Take Two Interactive gets burned by "Hot Coffee"

In light of the ESRB's rerating of Grand Theft Auto: San Andreas (from Mature to Adults Only), Take Two Interactive Software (TTWO) has lowered its guidance for the coming quarter. The market responded taking almost a smacker (yes, I watch too much Mad Money) off the price of the stock (over 3%) at the time of this writing.

While I personally think this is being made into a bigger deal than is necessary due to political ambitions (cough Hillary cough), and while the game itself needs to be hacked to unlock this content, this is fairly bad news for the stock in the near term. I think in the mid to long term, however, Take Two will benefit from the next generation systems this fall (XBox 360 and PlayStation3). I'm carefully deliberating what to do with my holdings in Take Two, any decisions will be placed in this article as an edit.