Atari Company Atari Stock Price - could it be the next Gamestop

The Helper

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Stock price is down to 86 cents a share currently and no real official news yet. However, unofficially the pre-order units are on the ocean on the way to a bunch of new VCS owners. Hopefully they can go to retail soon but I think they would really want some more games. They are limited in the fact that they do not have development resources in house. There have been a few new games announced but nothing real special. They made some good money on the initial NFT offerings they did but then the NFT market just fell out. There is a wait and see on the Atari Token and the casino stuff this is definitely a Long Position if you have one in it. It is going to explode at some point and quit being a penny stock soon unless they screw it up.
 
midnight8

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price dropped back into the 70's this morning, picked up couple hundred more shares. I should have sold when it hit a dollar 15 and re-bought. lol
 
The Helper

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34 cents a share right now.


It was at 50 cents last week it fluctuates but they are not in danger of running out of money just trying to make money.

My question to you guys that bought the stock did anything change for you when they split the companies? I know
midnite and Ghan both got into Atari and I know they did a stock split did you guys get that? If you don't mind sharing
what price did you guys get in at?

This is a hold stock for sure.
 
Ghan

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I grabbed a handful of shares last March but as far as I know I didn't get anything from the split.
 
The Helper

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The Helper

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Atari Stock is down to 13 cents and currently you cannot buy or sell shares in the US because of a move to a different exchange. I don't think there is any danger to the company and I believe it is worth alot more than that but on the upside they released Gravitar Recharged today :)
 
The Helper

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Atari stock price went up to 15 cents a share. This is a good thing because it is a 50 percent increase over the 10 cents it was. Corresponds with the Gravitar Recharged to that launched exclusively for the VCS but will be out for all platforms in June. It will be interesting when this stock is available to be traded again in the US. I seriously think Atari is totally undervalued in the stock market and 15 cents a share it is a total buy if you can get it :)
 
The Helper

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Atari stock is up to 19 cents a share which is amazing since the only place that it can be currently be traded is on the Paris Exchange. It was 10 cents a share just last week.

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The Helper

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So I have been watching this for a while and it is super interesting. The stock is not on the US Market but apparently they are trying to get it on it again but they are not really big on listing penny stocks. Somehow Atari was able to do a cash and stock deal to get Nightdive Studios and the IPs to a bunch of different retro 2600 titles and whole libraries of retro games.

They got deals going with licensing and IP stuff and the Atari XP thing with the new cartridges and stuff sell out almost immediately. The have a new VR thing coming out as well. Even the Atari VCS has more games coming out for it every day and the volume is the most in the history of the Atari VCS.

This stock is at .15 but if you can buy it you should it is going to rocket in the next few years. For you guys that bought it and still have it just hold you will not be disappointed. The only thing I see is the balance sheet does not seem to reflect investments such as the one they did for Mobygames.
 
The Helper

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At this point I am thinking it is not the next Gamestop :) They just keep borrowing money from Wade Rosens company and expanding so I do not think big profits are a motive for them now.
 
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