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  • xdeftechx xdeftechx Nov 29, 2010 4:42 PM Flag

    Why ATVI is going nowhere for a long time

    doesnt matter how much they make. theyve been making money hand over fist for a long time, and has it helped the stock price...no

    the outstanding shares are too many

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    • Its all relevent! Decreasing Shares outstanding will automatically increase price, yes. Does it do anything from a price standpoint? NO! ATVI could come out today gobble up all the shares they want and I guarantee you that the PE of the shares will remain the same! Price will move up to reflect less outstanding. All you are doing is taking a 12 stock making it physically worth more you are not adding any value at all.

 
ATVI
39.63+1.61(+4.23%)Jun 30 4:00 PMEDT