AtariAge + Atari Q&A

[+Sauron]

36 minutes ago, TrogdarRobusto said:

The number of times it was called vaporware ... the VCS has its weak points, I could point them out all day long. But it has some strengths.

It has tons of potential and signs are pointing towards it realizing at least some of it. Now if you guys can just iron out the bugs... 

 

[Albert]

15 hours ago, x=usr(1536) said:

Oh, OK.  So you're not doing it now.  Got it.  Sure as hell did try it in the past, though.

 

With the history you have both here and elsewhere, the smart thing for you to do would be to just go away.  You'll fit in better on Reddit.

Let's please try to be civil here, regardless of the opinions you may have, thank you. 

 

 ..Al

[+jeremiahjt]

16 hours ago, TrogdarRobusto said:

Yes. 

I do want to thank you for answering. I assume this was acquired with the Accolade /GT Interactive deal. Let Mr. Rosen know that we would like to know the rest of the games in that deal.

[roots.genoa]

6 hours ago, PowerDubs said:

 

It hit $1.14 or so before Wade dumped the price.

 

But even at the last few weeks... your comment is wrong.  Example- I bought 28k shares a couple weeks ago at .14 and the next day the price went to .17 - a paper gain of $840.

 

Atari is easily worth $X. as opposed to $.X

I stand corrected but in my defense, I had no idea you bought that many. 😵

[Nall3k]

9 minutes ago, roots.genoa said:

I stand corrected but in my defense, I had no idea you bought that many. 😵

I'm curious if the stock will rise within the next 2-3 years. Nightdive was a good purchase for Atari, System Shock and their remasters have been critically acclaimed. Atari needs more internal studios like that.

[+cvga]

8 hours ago, PowerDubs said:

 

It hit $1.14 or so before Wade dumped the price.

 

But even at the last few weeks... your comment is wrong.  Example- I bought 28k shares a couple weeks ago at .14 and the next day the price went to .17 - a paper gain of $840.

 

Atari is easily worth $X. as opposed to $.X

You have to pay more attention to the bid/ask for these penny stocks. It's great that you purchased at .14. That has been closer to the bid (what a dealer would pay for your shares) price recently. The .17 you saw was almost definitely another ask (what the dealer wants you to pay for shares), you wouldn't have been able to sell yours at that price. It was probably still around .14. Not bad though since you bought at that price. Most people are going to lose about 20% as soon as they purchase due to the bid/ask differential.

[+cvga]

Just checked today's close. PONGF closed at .132 (-17.5%) but that was the bid which just means that someone sold their shares as the last transaction of the day. The ask is .159 which is the price someone would have needed to pay to purchase shares. There were only about 25,000 shares traded today for a whopping $375 or so in total transactions. 

[JPF997]

6 hours ago, roots.genoa said:

I stand corrected but in my defense, I had no idea you bought that many. 😵

You know some people here are gonna laugh they're asses off at what I'm about to say but seriously If Wade Rosen is ever in need of a new vice president at Atari SA then our man powerdubs should rightfully take that spot, can't think of anyone else that has ever showned such level's of dedication and loyalty to the brand as he does, no other man  (besides Al of course) is more deserving of becoming the second in command at modern Atari today 💪

[guppy]

8 hours ago, PowerDubs said:

Atari is easily worth $X. as opposed to $.X

I recall that there is something like 400,000,000 shares of PONGF, so do you really think the company has a value of almost a half billion dollars? I don't. I think the market is pretty rational and fairly evaluates stocks most of the time. Sometimes it undervalues a company, but this would be a rather large undervaluation.

 

There's value in the brand and in the IP, but I don't know that it's worth that much by itself, and I don't think Atari is deriving that much value from their IP currently, and their operations are not positioned to do so right now. 

 

I could believe that they have the capability of growing in a few years, if they continue to do well, but it'd be rather surprising if the stock price hit $1/share in the near future. I could see it happening sometime in the next 5 years, looking at the history chart, but I also wouldn't be surprised if it didn't, and just stayed around $0.10-$0.35/share. The stock price has been around $0.13 for quite a while and hasn't been much lower than that, so if you want to buy at the bottom of the market, now's a good time to buy it. 

