Bought More ATVI Calls
It looks like the report was good. I bought more ATVI Dec 25s right before the close for a higher price, .90, than my first buy at .85. I knew they would beat, but I don’t know how the market is going to react when the tape is this shitty. We’ll see what happens when afterhours opens up.
Robert Kotick, Chairman and CEO of Activision, stated, “Our second quarter net revenues were the highest in our company’s history and we ended the quarter with $962 million in cash and short-term investments. We significantly strengthened our development capabilities through our acquisition of Bizarre Creations, a proven top-tier developer of racing games which will facilitate our entry into this important segment.”
The last trade I was in where the CEO said it was their best quarter in history was MSFT. That stock was up 11% the next day. ATVI is trading down a little bit before the conference call.
Related Posts
Recent Posts
-
Trading Movies 16 Jan 2012
-
80% Chance Of Showers and Down Move 12 Jan 2012
-
Finding A Technical Co Founder, It Ain’t Easy 10 Jan 2012
-
Two Positions and Waiting 05 Jan 2012
-
My 2011 Year End Review Infograph 25 Dec 2011