August 5, 2009
Reposted from LongShortTrader.com:
I just wanted to give you folks a quick note – I sold Activision (ATVI) after hours. The guidance just wasn’t strong enough for my liking, even when factoring in the delays of Starcraft 2 and Singularity.
The market’s had a huge run and the stock trades at a significant premium to Take-Two [...]
Read the full article →
August 4, 2009
We’ll learn a lot about the state of the video-game industry this week as two of its biggest players — Electronic Arts (ERTS) and Activision (ATVI) — report earnings.
I’m not placing much stock in the value of the actual numbers they’ll report, which were somewhat telegraphed by the monthly NPD numbers, channel checks, and [...]
Read the full article →