Here is some info for you from a serious sourse Ivor and not pie in the sky dreams. Copied from MarkP off iii
The ChartT 'all format' is the summation of sales on GBA and PSX - you know that it has been explained (using the eletronic/linguistic equivalent of crayon) on a number of occasions.
Indeed, leave the games sector well alone; a summation of total UK sell through on DBS will be, I would estimate in the region of 50-60,000 copies now - a far departure from the 200k muted pre xmas and pardon me but XMAS IS OVER.
DBS PSX was available at wholesale last week for the princely sum of 7.50 and GBA 11.25 (ex VAT)- what does that tell you or are you going to try and spin that into 'good news too'? Look up the phrase 'stuffing the channel'favoured by our American cousins.
Look forward to an impeding; or should that be looming - trading statement sometime in January - historically around the 23-28th. If nothing is said then that I think would also speak volumes.
But not to worry eh, the maximum amount possible was taken from GEM in the absolute minimum time period - and 'if' the price holds when that 6.8million hit the market - then the company will net some 460k. So only another 5 bites of the GEM cherry to go then - if trading is inline with what the board expected at the AGM and the price and the volumes hold too.
HOW LONG DOES IT TAKE TO CHOKE WITH YOUR HEAD IN THE SAND?
If I sound annoyed - I am, sick to death of people talking utter trash about this share when all that has been happening is the average joe in the street gets left carrying the can-while they take their profits then admit it days later... sales of 100s of thousands of shares, purchaces worth a few hundred pounds.
Talk to a respectable advisory broker or an IFA.
Please note the Bulls on Rage never give sales figure estimates, never tell you the 2002 forcast is a £3mill loss from T&G, Never tell you how much GEM money Rage are taking and never tell you Rage seem to be going to GEM as fast as they can for as much as they can at the moment. Only the bears are backing up arguments with hard numbers which is why the bears are right and why the price is falling. Will you be buying some of those new 7million GEM shares in the next few weeks?