Well not much seems to be holding up in this market but I wouldn't describe Activision as crumbling. Right now ATVI is at about the same price as it was on Oct 19th when I last posted about it and my opinion has not changed since then. I believe ATVI is still good. I also still think that if you have the opportunity I would use this market weakness to pick up ATVI in the low 20's.
Ultimately I have faith that despite all this worry about bad loans and dollar weakness, that Santa will deliver and Timmy will get his delightfully lead free copy of Guitar Hero or Call of Duty.
However I have to emphasize again that I do not own ATVI and I still prefer Nintendo. I have a long position in NTDOY my video game stock of choice.
4
Well not much seems to be holding up in this market but I wouldn't describe Activision as crumbling. Right now ATVI is at about the same price as it was on Oct 19th when I last posted about it and my opinion has not changed since then. I believe ATVI is still good. I also still think that if you have the opportunity I would use this market weakness to pick up ATVI in the low 20's.
Ultimately I have faith that despite all this worry about bad loans and dollar weakness, that Santa will deliver and Timmy will get his delightfully lead free copy of Guitar Hero or Call of Duty.
However I have to emphasize again that I do not own ATVI and I still prefer Nintendo. I have a long position in NTDOY my video game stock of choice.