CD Projekt | CDR & Phantom Libertywhat a nice long and what a great day, hows tradin so far Chooms?
cyberpunk dlc phantom liberty coming on September 26th 2023 and cant wait to play this gem
as usual CDPR going to sell million of copies and making hundreds millions of dollar so for me CDR still is safe and good place to printing more money. 2023 is a great year to buy the dips and enjoying 2024 after that
7CD trade ideas
CD ProjektWake the F up Samurai, We have a money to burn!
CD Projekt is a Polish video game developer, publisher and distributor based in Warsaw, founded in May 1994
most people and investors think investing in Metaverse means you should only buy Meta stock but Metaverse already here and big gaming companies are leading it
CD Projekt's three year median payout ratio is a pretty moderate 45%, meaning the company retains 55% of its income. So it seems that CDR is reinvesting efficiently in a way that it sees impressive growth in its earnings and pays a dividend that's well covered.
Moreover, CDR is determined to keep sharing its profits with shareholders which we infer from its long history of six years of paying a dividend. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 18% over the next three years. However, CDR's future ROE is expected to decline to 11% despite the expected decline in its payout ratio. We infer that there could be other factors that could be steering the foreseen decline in the company's ROE.
On the whole, I feel that CD Projekt's performance has been quite good. Particularly, I like that the company is reinvesting heavily into its business at a moderate rate of return. Unsurprisingly, this has led to an impressive earnings growth. The latest industry analyst forecasts show that the company is expected to maintain its current growth rate
not to mention that CYBERPUNK 2077 DLC Phantom Liberty going to release in 2023 and they working on new Witcher game.
Witcher3 next gen update was another success and its good time for gamers to play this masterpiece if they looking for some exciting adventure
I mange to bought CDR stock at 91$ and any price at this range is a dip and good opportunity for long term investment
Happy Christmas chooms!
CDPR LongsI used Fibo lines to corretction im expecting right now. I Think we could double bottom or mark 0.886 fibo of last bottom.
Currently Polish companies recoomend geting into long position. I have many long from 100pln and the lower we go i plan to long more.
Diffrent countries companies alredy have short with 90pln lvl, and i think this is what happen before we go up. Anyway next game will come in like next 3-4 years so we need 2 years for materials, trailers etc. This years we wil dont have new games.
Evrythink is on the chart
CyberpunkRecently diving into Cyberpunk 2077 has unveiled the developer CD Projekt's potential. The studio's shares are listed, prompting consideration for ownership.
The stock's recent performance may align with the game's reception, but it's crucial to delve deeper into CD Projekt's fundamentals beyond a single release.
For those intrigued by this opportunity, exploring platforms enabling ownership and spot trading of CD Projekt shares might be beneficial.
Share your thoughts on CD Projekt's stock potential or experiences below!
CDR dropping to cypherthe medium-term trend after the last peak is clearly correcting,
the first hit of demand should appear right now, near the green trend line, which the price is breaking, but we will see if we can reverse its direction or just make a stir with the movement
In my opinion, the closest firm support is around 28-26, slightly above the last low
I also see strong support point on 22 (you can find the cypher there)
in the event of a return to growth, the nearest significant resistance to be broken is at 34
A small break in the raidAfter a 50% rise in the price of the stock, it seems to be natural for a little pause, before further movement. At today session, the rise was not so profound, therefore it seems that the stock price is getting saturated.
I estimate that either tomorrow or Monday it will drop in the region between Fibo numbers, around 150 PLN.
CDR SUPPORTLast time with base and supply support and then "worked out" (xD) them based on the price behavior pattern.
Today's behavior from the structure break line is determined from early September / early October, confirmation with fibonacci (bottom {0} + peak{1} ) that the price is applied to the creation.
Additional fuel for speculation is a special Cyberpunk DLC, and I believe that if the promotional materials are encouraging, there is a better chance that what I wrote will happen. Even if a game will be bad.
I assume a stop loss: PLN 94.55
Take profit: Transfer of the local peak PLN 150, PLN 180, PLN 200,
CD Projket Red to 1500 dollarsIf there is one place i will be putting a chunk of my portfilo in studio right here.
For anyone that doesn't know this studio created video games based on the witcher series and also developed cyberpunk 2077 that released in 2020 when the stock was at all time high at 458 dollars.
