Broke the 70 in convincing style. Going to go ahead and short some more at 73.50 to bring the avg to 69 and will have to wait it out. 30 more days before the qtr ends and I have not seen much in the way of product being shipped by ERTS for the qtr.
I see EA cancelled JANES simulation series of games it wont cost them much but is just a sign of the times.
I bought recently in low 50s & sold last Thurs. for a nice profit.I currently have no position & looking to load up & hold for months.I personally don't think we will see the 50s again...my guess is 62-64 as bottom..unless some bad economic numbers come out soon..market sentiment has changed to positive momentum. I don't have the nerve to short ERTS cuz' it does have the potential of hitting 80s soon with good economic numbers.ERTS is on alot of peoples' radar screens as Oct approaches...this will be easy money..i just hope i get another opportunity to buy & hold.
you got that right. The shorts are posting articles that are a week old. I keep telling these guys that the bad news has been rung out of this stock and they dig up old articles to refute it. I think I'll hold on an sell at $150 in January!
but only managed to bring my average price to 67. I'm a bit nervous that it broke through 74, however briefly, and will probably cover some of the shares when we get down to 67 on the off chance we bounce again.
I don't know why everyone is trying to convince us to go long here. Are they afraid it will go down? I would caution anyone to look at the chart for June of 94 if they think a continued move up is a lock.
Best of luck to all. And major congratulations to anyone who bought below 60 and held on for this move.
Im trying to convince you out of the goodness of my heart. dont compare 94 to me! This is six years later and the precursor to HUGE hype, and possibly the greatest time in the history of gaming. Dont you see the potential? Even if it doesnt pan out (which i believe it will), the hype alone will skyrocket all the gaming stocks.
I had 700 shares at 58 and i wish i had held them all through this, but i dumped my last 200 today for 74. Now the only thing eating me is that i want more erts shares. heres hoping we do drop so i can get some more.