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Post by allonblack47 on Oct 10, 2015 6:43:54 GMT
Well it's no doubt that Turtle Beach has been a real hit and moneymaker with a few of us from /biz/.
The question is, Will it continue to rise when the market opens back up on Monday? Or do you think it's getting ready for its inevitable decline?
I have around 90 dollars tied up hoping to make at least a little more profit on this thing. I just wish I got in on it a few days ago.
With the new partnership with Foxconn for their new headsets, I'm confident it will rise at least a little bit more.
Thoughts?
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Post by angusburger on Oct 11, 2015 5:28:05 GMT
I don't know about inevitable decline. But i belive it will stabilize at $3.00-3.50 until Nov 9ish when their next earnings call is set to happen. On that call I will listen for 1. If they made $ on their hypersound biz, 2. Hopefully their core biz sales hasnt lost market share. I cant think of a reason why the cant reach ~6.00 per share
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Post by topmemes on Oct 11, 2015 23:17:32 GMT
I'd say it still has a ton more upside potential, but I wouldn't be shocked if it dipped a bit before the earnings come out.
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Anonymous
New Member
i aint got no money namsayin?
Posts: 41
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Post by Anonymous on Oct 13, 2015 23:24:12 GMT
Looks like its going to fall for a while. I may stop loss at 2.50, and keep it until the holidays.
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jeddy
New Member
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Post by jeddy on Oct 14, 2015 0:20:38 GMT
I threw $240 into it today for the lulz at $2.91. We'll see how it goes in the next couple months
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Anonymous
New Member
i aint got no money namsayin?
Posts: 41
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Post by Anonymous on Oct 14, 2015 4:24:23 GMT
Last year around the holidays it was up over $6.00. Could have been different circumstances though.
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Post by angusburger on Oct 14, 2015 5:21:17 GMT
i think their sales tanked due to people buyin xbox1/ps4 instead of games and game gear
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Anonymous
New Member
i aint got no money namsayin?
Posts: 41
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Post by Anonymous on Oct 14, 2015 5:49:03 GMT
I hope so. If that's the case then they could definitely come back. Some big games incoming next month.
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