My thought is that even if WOW had jumped back to 12M, that would not even enter the minds of analysts. Yes, beating the revenue number is important, but one title going up or down 1M in subscribers isn´t that important. For a tech stock, you want the CEO to be talking about the next thing that is going to be curing cancer (ie sky), and it was that story that caused the 11% jump today. Investors want to see WOW and COD holding steady, but more importantly, they want to hear the sales pitch for the future.
I have 200 shares for about 3 years. I´m not going to sell because I don´t need the money and I like following the stock. But realistically, the stock is not going to jump much past $14 per share any time soon. Anything new on the horizon is going to be offset by fading out of stuff that ran out of legs... like GH did a couple years ago. My real hope for the stock is that Titan ends up being a COD MMO that basically gets all those COD people to start paying $15 per month... if they pull that off, and COD-Titan can get even 3M players, that is a game-changer for the stock.
If you are interested in buying ATVI, I would put in a market order at like $12.50 or 12.25 No reason to buy it today at this price. It may jump again on Monday as people have time to read more details over the weekend, but my guess is by next friday it is back down around $12.25.
You seriously think that WoW reporting a 400+ K sub LOSS is what bumped up those?
But really, why can´t we for once factor in other MMOs and how amazing it is that a game that charges $15 per month can maintain subscribers above 9M subscribers when F2P games like SWTOR, AOC , TSW and basically everything else can´t even maintain their player counts WITHOUT a subscription.
Lets just be pessimistic and say WOW loses 1M subscribers per year (expansion over expansion), we will STILL be talking about WOW as by far the largest MMO in 7 or 8 years.
This isn't about WoW, or Titan.
This is about a company that holds the #1 and #3 top selling games worldwide in addition to some of the most lucrative franchises in the industry right now.
Unsubscribed as of 03/10/2014.
If you dislike where WoW is headed in your mind, quit. Really. Sitting around complaining about "promises" that may or may not have been made isn't doing anything to help your cause. It's just making you look more and more like the constantly complaining and perpetually offended.
If this was true, they would've had massive stock boosts shortly after SW:ToR announced Free-to-play. They didn't...
What makes this 400k loss so special and unique to jump up that high?
Seriously dude, it's Skylanders... don't underestimate the power of the hundreds of millions of kids that are "not" of the comparatively piddely 9.6 million that are WoW. 9.6 is awesome compared to all MMORPGs - but not awesome compared to bigger fish like Skylanders. Chances are your Grandmother has heard of Skylanders by this point, and not World of Warcraft.
Non of that matters at all to investors. What does matter is that profits are up and the next year looks to be very promising for the stock.
Last edited by Gsara; 2013-02-09 at 01:01 AM.
Last edited by Pann; 2013-02-09 at 01:08 AM.
I find it hilarious that you people are so identified with the company you actually care when it's stock price increases. I doubt the majority of you applauding this actually own shares in the company, so I'm left to ask are you so far up Blizzards asshole that the stock price rising gives you a boner? You'll forgive the crude reference but it honestly feels like some of you are in love ACTUALLY IN LOVE and gay for Blizzard.
Infracted: Please don't insult users with which you disagree - Eschaton.
Last edited by MoanaLisa; 2013-02-09 at 01:43 AM.