Cyberpunk 2077: Update

Lucas Fashina

4 years ago

Sony has removed Cyberpunk 2077 from its PlayStation Store and says it will give players full refunds for digital copies of the game.
Shares of Cyberpunk’s Polish developer, CD Projekt, tumbled from a quarterly high of $120, all the way down to a ghastly $75.
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of CD Projekt S.A.

Perfectly smooth games releases are rare, and it can take a little bit of time to fix the million lines of code, and glitches, which is fine. Cyberpunk 2077’s issue, is that it was released with so much pomp and circumstance that every little issue gets magnified. Don’t get it twisted, Cyberpunk 2077 sold well, but those playing the game on their legacy consoles such as the PS4s and Xbox Ones had issues issues with resolution, frame rate, no mouth movement in conversations, and glitching animations such as the occasional gopher genitalia appearance.

Investors are of course nervous: There aren’t even enough PS5s to go around to spurn people buy the Cyberpunk 2077; and refunds were dispensed without forethought to the investors, who can’t see how CD Project is going to make any significant revenue any time soon. The least they could do is push out some type of Dividend Yield, hence the Lawsuit courtesy of Rosen Law Firm, a global investor rights law firm.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and CD Projekt would be forced to offer full refunds for the game; (3) consequently, CD Projekt would suffer reputational and pecuniary harm; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

You might me asking yourself what does that all have to do with comics? Well, lest we forget that Dark Horse Comics went all in on CyberPunk releasing a comic on September 09, 2020. Speculators snapped the copies up betting on the popularity of the game would somehow translate over to the comic. Especially the Trauma Team #1 Dark Horse Exclusive Variant Comic, which is going for around $500. Not bad for a comic with 300 printed copies, but troubling for those that already invested, because this hiccup could be trouble for the overall value.

So what do you do? If you’re already invested get in on the lawsuit. If not but want to invest, wait till it drops to around $60 (the lawsuit news dropped on Christmas Eve, and the market hasn’t had a chance to react yet. If you’re a comic Speculator , you are in a tough spot, because it does have a good shot a becoming a movie due to its affiliation with Keanu Reeves.