Friday, October 23, 2009
We bought Activision shares because of this news article http://http://adage.com/article?article_id=137395. It talked about Activision's up and coming release Modern Warfare 2. They are predicting the November release of the game to be "the biggest entertainment launch of all time" bigger than any video game, any movie or other entertainment property. They are thinking that their stock are going to raise to $20.00. Today Oct/23/09 their stocks are being traded at $12.25 that's a $7.75 raise.
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When you are reviewing an article you do not need to list the url in the article just link a word in your review to the article. I can not get to the article you reviewed because the link does not work.
ReplyDeleteAlso be sure to give your blog entry a title. Why do you think the stocks are going to go to $20 a share when they are currently at 12.25? Had the stock previously been trading at that high of level?
I think that the release of Modern Warfare 2 will be big, but not as big as they think it is going to be. There are a couple of other games coming out around the same time as Modern Warfare 2. If they really wanted it to be the biggest release ever then they would have found a date that no other entertainment type things are coming out on. One of the games that comes out the same day as Modern Warfare 2 is Assassins Creed 2 and my own opinion is that Assassins Creed 2 will be bigger than Modern Warfare 2.
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