Take-Two Interactive Software, the company that publishes Grand Theft Auto and other refined titles, said earlier this week it would delay the release of annual financial filing. Anyone who follows stocks knows they're dealing with a shifty company when they hear announcements like that. And the CEO of the company is regularly cited in the financial press as someone who should, maybe, find another job. Yet Take-Two's stock continues to defy gravity, probably on the perception that the Grand Theft Auto franchise will continue to annoy parents and political do-gooders for years to come. Which course to take, short the hell out of the stock or go with the rest of the market and buy?
Take-Two delays annual report [Reuters]
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