No idea. I just like to buy ATVI shares into hype events like Blizzcon or new game releases. Worked well for me throughout the years.
Oh, true, completely forgot that Blizzcon is getting closer. A new Diablo III expansion would be cool.
I see comments like this under every Blizzard cinematic on YouTube, hehe. It is VERY expensive to make CGI movies. You can watch WarCraft though.
$ATVI took some profits this morning and bought shares here at 40.96. This stock likes to behave strangely for a few days after ER.
Analyst Upgrade/Downgrade Update Brokerage firm: The Benchmark Company Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $49.79 Current Price Target: $50.87
Sitting at previous resistance and support that has been tested before. Looks like a good spot for an entry. Just got in at $38.24.
Not even sure why it's trading down. The new CoD is selling well and there's a new Hearthstone expansion coming out in early December. These usually pump the stock, not the other way around. Makes for a good entry though.
Probably because the CoD sales aren't as good as expected? The game did get some favorable reviews though.
Heading down with the market today, down over 4% so far. Right back down to where I bought in earlier this week: