Activision (ATVI) now +5.4% AH in response to its Q4 beat, even though (as is often the case for...

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jpmj4847 Comments (334)
 
As I commented in a early report about ATVI, just watch the children's faces at Wal Mart, SKTLANDERS...Big money....look for new 3-D models in the coming years... One can't see the forest because of the trees...I like going to the Big Malls with my wife and grandchildren...not to shop; but, to see.... what moving......not so much..I'm long.jpmj4847
8 Feb, 01:17 AM Reply Like

codycoyote Comments (3)
 
I like Activision, I play Skylanders and COD with my son, and I owned the stock up until this report. It was a bright ending to 2012 but it was an ending and now investors look ahead... to a very bleak outlook. 2012 earnings came in at $1.19. Co. forecasts 2013 earnings at $.80. That's a plunge of 33% if my math is correct and the market and analysts won't be celebrating that guidance. In fact, I suspect the shorts are sharpening their knives - and if you're still in the name I would bet that it's best to get out quick as you can.
8 Feb, 04:39 AM Reply Like

skiz Comments (328)
 
Done. I've been waiting for a high to dump, as this stock has done little for me in the years I've owned it. Perhaps it is a cyclical and I had the wrong strategy all along...
8 Feb, 11:27 AM Reply Like