So I am just a beginner but I only read the beginner guide on this subreddit I wanted to know something the new AC game from ufisoft is releasing and has many negatives and the company is facing loss so if I buy put option of ubisoft will it make money
Idk I am just dumb please clear my mistake
Posted by Even-Ad-1736
6 Comments
Is he yapping or is he cooking guys?
Its not a bad premise, a friend of me asked to look at the company recently. I also concluded it was indeed hemoraging cash. With no real prospects
Ubisoft trades under two different tickers in the US: UBSFY and UBSFF. Both are traded OTC and neither has options available. But the company does seem to be in trouble, so it might not be a crazy idea to buy puts. But I think you have to figure out how to do that on one of the european exchanges.
I was on the same tip as I saw the latest AC game looked pretty good and the shares are bottom barrel. Did some reading up. They’re drowning in debt like 90% debt ratio. Also they’ve delayed releases of their games time after time. So for me, that’s not what I want to be investing in.
Didn’t they just release Xdefiant a few days ago? I hear it’s doing well.
Not sure a single game failure would cause an entire huge company like this to drop too far.
These plays absolutely work.. Some point in 2020, I was fairly new to trading myself and I bought into GameStop super cheap because I knew the new console cycle was coming and I thought “this might cause a little spike in price”.. next thing ya know BOOM GameStop short squeeze 😂
I made around 80k because I had a dumb idea that the console cycle might pump the ticker a little bit.. so yeah, go for it, could work out man