Thanks for that Jester, I thought it was quite soon for such a deep discount.  I have decided to hold firm with the short position, a mulitple in the 22.77 area is way too generous for a company that has struggled for years to grow its revenue base.  I also think that overall gamer engagement has been slowed by the miriad of competing entertainment being offered online.  The explosion of streaming entertainment in particular has got to be diluting growth of the video gaming Industry.