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Electronic Arts Inc. (ERTS) Message Board

  • dales53 dales53 Nov 1, 2011 4:32 PM Flag

    Dear Europe: Thanks for the buying opportunity.

    Was invested in January 2012 30 Calls until late last week when I closed my position (time value was eating away too quickly). Thanks to today's market "action", I was able to buy another entire year's time for only 10 cents more than I sold the 2012 Options for; what a game.

    As most folks, I was disappointed that EA's management appeared to be sandbagging it's earnings announcement and projections with a view toward making a spectacular call in February, 2012. It would have been nice if they had at least been "realistic" instead of "overly cautious" in the projections for next quarter, but such is life. Anyway, I'm BACK...sooner that I intended, but can't look this "gift horse" in the mouth.

    Good luck to all and looking forward to some serious sales/income numbers for the new offerings that EA is coming out with just in time for this year's Christmas season.

    dales53

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