Note how ERTS was ahead of the pack in this bounce off the bottom.
Was short the QQQQ's (via put options), then rolled into ERTS Call options when the market seemed to bottom this a.m.
ERTS took the lead in the tech bounce today and is up almost 2% on no news. The selloff yesterday on the ERTS acquisition was unwarranted.
Buying a strong chart pattern like ERTS's on a pullback is proving to pay off. Tomorrow we may see 56+.
You see, as soon you attempt the grown up talk instead of the people bashing, you highlight your own ignorance. No marketing and no quality? How retarded is that. I mean really, the mind boggles.
You were Pwned. Your so-called L337 industry experience is clearly no more than your 19 year old roommate working as a part time QA tester. For EA probably. ROFLIMRYFI. (I just made that up, I've no idea what it means I'm just trying to fit in with your youth culture before I go out skateboarding).
[more sad personal attacks from 'Austin' to try and cover his weakness and anger at the world, blah blah same old record playing]
Hey Austin, may I humbly suggest you use your 'L337' status in the industry to request an audience with Larry Probst and Bobby Kotick. Explain to them how they could save hundreds of millions by eliminating all their marketing, because they can't prove sales came from any of the ads. Then suggest they hire homeless people instead of talent, to reduce dev costs. They'll save on OT related lawsuits and hundreds more millions in dev costs. Since reviews reflect quality and reviews are irrelevant, it follows that quality is irrelevant too. It seems not only stupid but actually fiscally irresponsible to spend time and money trying to improve a game. While you're spreading your gospel, get the SEC onto any of those people who try to delay a game to improve it. They're killing the shareholders. because the better quality game won't sell more anyway.
I can't believe these guys have been operating like this for so long when your own business plan is such obvious genius. "No Marketing! No Quality!" - that's brilliant! Let Warner know too, because they have this policy where they expect a certain level of quality from people making games with their IP. They must be idiots too. Some clown called 'Austin' on an anon message board says so. Let me know how it goes when you tell these long-time CEO failures Probst and Kotick of your plan. With all these cost savings and no impact on revenues, ERTS and ATVI should be at $200 and $50 in a matter of months.
Why are you working for The Man? With this business plan, "No Marketing! No Quality!", you'll be ahead of the curve in this multi-billion dollar industry. In fact, please contact me when you do the VC rounds so I can get in on the ground floor. This sounds like a winner.
What was it you said? Oh yeah - "ROFLMAO!", the language of an unemployed 19 year old living in his mom's basement.
>>Prove what? It's common sense.<<
ROFLMAO! Yes, it's "common sense." Go right on believing whatever you think is true, Sunshine. Obviously reality isn't going to poke a hole in your veil of naivet�. The VG industry is exactly what you think from your standpoint. Your immense level of experience provides you a perspective few if any could ever hope to achieve.
I'll say it again: Fanboys and ranters don't move the needle. In fact, even formal "professional" reviews rarely, if ever, do. A recent article in Gamasutra neatly summarized a sentiment that's been growing in the VG industry for over a decade:
With this, I'm done with you. You're obviously hell-bent on covering your ears and yelling "LA LA LA!" while I say something, so if you still cling to your sophomoric stance after reading that article, you're just as flat-out/straight-up stupid as I've long ago concluded you to be.
Knock yourself out.
Prove what? It's common sense. Otherwise why not spend $0 on marketing, since you can't prove that any statistically large amount of purchasers bought something because of that expensive TV ad they keep playing on Spike. Oh yeah, because that would be stupid. Btw when I Googled for "NBA Live" their fan site was the 2nd non-EA link on the first page. I bet they get a lot of traffic.
"Am I going too fast for you?"
I wish you'd speed up actually. Your record seems to be stuck at, "I'm smart because I'm me and you're wrong because I said so, and you're a [insert random attack to try and look big on an anon board]"... and skip, repeat. Come up with something new for a change and try not to be such a dick. Take out your anger at the world somewhere else. Go to the gym. Play NBA Live. Something.
>>The guys running that site have obviously done a great service for EA over the years, providing free marketing for the franchise and spreading positive word of mouth that probably resulted in additional sales for EA.<<
Really? Prove it.
>>Certainly they've done more for EA than Austin's ranting here<<
Really? Prove it.
>>but the instant they voice displeasure at an obviously weak product Austin labels them as unemployed 19 year olds living in basements.<<
No, that pretty much sums up both fanboys and ranters. Either way, their opinions don't move the needle.
>>Like flipping a light switch he shows the same contempt for these guys that EA shows their customers.<<
Once again, you display your categoric ignorance of how this industry really works: RANTERS.AND.FANBOYS.AREN'T.STATISTICALLY.SIGNIFICANT.CUSTOMERS.
Am I going too fast for you?
The guys running that site have obviously done a great service for EA over the years, providing free marketing for the franchise and spreading positive word of mouth that probably resulted in additional sales for EA. Certainly they've done more for EA than Austin's ranting here, but the instant they voice displeasure at an obviously weak product Austin labels them as unemployed 19 year olds living in basements. Like flipping a light switch he shows the same contempt for these guys that EA shows their customers. Never mind the irony that unemployed 19 year olds in basements are the perfect demographic for this game.
EA responded to some of their questions but also asked it not be shared online, and told them to remove some comments from the site:
those types won't evaporate because as value investors the higher the price the more attractive the short. Just like you didn't evaporate at 40.
will these types evaporate...
>>Posting a short and then mindlessly repeating the same nonsense daily doesn't qualify you for anything either.<<
I beg to differ. It qualifies one as a bona fide bearshitter who'll cling to any data point, empirical, anecdotal, or completely contrived in an effort to CYOA.
These types will evaporate in short order as soon as the stock tops 60 and keeps moving.