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Varchild2008 (84.64)

Varchild increases ATVI Stake to 688

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November 02, 2009 – Comments (2) | RELATED TICKERS: ATVI , MTXX.DL

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.

2 Comments – Post Your Own

#1) On November 03, 2009 at 3:18 PM, jamespeer (25.00) wrote:

I managed to pick more up @ $10.35 today.  Analysts who don't fully understand the industry are clearly underestimating ATVI's strong holiday release schedule.  Pre orders for Modern Warfare2 in the UK alone are already in excess of 3million i.e. 3M x £45p/game =  £135M = approx. $219M in guaranteed revenue in Q4 from UK pre orders alone.  Grossly undervalued at this price...

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#2) On November 03, 2009 at 4:44 PM, Varchild2008 (84.64) wrote:

Yea.. Man oh Man.... 1 week away from Modern Warfare 2...

I pre-ordered the game's Prestige Edition.... Gotta love them Nightvision Goggles... I'll be blasting "Electric Six's" song "Night Vision" on their third album, on my way to Best Buy.... Electric Six is a Michigan Based Band that hit the top of the U.K. charts in 2005/2006 abouts with their 1st album.

Anyhow... Can't wait!!!  Call of Duty Modern Warfare 2!

P.S.  I just gave ATVI loads of money this quarter without considering my purchase of Modern Warfare 2...  Bought 6 months of World of Warcraft yesterday + Call of Duty Modern Warfare 1's  Variety Pack.

This weekend I will download Ultimate Alliance's Content most likely.

Anything I can to inflate those earnings reports :-)

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