[Matt_B]

2 hours ago, Nall3k said:

I'm curious if the stock will rise within the next 2-3 years. Nightdive was a good purchase for Atari, System Shock and their remasters have been critically acclaimed. Atari needs more internal studios like that.

I really love Nightdive's work on the Quake remasters. They're of benchmark quality and to have that level of talent at Atari's disposal opens up huge possibilities.

 

Purchasing a games studio is always a bit of a double-edge sword though. Just look at what happened to most of the ones Microsoft picked up in the 2000s; most of them are now closed or were sold on to other owners and Rare is about the only one still going for them. It's clearly something that's got to be carefully managed.

[PowerDubs]

3 hours ago, guppy said:

I could believe that they have the capability of growing in a few years, if they continue to do well, but it'd be rather surprising if the stock price hit $1/share in the near future.

 

I could see it happening sometime in the next 5 years, looking at the history chart, but I also wouldn't be surprised if it didn't, and just stayed around $0.10-$0.35/share.

 

The stock price has been around $0.13 for quite a while and hasn't been much lower than that, so if you want to buy at the bottom of the market, now's a good time to buy it. 

 

The stock was steady at about .35-40 for a long time until Wade dumped it to attempt his takeover buyout- gotta look at the business actions behind the price.

 

...and even if it 'only' hits .35 again in 2-3 years- which should be easy- that's over double someones investment now- which they won't see anywhere else.

 

That's already a no brainer at this buy in... then add another dime or 2 on top of that...  yeeeaah.   Not unreasonable.

[guppy]

27 minutes ago, PowerDubs said:

 

The stock was steady at about .35-40 for a long time until Wade dumped it to attempt his takeover buyout- gotta look at the business actions behind the price.

 

...and even if it 'only' hits .35 again in 2-3 years- which should be easy- that's over double someones investment now- which they won't see anywhere else.

 

That's already a no brainer at this buy in... then add another dime or 2 on top of that...  yeeeaah.   Not unreasonable.

Right, it would not surprise me if that happened. It's reasonable and attainable. 

 

Looking at the graph, PONGF hasn't been over $0.20 since May 2022, and peaked just over $1 and change in Jan of '21, and has been pretty flat right around $0.13-14 for a while, but as things change with the company that should be reflected in the stock price, and I generally like the direction I see Atari SA taking with putting out new games rather than just milking the old ones. I definitely didn't buy the stock hoping it would go down. I don't count on it going up quickly, but I don't have a crystal ball, so we'll have to see. I'd like to see it get back to $1/share for sure. 

[AtariNerd]

Well, that took a sharp turn.

 

I take it back.

 

Go back to silliness

 

(Or techno-babblage. Or not being good conversationalists or  too useful, such as myself. ))

 

Welp. ::flees::

Edited September 30, 2023 by AtariNerd
Awkwardness

[JPF997]

20 hours ago, guppy said:

Right, it would not surprise me if that happened. It's reasonable and attainable. 

 

Looking at the graph, PONGF hasn't been over $0.20 since May 2022, and peaked just over $1 and change in Jan of '21, and has been pretty flat right around $0.13-14 for a while, but as things change with the company that should be reflected in the stock price, and I generally like the direction I see Atari SA taking with putting out new games rather than just milking the old ones. I definitely didn't buy the stock hoping it would go down. I don't count on it going up quickly, but I don't have a crystal ball, so we'll have to see. I'd like to see it get back to $1/share for sure. 

I don't think we as gamers should really be that conserned about Atari's stock price, there are companies out there worth a thousand times more (EA, Ubisoft, Epic etc) yet the actually quality of the games they produce is garbage compared to what modern Atari is putting out ( the recharged games, the new ip's, system shock remake ), as long as good games keep being made that's the most important thing that should matter to us .

