Hey, at least they did not have to take government bail out money to make the game. That means they are better off than our auto industry and financial industry as both industries needed billions of dollars to save businesses from going bankrupt. Cryptic must be doing something right.
I was interested to see how investors were responding to Star Trek Online. I did a little search for Cryptic Studio's current stock price. Surprise! Cryptic stock is not to be found anywhere. Presumably because it was bought out by Atari on December 9, 2008.
Whats more interesting is that earlier that year Atari was delisted from NASDAQ. Now Atari's current stock price is no where to be found either.
So let me get this right...Cryptic was doing so bad that they got bought out by another failing company. Wow. And people actually believe that things are going to improve with this game? If anything things are going to get worse. Mark my words, in 12 months max Cryptic Studios will no longer exist in its current form, and STO will be either sold off or totally shut down.
Actually, that could simply mean they went Private (most of there shares are held internally and/or by private owners that haven't declared an intention to sell).
It has little to do with Value of the company and with current market trends it could be considered a positive since it would imply more stable and less affected (not immune) to market conditions. Its also something that wouldn't be considered a bad move to do with current market conditions.
Being delisted just means the stocks aren't for sale Publicly, sales would have to be arranged directly with share holders.
A company's stock price has nothing to do really with its value or how successful it is .... I worked for a company that was a Fortune 500 company, and their stock hovered right around $6.50 a share (as low as $3.50 and as high as $25). Its all about how many shares they have out and what their debt is.