I would like to personally thank TakeTwo and Electronic Arts

[Ail]

Train wreck said:

Ail said:

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$.

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...

My biggest idea for 2012 is Sprint, at $2.21 it screams buy me but Ive been burned so bad on this stock (although Ive been increasing shares as they drop) but I think once they build out their lte network and move away from wiMAX someone will come and get them.

Sony value proposition is looking up more and more, even with a horrible earnings report its still above its November low and has bounced off that low three times since 2009.  Its in a tight range of between 16 and 18 1/2 so the closer it gets to 16, that would be the opportutune time to get in.  I am personally going to wait one quarter, if their next earnings reports shows any signs of stablization then ill jump in.

I took up on your idea today after Sprint stock was down after reporting a loss due to Iphone sales ;)

I'm in at 2.379 for a 1000 shares so far.