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  1. #1

    Activision Blizzard CEO & Chairman sell nearly half their shares

    http://www.bloomberg.com/news/articl...es-for-estates

    It resulted in over a 5% drop today and probably won't end there. It would appear that these two are losing faith in the company.

  2. #2
    Deleted
    Well, great news!

    Maybe that will tell Blizzard that they should actually LISTEN to feedback.

  3. #3
    Do we start crying doom yet?
    Sylvanas Windrunner For Warchief 2016!!
    #NoFlyNoSub, #NoFlyNoLegion, #NoFlyNoBuy, #BringBackFlight

  4. #4
    Deleted
    so they sell their shares, they earned them, they have a right to do with them what they want.

  5. #5
    Quote Originally Posted by tripl3x View Post
    http://www.bloomberg.com/news/articl...es-for-estates

    It resulted in over a 5% drop today and probably won't end there. It would appear that these two are losing faith in the company.
    Nice click bait, Bobby kotick sold a bunch of shares. He's CEO of activision-blizzard, we know blizzard functions fairly autonomous ly

  6. #6
    Deleted
    Blizzard customer support is THE WORST in the industry.

  7. #7
    *Activision-Blizzard CEO. But yeah we don't know what they are doing, maybe thinking it's time to retire, or need capital to buy something else. So everything is pure speculation.

    Activision-Blizzard had a pretty stellar financial year, so them doing bad is probably not the reason.

  8. #8
    It's called "diversification". People who get rich off a single company's stock do it.

  9. #9
    Deleted
    Quote Originally Posted by mrgreenthump View Post
    *Activision-Blizzard CEO. But yeah we don't know what they are doing, maybe thinking it's time to retire, or need capital to buy something else. So everything is pure speculation.

    Activision-Blizzard had a pretty stellar financial year, so them doing bad is probably not the reason.
    That is why they relase subscription counts...............
    ...................waiiiiiiiiiit...

  10. #10
    Old God -aiko-'s Avatar
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    Quote Originally Posted by Blastfizzle View Post
    Well, great news!

    Maybe that will tell Blizzard that they should actually LISTEN to feedback.
    This has very little to nothing to do with Blizzard.

  11. #11
    Deleted
    Quote Originally Posted by -aiko- View Post
    This has very little to nothing to do with Blizzard.
    Blizzard NOT LISTENING to feedback FROM THEIR OWN CUSTOMERS has little to nothing to do with Blizzard?

    What will you try to say next, that blueberry taste has nothing to do with blueberries?

  12. #12
    Quote Originally Posted by Blastfizzle View Post
    Blizzard customer support is THE WORST in the industry.
    Good luck with the rest of your chemotherapy, hope the brain tumor reacts to it soon.

    Infracted
    Last edited by Darsithis; 2016-08-18 at 01:42 AM.

  13. #13
    Old God -aiko-'s Avatar
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    Quote Originally Posted by Blastfizzle View Post
    Blizzard NOT LISTENING to feedback FROM THEIR OWN CUSTOMERS has little to nothing to do with Blizzard?
    Uh....what?

    What I was saying is that this news has nothing to do Blizzard and your post about customer feedback.

  14. #14
    You mean Activision Blizzard CEO and chairman, right?
    Seeing as Blizzard is doing really, really well, it's a good guess that they are not selling because they are "loosing faith".

    - - - Updated - - -

    Quote Originally Posted by Blastfizzle View Post
    Blizzard NOT LISTENING to feedback FROM THEIR OWN CUSTOMERS has little to nothing to do with Blizzard?

    What will you try to say next, that blueberry taste has nothing to do with blueberries?
    They aren't? I'd say they are one of the best in the business when it comes to listening to customer feedback. They might not listen to you but you're just one person.

  15. #15
    Deleted
    Quote Originally Posted by -aiko- View Post
    Uh....what?

    What I was saying is that this news has nothing to do Blizzard and your post about customer feedback.
    I post about Blizzard. Take the hint.

  16. #16
    Deleted
    Quote Originally Posted by Blastfizzle View Post
    That is why they relase subscription counts...............
    ...................waiiiiiiiiiit...
    They are still making more money than ever before lol

    As they have said previously, subs are down but profits are up. Not to mention that their other games are making a lot now

  17. #17
    This news is as interesting as "guy has money on bank account, spends some of it".

  18. #18
    Herald of the Titans
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    Has nothing to do with company outlook, it's just a hedge fund essentially run by the execs (which is incredibly unusual, and went to court but was settled) cashing out. They announced they were in May. And their $100M is up to $1.2B in 2 1/2 years, it shouldn't be surprising that they would cash out there. It's not anything to do with them and their future outlook on the company.

    http://business.financialpost.com/in..._lsa=632e-e0bc

  19. #19
    This is actually pretty bad news. They dumped a bunch of shares two weeks before WoW expansion release; this indicates to me that they think the expansion will not be as popular as predicted.

    No one would dump shares before a cash cow product release unless they thought that product was going to do poorly.

  20. #20
    Quote Originally Posted by Celista View Post
    This is actually pretty bad news. They dumped a bunch of shares two weeks before WoW expansion release; this indicates to me that they think the expansion will not be as popular as predicted.

    No one would dump shares before a cash cow product release unless they thought that product was going to do poorly.
    Markets doesn't follow products release dates, it does follow product announcements and sell figures, which for wow have happened a while ago..
    so ATVI wouldn't have major shifts when the product "releases", and your assumptions are false.

    Edit: Done some more research, the stock is at a 5yr high, so it's the perfect time to sale.
    Last edited by Nir; 2016-08-16 at 09:34 PM.

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