Yes stock traders following a beta test in order to invest money
Some of you are really innocent at times
Don't follow beta tests - but do follow news media and other methods of garnering pricing information for major international corporations whose financial success is based on game popularity. If you don't understand how the markets work, that's not a reason to criticise others.
To you Ostia this is a game. To SE it is a multi-hundred million dollar investment.
There has been no news media release about beta phase 3 reception.... So there goes your argument.
But! You know... E3 just happened.... Hmmm! It could be that..... But nonono we must say it was XIV...
Ostia, I am not going to argue with you about this as that would require me to school you in market theory etc. which I am not going to do.
The markets are pretty efficient pricing new information in almost instantaneously. There are analysts who are specialists in the entertainment sector who monitor likely price events and advise brokers and front office accordingly as to stocks under/over valued and come up with recommendations. E3 events would have been priced in throughout the week last week by the analysts and whilst there would have been some carry over, most of this movement will be due to the good reception beta has had, put simply, there was nothing else that could have had a significant price impact.
I didnt mention media releases - you did. Companies are required to file certain significant information with relevant stock exchanges that they are listed on. I checked to ensure that SE had not lodged any releases that could have caused this change in price.
I am not going to argue about this anymore. You can either trust me or don't. My credentials are 20 years (almost) working in the financial markets, 10 years of that as an equities analyst - sure, I don't know everything and I often get it wrong but on this one I am speaking from a position of strength which is why I made the opening post in the first place.
In future I'll keep my posts to "I hate that FFXIV is not FFXI" to appease you, I just though this information might be of at least a little interest to a community keeping an eye on FFXIV.