Varchild increases ATVI Stake to 688
November 02, 2009
– Comments (2) |
RELATED TICKERS: ATVI
, MTXX
Just increased my ATVI stake to 688 from 640....@ 10.46.
Have to believe that the FEAR MONGERING by analysts and the panic stricken sell off prior to earnings report is massively over-done.... what with the ATVI now underperforming S&P 500 dramatically and the RSI value incredibly critically low.
Of course my previous purchase of MTXX for the same reasons has only resulted in the share price finding new ways to dip further.
But.... My MTXX and ATVI thesis is that the SWOON will reverse itself in 2010 if not sooner.