Nexon raises $1.17 billion from IPO, stock subsequently drops

Definitely among the best f2p online casino services to invest in, they'll take hundreds from kids without question and have very little chance of paying out any jackpots. And in the extremely unlikely event they do, it's still just a free2paste data point in a character file.

=)

That is what modern IPOs do. They come out of the gate with an inflated price (big trading companies work out pre-deals to get fair priced stock before it opens to public trading).

Every schmuck in his living room thinks the stock will be the next microsoft and jumps on it.

The big companies who got the nice deal ahead of time start unloading at the inflated price to get instant profit. The stocks go down because of the huge volume of selling and then after days or weeks it ends up at its real price which is below the IPO initial value and every schmuck in his living room loses money on them.

That last part oddly reminds me of this somehow...

"...there are two times never to invest. One when you can't afford it. And the other when you can." - Mark Twain.

I couldn't care less about their stock value or how much money they've raised, what is more interesting is this...

1.2 billion registered players

WTF did they come from?

@(Unverified) They too busy swimin in the lunch money of 12yr olds.

@(Unverified)

the developers are Korean, it takes time to communicate a English problem to them before they can even begin to get started finding what is wrong and fixing it, then when they do have a fix the patch has to be translated into English and on over.

then it has to be applied to a test server over on this side to make absolutely sure that (A) it actually works and (B) that it doesn't screw up anything else in the process.

not to mention that if the fix the Korean devs sent over doesn't work right then it's back to square one.

maybe playing too many video games actually does make you stupid ... I mean, it clearly states that only 77 million of the 1.2 billion accounts in their data base are actually being used.

77,000,000 out of 1,200,000,000.

it's kinda like they are almost sort of being honest about how many actual users they have and are not hiding the fact that there is a massive disparity between "accounts" and "active".

and while I'm sure that what they really mean when they say "active" is more along the lines of "not banned" or "not a gold farming site spam bot," 77 million users is still a hell of a lot of users considering that they haven't had any major releases since Vindictus. so that number is probably void of activity spikes that come with high profile releases.

for my own part I count as two accounts, both of which I use. the first I set up for Mabinogi but the game only gives you one free character per account, so after I learned the game and realised that I had gimped the hell out of myself I started another account 'cause I didn't feel like buying a rebirth. from that point on my second account became my main account and I used it for Mabinogi as well as vindictus, but when Atlantica was merged into Nexon's site I decided to combine my Ndoors account with my first Nexon account because they both had the same account name.

in the end I have two accounts with Nexon, and both are active as well as paying.