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Activision Blizzard, Inc. Message Board

  • seenev seenev Aug 9, 2013 8:59 PM Flag

    same story

    Same story with different stocks. Remember last year when everyone was saying AAPL was going to $1000 then gradually dropped below $400 from $700?

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    • if they bough 8.9 billion in a share buyback the price should have went to 17.70 on that news. This is cheap right now and the upgrades and price target show it.

      • 1 Reply to redzombie85
      • Lots of desperate shorts posting to justify a bad position, but I don't think anyone has a weak enough mind to listen.

        With Bungie's Destiny nearing release along with a slate of other titles for the next console generation, it's a no-brainer to invest in the powerhouse supplier of quality games. I agree, ATVI is cheap now and will be worth quite a bit more in the upcoming months.

        The argument that Kotick and Kelly are going to start dumping shares doesn't hold water. Why would they invest their own money and slap all the investors who just bailed ATVI out from Vivendi's grip? They may sell some shares, but I doubt we'll see major dumping anytime soon.

        Comparing AAPL to ATVI is also ludicrous. After Steve Jobs passed, AAPL lost its hero and will never be the same. Apple is nose diving to the same level as when Sculley, Spindler and Amelio nearly destroyed it years ago. Expect to see a string of new CEOs at AAPL to try and "fix" the problem. Anyway, there is absolutely no connection to ATVI in this story whatsoever and shows just what kind of credibility some people will stoop to to make their point, no matter how flawed the logic.

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