ATVI - Activision Inc.

[Boostlag]

Originally Posted by themav37

where can i go and get the latest news for this company? I'm not seeing any news coming out

bloomberg, reuters or google. ONly news that came out is 600mil sales in a week and stock gets dumped. It better hit 12bux before 2010. If historical is any indication, we won't it till the summer. I'm under too much to take this kinda loss.

[Bassix]

there was news recently that the chinese ministry of culture was going to ban WoW. Not sure if that's had an effect, but losing chinese subscribers if the ministry deems WoW an offense would deal a blow to the player base.

[Boostlag]

Originally Posted by Bassix

there was news recently that the chinese ministry of culture was going to ban WoW. Not sure if that's had an effect, but losing chinese subscribers if the ministry deems WoW an offense would deal a blow to the player base.

no effect. They play on hongkong and american servers.

[Boostlag]

Kotick is killing me! He sold another 1.6 million shares after selling 2mil couple days earlier. This guy knows that he won't be able to make the 4th quarter. I'm gonna take my losses and sell it at open.

[BranRx]

is our stock showing signs of life?

[shemer77]

bought today at market open, planning to sell monday

[BranRx]

http://www.reuters.com/article/marke...0091203?rpc=44

good things should happen to the price any day now

[Boostlag]

as a avid video game player, think I know more about this market than any analyst. ATVI was a good short run for MW2 but I wouldn't hold this long. They grew with huge popularity of Guitar Hero and Tony Hawk franchises. Both a fad and fading fast. They don't have any new IP that can generate serious numbers. Granted they have Call of duty but one game can't save a multi billion dollar company. They relied way too much on 100+ dollar accessory mandatory games in times of recession, its gonna bite them back. Both DJ hero and Tony Hawk ride are still born, which needed to be a hit.

I'd go for GME right now, horribly over sold at 9 times its earnings. Judging by last year releases being Gears of War 2 being the biggest. We'll easily beat last years 4th quarter with MW2, Mario, Zelda, L4D2 and Assassins creed. Buy now... seriously at 21.50. Once the Nov NPD numbers are released and there is a 10-15% gain from last nov, tis stock is gonna go back up to 25dollars.

[BranRx]

The thing is this never ran after COD release. I think WOW income alone should make this a higher priced stock. Im still at a loss for words with todays action. I keep thinking about Cramers comment about a catalyst is needed for gaming stocks. Im trying to ponder this meaning. Im just going out on a limb and saying people are unsure about a sure thing.

[Boostlag]

Originally Posted by BranRx

The thing is this never ran after COD release. I think WOW income alone should make this a higher priced stock. Im still at a loss for words with todays action. I keep thinking about Cramers comment about a catalyst is needed for gaming stocks. Im trying to ponder this meaning. Im just going out on a limb and saying people are unsure about a sure thing.

WOW is a over five years old. Its not growing, subscribers are decreasing, more competition and the game just has gotten old. Pretty much all my friends that I never saw for years due to this game have all quit. Activisions PC games generate 10% of companies revenue, not including MMO subscription.

We saw a point upward tick for MW2. However big a game is, one game can't carry a company. Band hero, Guitar hero 5, Tony Hawk and DJ hero has all been disappointments, probably lost money on marketing and development.

this year generally has been bad for gaming, not because of recession persay but titles has been weak.