CDPROJEKT is still getting shorted but it's a great deal

27 באפר׳ 2021

The company reported solid results including high sales of Witcher 3 in 2020, likely related to the popularity of Netflix series and more Witcher games will be released in 2021 (The Witcher Monster Slayer, Next-Gen Update). The company continues to very actively release patches for Cyberpunk 2077, where HOTFIX 1.21 fixed most of the major outstanding issues (source: cyberpunk.net/en/news/).

Lack of rebound of the CDPROJEKT stock price after dividend announcement is likely result of short positions by:

1 Egerton Capital (UK) LLP
2 Marshall Wace LLP
3 Eminence Capital, LP
4 Citadel Advisors LLC

Source: rss.knf.gov.pl/RssOuterView/faces/start2OuterView.xhtml

Commencement of buyback of company shares will probably soon follow.

Given the solid 2020 results with fantastic net profitability, solid pipeline of game releases in 2021, great progress in fixing Cyberpunk 2077, this stock look like a great bargain.

28 באפר׳ 2021

הערה

Cyberpunk 2077 Hotfix 1.22 just got released today and stock jumped +2.50%:

cyberpunk.net/en/news/38047/hotfix-1-22

Given the improvements, the game will likely be back in Sony PlayStation store soon.