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.
I have no idea what you talking about. I'm a investor and i owned EA when shares were 14$ because i knew earnings will be good with good prospect for future. I sold everything for 22.35. This company have NO plus numbers forewer and Battlefield 3 even when they sold 5 milion copies is stagnant as for now. This game is good but for me and many other is just "good" and that is the problem. You can check allways how gaming companies are doing on english weekly sales chart or gamespot buyer rating numbers. That is how you figure out Battlefield is just OK. At second this hope for online sales like facebook games is completely false. Facebook have problems to keep people on like everything big at beggining. Now it stagnayes ans EA is not profiting as expected from titles like FOFA manager, NBA, MLB. I would sell as fast as you can but i'm not a god so i can be wrong. Cheers!