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Electronic Arts Inc. (ERTS) Message Board

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  • monkabc3 monkabc3 Nov 28, 2012 5:36 PM Flag

    Good time to short?

    I'm long. Good company, got WAY WAY WAY oversold because of one "failed" over-hyped launch, ME3 ridiculousness and the big one, Zynga IPO its social gaming hype. EA has been rising since it's 20 year low that was reached back in July. It is going to have a very mediocre quarter with no big launches but when it tells us that in January, it is going to be forecasting 3 big launches which will make the upcoming quarter look good which is all anyone cares about, not the past but the future. Going farther out, you have Sony and MSFT showing off their new consoles at E3. The video game sector will light up once again. Tabs are so cheap now that everyone and their dog is going to have one this Christmas, EA is nicely positioned to leverage that.

 
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