Y'all checking for ATVI stock?

El_Mero_Mero

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ATVI is pretty low (mid 30s), but y'all think that it has a chance to go back to where it was in Dec. 2018 (low 80s)?

I mean, eSports are still the future, right?
 

ahomeplateslugger

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won't happen anytime soon. they don't have any plans to release a major game in 2019. with that said, i mentioned it in another thread that i'm eyeing them right now too. i think there's room for growth with mobile and expanding to the asia market. All it'll take is a major announcement or game from them and they'll be good. i'm gonna wait it out a little. there are other companies i wanna buy before ATVI plus i think it's gonna drop more but i like it.
 

El_Mero_Mero

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Appreciate the reply. I also figured that they probably wouldn't shoot back up anytime soon, but I think that this might be a good time to enter. If not, how low do you think that the price can get?
 

ahomeplateslugger

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Appreciate the reply. I also figured that they probably wouldn't shoot back up anytime soon, but I think that this might be a good time to enter. If not, how low do you think that the price can get?

hard to guess and beat the market but i feel like it'll drop below $40 eventually. this year has been brutal for them and they're restructuring their company to focus on mobile development. they also partnered with a chinese company called tencent to help develop their games since china requires games published outside of china be developed by a domestic company.

gonna be rocky for them until they get mobile and their next IP launched but it won't be this year. i'm hoping it drops to around 33-35.
 

El_Mero_Mero

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This joint never went back down, but that's the nature of the game. Hopefully it does and I have "buying power" at that time.
 
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