Kurt Kobain *SPARKS* Social Angst.....Again....
August 31, 2009
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RELATED TICKERS: ATVI
In a recent www.gamespot.com Gamespot article concerning the inclusion of Kurt Kobain's "likeness" in Guitar Hero 5, a flood of video gamers screaming in anguish over the tackiness and lack of taste to include Kurt this was is spreading. They don't like the oversized mouth Kurt is getting and they don't believe Kurt would approve to being a video game character if he were alive today.
This just smells like "Teen Spirit" to me.... And it may smell like a lack of sales for Activision's highly anticipated Guitar Hero 5. Shares of ATVI fell today even inspite of Barron boasting and bragging on the stock BECAUSE OF Guitar Hero 5.
*Oops* I guess Barron's doesn't do any video game research before pushing their Rag out to be read by Wall Street Investors.
Anyone that is long on ATVI should most definitely be in tune to the forums that show a good array of opinions coming from Video Gamers that are deciding whether or not to fork over another $60.00 for another Music Game in Guitar Hero 5.
The opinions reflect that of a mini boycott. Thankfully, I don't see anything in them to suggest that ATVI in general is being boycotted. Rather I think Video Gamers MIGHT switch from Guitar Hero 5 to Rock Band or they MIGHT leave the Music Genre altogether.
The Investor Community wants to know if there is any life left in the Music Genre.....
There may not be... for Guitar Hero 5....
But...As an investor.... I am not worried about the ANXST of Kurt Kobain / Nirvana Fans disapproving of the inclusion of his likeness.
Because, ultimately... They will still COME...AS...They Are....AS...They Were....As Investors Want them to Be.... For Call of Duty and DJ HERO.
A Poor Showing from Guitar Hero 5 does not spell *DOOM* on ATVI earnings for the year.
It's just a set-back....In an otherwise solid video game publisher.
THIS TOO SHALL PASS :-)