[PowerDubs]

Weird- an Atari board member tweeted at Elon today- https://x.com/kellybianucci/status/1708264412786606162?s=20

[jerseystyle]

On 9/29/2023 at 3:14 PM, JPF997 said:

You know some people here are gonna laugh they're asses off at what I'm about to say but seriously If Wade Rosen is ever in need of a new vice president at Atari SA then our man powerdubs should rightfully take that spot, can't think of anyone else that has ever showned such level's of dedication and loyalty to the brand as he does, no other man  (besides Al of course) is more deserving of becoming the second in command at modern Atari today 💪

But, as has been proven over and over on this very board (using the Amico and the Chameleon as evidence), passion and dedication mean NOTHING when compared to competence, leadership skills, accountability, etc. This isn’t a knock on Pdubs since I don’t know him, but I think we’ve seen enough corporate dress-up the past few years. 
 

People made the same argument to support TT… “so passionate, lifelong fan, etc”. Passion without ability is meaningless in terms of corporate turnarounds.

Edited October 1, 2023 by jerseystyle

[guppy]

6 hours ago, JPF997 said:

I don't think we as gamers should really be that conserned about Atari's stock price, there are companies out there worth a thousand times more (EA, Ubisoft, Epic etc) yet the actually quality of the games they produce is garbage compared to what modern Atari is putting out ( the recharged games, the new ip's, system shock remake ), as long as good games keep being made that's the most important thing that should matter to us .

"As a gamer," I'll play any game that's good, and I'll try any game to see if it's good.  I don't care if it's a AAA title or an indie title or a game jam game.

But a company's performance and financial health can be a relevant concern to a consumer who is interested in the products made by that company.

[JPF997]

1 hour ago, jerseystyle said:

But, as has been proven over and over on this very board (using the Amico and the Chameleon as evidence), passion and dedication mean NOTHING when compared to competence, leadership skills, accountability, etc. This isn’t a knock on Pdubs since I don’t know him, but I think we’ve seen enough corporate dress-up the past few years. 
 

People made the same argument to support TT… “so passionate, lifelong fan, etc”. Passion without ability is meaningless in terms of corporate turnarounds.

In the case of good old Tommy Talarico  feeding his own ego was far more important to him than his supposed "passion" for the Intelivision brand, hell he's the primary culprit in that brand having lost all the legitimacy it once had, just like Mike Kennedy  when he killed Colecovision. Plus what I said about dubs was more of a compliment to him than me picturing a realistic future scenario, I'm sure Wade already has built up a team that is both loyal and  capable at they're jobs, we've seen  the results of his leadership ourselves, in just two short year's we've gotten more high quality Atari products than in the last 10 years of the previous administration, I expect even more good things coming in the future.

[JPF997]

1 hour ago, guppy said:

"As a gamer," I'll play any game that's good, and I'll try any game to see if it's good.  I don't care if it's a AAA title or an indie title or a game jam game.

But a company's performance and financial health can be a relevant concern to a consumer who is interested in the products made by that company.

Sure but it's too early to be getting conserned over something like this, the company is slowly paying off it's debts and is starting to generate more income from the gaming division  (which is what we care most about) than all other division's combined, that's a great thing for us, it means they'll prioritize making even more great games in the future over investing in crypto and  licensing deal's and living off of that like the Chesnais era Atari did.

[guppy]

1 hour ago, JPF997 said:

Sure but it's too early to be getting conserned over something like this, the company is slowly paying off it's debts and is starting to generate more income from the gaming division  (which is what we care most about) than all other division's combined, that's a great thing for us, it means they'll prioritize making even more great games in the future over investing in crypto and  licensing deal's and living off of that like the Chesnais era Atari did.

I'm not concerned about the stock price or where it's going. That isn't why I purchased the stock.

 

I purchased it because it's cheap, and it gives me a way to ignore people who will at some point in the future try to tell me that Atari is beholden to its shareholders, so can't do the thing I'd like them to do.  Since I'm now a shareholder, I get to say what I'd like Atari to do, kind of like if I was a paying customer.  And Atari can still ignore me and do whatever they want to do, because of course they will.  But at least I won't have to listen to some insipid argument that starts out with "Atari's only reason to exist is to maximize returns for their shareholders so that's why they had to take a giant poo on [thing I cared about]" if they happen to do something I don't like; I can just say "Hey man, I paid my $130.  I own 1000 shares, I got skin in the game, man, and that means Atari is beholden to ME to drive straight into the ground and do the unbusinesslike thing that I want them to do!"

