Raina You
UC Riverside Extension Center,
1200 University Ave,
Riverside CA 92507-4596
Tel : (951) 329 – 2536
Email : [email protected]
The share prices were going up a little in two days. There was news about Ragnarok 2,
the next game after Ragnarok online, the most popular game of the company. Because of the
success of Ragnarok online, many people highly anticipate the next work. Therefore, when
people get the news that Ragnarok 2 will release in Q4 2011, the share prices increased from
$1.67 to $1.77.
However, the share prices were going down rapidly in the other days of the stock project.
The reason why the prices decreased is that the new game has been in the stage of development
for years. Also, there are many active competitors who already made successful games, and new
competitors like Changyou.com, Chinese company in the same market, threat the position of
Gravity Co. Existence of strong competitors has negative effects on the price of shares.
I invested just $6000, 20% of my money, but that $6000 changed to $5600. The share
prices was $1.7, so I can buy a lot of shares, but in the ends it turns into hidden risk that make
my profits smaller.