped $6.10 a share before leveling off a bit to $6.08 a share. It is the first time the stock has closed above the $6 mark in nearly four and a half years.
With the Holiday shopping season fast approaching, assuming the rest of the economy can find its footing, it’s not out of the question this upward trend could continue.
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“…assuming the rest of the economy can find its footing…”
Yeah, that’s probably not the best thing to assume these days…
nice great year for sega
I’m sure a ton of variables attribute to this, but if Generations is any part of it, interesting how you get more money by actually spending the resources to make good games, amirite SEGA?