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Jeremy Frommer, CEO of Hedge Fund LIVE Jeremy Frommer has 20 years of industry experience and is currently responsible for general management and leadership of the General Partner. Previously, Mr. Frommer was a Managing Director and Head of the Global Prime Services Group (“GPS”) at RBC Capital... More
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  • ATVI: Ready for the Holidays? 0 comments
    Nov 5, 2010 3:31 PM | about stocks: ATVI, EA, TTWO

    Yesterday after the close Activision (NASDAQ:ATVI) reported a great quarter.  ATVI’s EPS came in at 0.09 vs. the street at 0.04 and Revenues of 857.00 vs. 750.00.  ATVI’s guidance was a bit light, especially with the blockbuster  Call of Duty: Black Ops due out in a week.  Although ATVI’s guidance was a bit lighter than expected this is common with ATVI as they are becoming the Apple of the video game space; kill earnings, slow play guidance, and kill earnings.  Overall video games sales are a bit light into the holiday season across the board I think the reemergence of Goldeneye for Wii could be a sales catalyst over the holidays that many analysts are missing.

    Disclosure: Long ATVI

    Stocks: ATVI, EA, TTWO
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