I would like to personally thank TakeTwo and Electronic Arts

[Ail]

Train wreck said:

Ail said:

With the results their stock have delivered lately they are going to found my game purchases for the next 2 years ;)

 

TTWO up 22% since I purchase stocks

EA up 7.8% today !

 

Congrats on your selections, I personally believe that EA is a trap stock, their costs seem way out of line to me (+700 in new employees YOY mostly due to the popcaps acquistion) and their SWTOR sub number seem suspect also but the gain today is nice.

Take two is a awesome stock to make money, you can cycle your buy and sells around game annoucements cycles lol.

I recently took off my Nokia short as the company seems to have fallen as much as possible, rode it down from 40 to 4.50,  Should have picked up shorting both Nintendo and Sony, the strong yen  and mania most certainly spelled doom for both.

Ea isn't a long term pick in my view, I will sell once it gets around 20-21.00$.( edit , thinking more like 22.00 actually, looking at the last year chart)

But when the stock dropped so much around mid January with analyst lowering their prediction on SWTOR I took a position and I am glad I did.

I've had my TTWO position for now 1 year and I added to it last August( The August lot is actually up 32%). I'm probably going to get out of TTWO when the stock gets around 17.00$ ( which it should once we get an official release date for GTA5).

My others positions are all long terms ( AAPL, GOOG, NVDA) and all up between 9 to 15%...

The only sad thing is that the EA and the TTWO were the smallest positions...

I actually need to find some new stuff to get in as I exercised the last of my stock-options at work and I have some cash coming in next week..

I have been following Sony for a while and I think it is close to hitting bottom soon and I might actually move in, just not sure at which price...

The only issue with Sony stock is like NVDA it is a very volatile stock and can experience huge upwards and downwards swings in short periods of time..