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Final Fantasy XIV disappoints stockholder, $26 million rage quit follows

Early reviews for Final Fantasy XIV Online have not been very positive. So far, the game has received a 54/100 rating on Metacritic. But most unsatisfied customers don’t own 1% of Square Enix stock. According to Japanese news site Yucasee Media, a disgruntled stockholder and Final Fantasy fan may have sold over $26 million dollars worth of Square Enix stock due to his disappointment with the MMO.

On October 7, Square Enix stock price fell from ¥1800 to ¥1735. But the drama behind what may be the most expensive rage quit in the history of gaming begins on October 2, when a Final Fantasy fan and investor holding about 1% of Square Enix Co., Ltd, allegedly made a post on the internet, saying:

“First thing in the morning tomorrow, I intend to instruct those who manage my precious Square Enix stock (however little it may be) to arrange to sell all of it. To Square, thank you for the enjoyment of your products up until now, with the exception of this last one. Goodbye.”

Unfortunately, Yucasee Media did not list a source for this comment made by the alleged investor and Final Fantasy fan. Still, the news outlet reasons that the numbers add up. The unusually steep drop in the value of the stock could be explained by the investor in question selling all his shares on October 7th.




Above: Note the sudden drop on October 7

Since the drop in price on October 7, Square Enix stock seems to have recovered. According to Bloomberg BusinessWeek, Square Enix Holdings Co., Ltd was valued at ¥1,770 when the Tokyo Stock Market opened today, on October 14. The stock's highest value for October 14 was ¥1,805 a share.

Oct 14, 2010

Source: Yucasee MediaBusiness WeekMassively

20 comments

  • Spacegrass - October 15, 2010 3:39 p.m.

    I'm surprised he didn't sell it all after XIII came out and wasn't liked by anyone, anywhere. Maybe he decided to wait for the next game, to make absolutely sure that the series was going nowhere but down.
  • Crabhand - October 15, 2010 3:22 p.m.

    That is an impressive rage quit.
  • TruckThunders - October 15, 2010 2:03 p.m.

    Okay, I've never played a Final Fantasy game in my life. It's just never been a series I've been interested in. But I understand that many of them are great games. But I've heard over and over again that the majority of fans don't care for the online games. So if a non-fan such as myself knows that, why doesn't Square know that? I'm not hating on the franchise at all. I'm just making an observation. (and Brett Elston asks TalkRadar listeners to leave comments)
  • elpurplemonkey - October 15, 2010 7:49 a.m.

    Great- and I mean fucking great headline T-nag.
  • pr0tostar - October 15, 2010 7:23 a.m.

    @ultimatepunchrod: Because THIS one is the spiritual successor, you could even technically say sequel, to an MMO developed by the exact same team for 8 years and running. They've had that much time to formulate concepts, develop them with player reception and fairness in mind, and to comprehend the boom of the MMO market/rival the competition. I could go on and on, but just think about it this way; this game's been 8 years in the making(not to mention a legnthly beta test.) Ok, so to be taken seriously in the scope of things (game being put out by prestigious Square-Enix, you can assume that's their intent,) they'd need to develop fresh concepts to appeal to an MMOer's time and budget. Sure, those concepts are in infancy, but they're not even the issue. This game was launched with ridiculously elementary issues, blatantly incomplete staples, and a fair to say, stunting growth system. I'm personally a casual MMOer, but I agree that putting limits on subscribed content is rubbish; an advisory message to players every time they launch the game is the absolute commonground between service and consideration. So, all things considered, this game has plenty of reasons to be reviewed, picked aart, and matched to all the other options and booming communities the MMO industry has to offer. TL;DR, inexcusable.
  • Starplatinum - October 15, 2010 7:11 a.m.

    Having played the game straight from Beta I'm still enjoying my time playing FFXIV. However every negative aspect mentioned in those reviews are pretty spot on. It's weird playing a game I like but not being able to recommend it to anyone in it's state. It's true some MMOs take some time to work out kinks but still with this much wrong it's easy to turn off any person who wants to give it a try. This article is awesome btw!
  • ultimatepunchrod - October 15, 2010 6:03 a.m.

    i really dont see the point in reviewing an MMO when its still in its infancy. those games are constantly being tweaked. it doesnt make any sense to review it now. maybe after the first expansion or something. idk that much about MMOs but i know that problems with those types of games are often fixed when the devs know theres a problem. that is if they care about making money
  • StrayGator - October 15, 2010 4:32 a.m.

    Wanted to say something about arkham city needed now more than ever, then found out it's produced/published by WB. Shucks for Squeenix. My captcha is part Hebrew. WTF
  • SideOfBeef - October 15, 2010 4:22 a.m.

    On the one hand, that seems like an immature way to manage your money. On the other hand, the guy can apparently throw 26 mill around on a whim, so who am I to judge?
  • Panties - October 15, 2010 4:12 a.m.

    Dear, Square Enix STOP MAKING THIS GARBAGE!!!!
  • grayguwapo - October 15, 2010 3:05 a.m.

    They should've seen this coming. They already experienced the same feedback when they did FFXI and hopefully they should've learned something from that, apparently not... I agree, they should just stick to single player for FF titles... I'm such a huge fan of the FF series but the online/MMO's just don't appeal to me... it's a shame really...
  • JCross3 - October 15, 2010 3:01 a.m.

    I would prefer to see a new single player ff (where is agito and versus?), but I'm still having some fun with xiv.
  • Clovin64 - October 15, 2010 2:40 a.m.

    FFXIV got negative reviews, did it? Can't say I didnt see that coming. Online FF fails. Bring on Single player FFXV.
  • Brutalicus - October 15, 2010 2:39 a.m.

    Words cannot describe how epic this is. Say what you want, Metacritic, but FFXIV beta kept me enthralled for about 5 days straight. After that the fun wore off, they should probably work on that.
  • Ganonpork - October 15, 2010 2:27 a.m.

    XD thats what happens when you make a final fantasy game online.
  • CoryRX8 - October 15, 2010 2:13 a.m.

    @lovinmyps3 There's more to owning stock than just having stock in a company that you like. Square-Enix has had quite a few well-publicized problems in recent years (cost overruns on nearly every project they've worked on, poor reception to several games, and finally the awful reception to FFXIV) and this could have been the straw that broke the camel's back for this guy. I can see why this guy would be expecting their stock to under-perform.
  • 8bitBaby - October 15, 2010 1:28 a.m.

    interesting... i guess i can't really blame him. if i had stock in squenix i probably would have done the same thing some time ago. they really need to step back and re-evaluate where they are going, and where they have come from. they are going to end up in the same place that lead them to call final fantasy just that, all over again.
  • lovinmyps3 - October 15, 2010 1:22 a.m.

    That seems like a stupid reason to sell stock in a company that sells on of the best and longest running RPG series in gaming.
  • bigdirtygreek - October 15, 2010 1:18 a.m.

    i was really looking forward to getting this one until i read up about all the negative reviews
  • Robx - October 15, 2010 1 a.m.

    Maybe if they apply LotRO's strategy... I'm just saying.

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