Give me reasons not to sell. I have owned ATVI for 4 years with hardly any gain.
I was a true believer in ATVI but in the last 4 years I have seen the stock stay between 9 and 12. They do pay a small dividend but it does not seem worth it. Yes they have no debt. Everyone seems to think ATVI has potential but even though they create best selling games their stock will not move. What is going to change this year? ATVI will likely bump their dividend in a month but I doubt it will be more than a 20% increase.
I have no reasons to convince you not to sell this stock. They make tons of money, have no debt, but since the merger, they have not returned anything to the investor, and the stock just sits in the same range. I've held it for years and have battled with that decision. But it's always something is coming down the pipe, it will go up next quarter, etc., etc., etc. It has not or do I think it will ever be a good investment. I'm on the same path as you and trying to figure out a good time to move on with this stock.
I understand the frustration, management in my opinion has done everything right, bought back stock, dividend, warchest of cash, no debt yet we sit flat, I would suppose one day Vivendi would like a ROI just my 2 cents this has to move eventually with good earnings, sometimes I wonder about manipulation then I think Naw doesn't exist