This big down move in erts stock price makes commissions for these idiot brokerage analysts who many times change their recommendations in order to make money for their firms. ERTS makes the greatest sports software of all and has done so for many years. Acclaim, etc. is second rate compared to erts, thats why erts trades at 40 instead of 6. These brokerage creeps are middlemen parasites that ought to be shot. I don't give a damn about Madden 99 sound. NHL 98, etc., etc. can't be beat period.
that erts makes a quality product, second to none. The manipulation of a stocks price is in the hands of a select few and only the man above knows why it is done. But this does happen all the time. This is the time of year for erts to make its move. It will happen.
You are correct about the profit taking. I have been playing erts sports games for the past ten years. They are the best , and have the most realism. It doean't matter what platform you play erts games on , they are number 1. The NFL, NHL and NBA know it. Their players play erts games almost exclusively.
Looking at the previous years' chart, ERTS always makes its move in October. With tons of new games coming out the next few weeks, plus the well-expected earning report. ERTS can reach 50 range easily again. With more interest rate cut talk on coming Tuesday, ERTS should able to follow the market and go back
up to mid 40 the next few days. About the last two days' sell out, I read from another message board that some insiders have sold quite a lot of shares when it went up high at the middle of this week. Profit-taking is obvious in this case.
So the stock gets back to 50 on Wednesday, and some genius over at BT/AB decides to adjust his recommendation from "strong buy" to "buy" - oooooh. Well, now we're down to 40, do you think he's going to rate us a strong buy again on Monday? This is comical.