 

I'm not being too serious in other words.  But at $0.13/share, I can afford to not be serious.

 

I'd love that $130 to turn into $100,000 in a few years, so sure of course I want the stock price to go up.  I don't expect that to happen, though, and I'm certainly not "concerned" about it.  I considered it like I would consider $130 that I throw away on a losing bet at an Atari-branded casino.

 

The things I am concerned about: 

 

80% that Atari does well by this community and doesn't screw it up (and I'm optimistic on that); and

20% that Atari does just as you suggest, prioritizes making great games in the future over those other indicatives you mentioned, that I never cared for.

[+x=usr(1536)]

6 hours ago, guppy said:

I purchased it because it's cheap, and it gives me a way to ignore people who will at some point in the future try to tell me that Atari is beholden to its shareholders, so can't do the thing I'd like them to do.  Since I'm now a shareholder, I get to say what I'd like Atari to do, kind of like if I was a paying customer.  And Atari can still ignore me and do whatever they want to do, because of course they will.  But at least I won't have to listen to some insipid argument that starts out with "Atari's only reason to exist is to maximize returns for their shareholders so that's why they had to take a giant poo on [thing I cared about]" if they happen to do something I don't like; I can just say "Hey man, I paid my $130.  I own 1000 shares, I got skin in the game, man, and that means Atari is beholden to ME to drive straight into the ground and do the unbusinesslike thing that I want them to do!"

This is precisely why I'm considering buying 1000 shares of Atari.  My expectations of ever seeing a return on it are zero.  If there is one, great; if not, I'll live.  But I, too, want to be able to be ignored 

 

7 hours ago, guppy said:

80% that Atari does well by this community and doesn't screw it up (and I'm optimistic on that); and

20% that Atari does just as you suggest, prioritizes making great games in the future over those other indicatives you mentioned, that I never cared for.

As for the former, I'm cautiously-optimistic; on the latter, totally agreed.

 

I get that Atari has IP with some value in the retro marketspace, but without new games they're heading straight for the tunnel painted on the canyon wall.  Sure, base some new titles off of historical IP; there's no problem with that.  But without non-retro games, the portfolio doesn't really have anything in it with broad appeal.

[buescherking]

Just an FYI it looks like Atari is asking for a reverse split on there stocks, as a shareholder I'm not real happy about that, but I don't have a lot of stocks anyway. Maybe they want to get their shares valued higher so they can be trade above the dollar threshhold? I really don't know much about this stuff, but that's what I read.

[jerseystyle]

14 minutes ago, buescherking said:

Just an FYI it looks like Atari is asking for a reverse split on there stocks, as a shareholder I'm not real happy about that, but I don't have a lot of stocks anyway. Maybe they want to get their shares valued higher so they can be trade above the dollar threshhold? I really don't know much about this stuff, but that's what I read.

Pdubs is gonna be tearing up that speakerhat. 

[Lord Mushroom]

On 9/30/2023 at 12:37 AM, guppy said:

The stock price has been around $0.13 for quite a while and hasn't been much lower than that, so if you want to buy at the bottom of the market, now's a good time to buy it. 

Just because the share price hasn´t been much lower than $0.13, it doesn´t meant it won´t in the future. A company can be the cheapest it has ever been and still be overpriced. A company that goes bankrupt will become cheaper and cheaper until it is worthless.

 

The only thing the historic share prices say about a stock´s future is its probable precentage variance.

[buescherking]

23 minutes ago, jerseystyle said:

Pdubs is gonna be tearing up that speakerhat. 

I would tell him not to tear up that hat just yet. In my opinion if they can raise the stock price up enough to be traded on NASDAQ that would be a good thing, it may be a good time to buy possibly, again I don't really know, no idea if this will or won't happen. Up to all the shareholders.