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Electronic Arts Inc. (ERTS) Message Board

  • ccsharks ccsharks Jul 27, 2012 3:45 PM Flag

    What a steal at $11

    Like Peter Lynch's said talk to and observe what consumers are buying and they will tell you what is in demand. Earlier this year my 22 year old daughter went to a friends kids birthday party and told me about 3 Leapfrog educational toys given to the kid. The next day after due diligence I bought 2K shares of LF at $6, today it is trading for $11.50.
    So yesterday I was visiting my 25 year old son and he said he and and a lot of his high school and college buddies can't wait for the Madden Pro Football game's release (8/28/12) and he said with competitor Y2K out of business Madden will be even more in demand than normal and EA's NCAA College Football is also hot. I confirmed this with a 24 year old manager of a Gamestop, who is a family friend, he said there are more calls and requests for these 2 games than the previous years he has worked there at Gamestop. So I dove in yesterday and bought 2K shares at $11 because after DD I see a big upside from now until October just watch or better yet dive in and profit.

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    • I have to agree it is a steal at $11.

      I did not do the in-store due dili that you did. But, with $5sh cash per share, and increasing digital component of revenue mix, the odds are pretty much stacked in our favor at this moment.

      I have researched and researched hard - read up on the publishers, the platform distributors, and the store retailers (gme, bby).

      The retailers are toast (almost, how long can u support EPS through stock buybacks). The big question now is: where is the power center -> the publishers or the platform distributors?

      I am inclined to bet that publishers have the edge, but open to thoughts... (in case of AMZN and AAPL, publishers were...u know what)...

      Do we have an AMZN / AAPL equivalent for the gaming? Yes yes, i know itunes and google play sell games...but more than just mobile...

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