To think this stock is 80% down is mad , CD projket red have began a partnership with epic games and the Witcher 4 is already in production on the new unreal 5 engine ,this one is a no brainer.
CD Projekt - Not Bottomed YetExtended 5th means deep retracement
Minimum target is where Wave 2 ended
In this case its 5 USD
It could go even lower that that
You can also see H&S being confirmed
If you believe in the company it could be the opportunity to scoop up alot of cheap shares
Keep in mind the risk of company going under though
CD Projekt; Bullish Shark: Many Instances of Bullish DivergenceWe have been at this PCZ for awhile and showing many instances of bullish divergence now we can see that many of the moving averages have converged and it seems that we will be getting a golden cross pretty soon now may be the time for this game dev to rise once more.
CDPROJECT profitable trade afterallLosing GPW:CDR trade on double bottom turns into a profitable trade. I have not sold because of the upward trend, then increased the position, which turns out was correct.
Took profit early because several times on GPW:CDR I have not sold at the top and saw reversal right after, just like today.
[UPDATED] CDPROJEKT CDR short position changesThis chart shows recent changes in short positions by 5 funds currently shorting GPW:CDR and how these changes likely affect the stock price. You can scroll the chart to the left to see earlier changes.
GPW:CDR short positions reported in KNF Short Selling Register stand at 3.21% (~3,3M shares) as of June 18th 2021 reporting date:
0,85%: Eminence Capital, LP
0,70%: Citadel Advisors LLC
0,60%: SCGE Management, L.P.
0,56%: Marshall Wace LLP
0,50%: Arrowstreet Capital (new!)
GPW:CDR as it is the most shorted stock on GPW, also it is one of the most traded stocks. Some analysts estimate that the actual short position could be as high as 16% of the free float, that is as high as 10M shares - reporting requirement starts from short selling position of minimum 0.50%, so there are likely many more funds shorting the stock that have not yet reached the reporting level.
The huge price drop after a very positive news on 16th June, i.e. announcement of return of Cyberpunk 2077 to PlayStation Store was used by short sellers to increase position and stop further stock price increase. Volume Accumulation Percentage Indicator (VAPI) shows strong sale of stock by short sellers.
Given that CDR is the most shorted stock on GPW and also one of the most popular, the large short position increases chances of short squeeze. High amount of borrowed shares could increase the stock price by over 20% when these positions are closed.
Note: Short Borrow Fee Rate (%) on OTC:OTGLY currently at around 5.42%, which is quite average.
This chart is based on the KNF data. The KNF Short Selling Register data for the Friday 18th June session will only be available on Monday 21st June:
- rss.knf.gov.pl
Disclaimer: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
CD Projekt Red on the recovery path?Looks like CD Projekt Red formed a double bottom and broke out of an upward channel to the upside.
It also broke out of the huge falling wedge it was forming since its decline that startet in December 2020. Yesterday was the retest of the upper dynamic resistance of that wedge. With todays candle it perfectly bounced off. This is pretty good!
Next resistance is at 46.890, also where the EMA100 is at the moment. I guess we will see a rejection from that level and a bounce from EMA50, before we go higher. From the fibs it also looks pretty good. If we pass 104.950, we could go up until 148.950-232.525. This is quite huge potential.
From the fundamental side:
1) Of course, CDPR had issues with the release of Cyberpunk 2077. However, it seems like they were able to fix a lot of bugs and it looks as if the title will be back in the PSN store any time soon. Further, CP2077 got some more positive awareness since it runs on the newest generation of Tesla's infotainment system.
2) On the other hand, the lawsuite is still ongoing. But, they made quite a huge amount of money with CP2077 and had only very few refunds. And similar cases exist that went well for the game studio (see EA and Battlefield). I expect the same for CDPR here, since the numbers are really well and the title runs better now.
3) The Witcher Season 2 will be released on Netflix this year and that series had some good reviews so far and extended the fanbase of that franchise - even though there were some controversial discussions about the cast. And the Witcher games sold pretty good upon the release of Season 1!
4) CDPR sits on a huge pile of cash for further development of AAA titles. Some updates are due in the second half of 2021 (NextGen Witcher, Mobile Witcher Hunter game).
So, in my opinion CDPR is on a good way to recover. Let's see how this plays out. I am looking forward to any comments. As always, this is just my opinion and no financial advice. What do you think?