Tyranny

No I am not talking about the US election ....

The pre-sales of the game are going amazing judging by their Steam position. Paradox has such an amazing fan base for their games. I thought the company came in a bit to expensive in the IPO. I still find it a bit on the expensive side, but looking at the pre-sales of Tyranny you have to think that Paradox can grow revenues aggressively in Q4 2016 and 2017 so a P/S in the high 5-6 range is probably motivated. 

I like to look for 30-50% return potential, here I think its a bit lower. But I just cannot stand besides looking at Tyranny sales and not have a small position. Although I am worried that the Q3 results next week will be on the week side, and all the retail investors in this stock without a proper understanding of the business model will read that as negative and hit the panic sell button. So am buying 50% of my position now and will wait and see what happens next week.