Showing posts with label ATVI. Show all posts
Showing posts with label ATVI. Show all posts

Monday, April 27, 2009

Wish List

For core holdings:

AAPL (tech/retail/electronics)
AMZN (retail)
ATVI (gaming)
AXP (credit card)
BIDU (China/search/advertising)
F (possibly the lone US automaker by 2010)
FLS (infrastructure)
GOOG (search/advertising)
GS (financial)
LVS (casino)
MCD (dining/international)
NTES (China/gaming)

Not so crazy now

It wasn't very long ago when I was willing to go fairly large on a daytrade and ride a skeptical, paranoid market with a sturdy surfboard known as FAZ. I mean, it was high risk, high reward and I made some dollars -- then gave most of it back being inexperienced with the incredible speed that it can change direction.

Today, I just watched as FAZ moved now and then. The sentiment in the market wasn't totally fearful, so it's much tougher to gauge the direction on an uber-short ETF like that. The market was mostly sideways today. So instead of trying to dip in and out in a tough environment, I put small orders in for some stocks I like both short and long term: AAPL, ATVI, DNDN and F. Of the three, DNDN is a real crapshoot and I will probably bail out before they announce the precise results of Provenge testing after the bell tomorrow.

BAC got to 9.29 in the morning, but I didn't sell (break even would be 9.35) so I'm holding that bag. Chief exec Ken Lewis could be canned any day now, which might kick start the stock. I don't see it as a long-term hold either way.

AAPL is money. Golden. I'll keep adding little by little for a core holding. ATVI, Activision Blizzard, is responsible for the cultish, zombie-like behavior of gamers everywhere, including my nephew, who is addicted to Call of Duty 4 online. It has powers we can only imagine. The stock has been pinned in the 10 range for awhile. Could be time for a run.

Sunday, April 19, 2009

In honor of Call of Duty addicts

Such as my nephew.

One of my favorite writers, Rick Aristotle Munarriz, may have convinced me about Activision Blizzard. I'm taking a close look at ATVI in the morning after I sell BAC (probable). ATVI raised earnings estimates on Thursday from 63 cents to 73 cents per share, and the stock popped at the open, sold off and rallied before Friday's close. It hit a high of 10.89, a low of 9.99 during those two sessions, and closed at 10.57. It's traded between 9 and 11 for the past month.

With the Co's guidance -- earnings will be out in two weeks (May 4), this is ultimately a potentially great trading stock. If ATVI pulls back to 10.25 or lower, I'm probably in. All I want are dimes. Quarters would be nice. It could just boost over 11 real quick. Wouldn't surprise me. How many companies are increasing profits in this recession?

I've seen how people get addicted to Call of Duty (quite a series, people play online day and night) and Guitar Hero. Might as well profit off their addiction.

Why not ERTS? Madden retired, there's nothing "hot" in the pipeline. Electronic Arts is a cold fish right now, which is sad but I'm going to make some money rather than worry about ERTS.