--- Want any of my Constitutional rights?, ΜΟΛΩΝ ΛΑΒΕ
I come from a time and a place where I judge people by the content of their character; I don't give a damn if you are tall or short; gay or straight; Jew or Gentile; White, Black, Brown or Green; Conservative or Liberal. -- Note to mods: if you are going to infract me have the decency to post the reason, and expect to hold everyone else to the same standard.
Because black friday.
And because Christmas gifts.
That's all and every reason.
I think in OP's haste to create a thread title they left out a key word: ends. they're probably meaning before the quarter ends. Honestly, I never understand why people are complaining about Blizzard and how they have to appease the shareholders/investors. do they honestly not know how businesses work?
i never said blizzard are perfect saints. they wrecked my wonderful class (hunter) and refuse to fix it. hunter didn't even get any changes in the alpha! blizzard management have been absolute morons. the thing i was calling idiotic in my response was the completely delusional idea that only the current stock matters and not the up and downwards trends that a stock takes.
for instance, if the op that had bought stock bought around the $40 mark, then anytime in the past 3 years would've been profit regardless of when they sold. If they had bought around the $60 mark, then any time between the start of 2018 and september-ish of 2018 would've been a good time to sell. otherwise they would've lost big on their investment and either had to take a loss or wait for the stock to rebound before selling. do you see what i mean?
defending stock trading decisions does not equate to defending blizzard.
"He could have done something else entirely, so what he did was not stupid!"
That's not how that works, but I guess you made an okay attempt at a Strawman. He sold entirely and said he was done with ATVI and prices tanked so he was glad he got out. I called that a stupid thing to do and pointed out that ATVI is close to its all time high. Selling at a high and rebuying has fuck all to do with anything, because it's not what he did, nor is it what I called stupid.
That graph doesn't end at Oct 30, 2020, buddy. There is nothing, nothing to indicate Activision Blizzard is suddenly going to go out of business or stop their continual output of profitable products.he sold his shares years ago, implying at least 2. looking at the graph you provided, it's likely he missed out on some growth, but otherwise sold at the right time.
edit:
here is an edited image that shows where the stock currently sits and a black line showing the cut off for profits and losses over the time period. maybe you'll see what i mean if i make it obvious for you.
This is what that chart is going to look like in 5 years, global economic events aside:
Because that is what every stock for a solid, product-based company that isn't going anywhere anytime soon does. They creep up, spike, drop to a midpoint in that net increase, then increase again to a new height. Selling because there was a drop was a stupid thing to do, because ATVI is only going to go up long term, because despite your weird personal baggage or dislike for them, Activision Blizzard is an extremely profitable company that consistently puts out products people buy.
considering the future HASN'T HAPPENED YET, no, the graph DOES end at oct, 2020. besides, did you even think about what you typed? "this is what that chart is going to look like in 5 years, global economic events aside"? you do realize no company exists in a bubble, right? events are part of predicting when to sell. if stocks would grow perpetually, why would ANYONE sell stock EVER? you want to take a hammer to stock trading logic but that isn't how that works. there is finesse and skill to being a good stock trader. that's why people hire and consult with stock traders for advice.
also, even if we went with your asinine idea of a company never being impacted by any event ever, nothing can grow infinitely. eventually a cap has to be hit. it gets took big for meaningful growth. what you want is fantasy. just because blizzard makes fantasy games doesn't mean their stock follows fantasy rules.
you need to get that through your thick skull.
I mean, kinda dumb when you pulled out with no knowledge of COVID, and could have sold right now at 75. Of course there are other things to invest in, that is literally always the case in every investment. That doesn't change that you saw a small downturn, misjudged what was happening and prematurely sold a stock that is more valuable now than when you sold, and only going to increase in value over the coming years.
Oh, I see. You don't actually understand what investment is.
Content releases at any time in the year
Mmo-champion forums: "OMG it's rushed they're doing it for the investors!"
Or it could be that it's now the right time to release it.
Being pedantic: It's not before Q4. It's in the middle of it.
Given your previous thread about how long BFA has been "dragging on" one would imagine that you would have no quarrel with it releasing now. Besides this is a false framing and entirely hypocritical given that. It doesn't matter very much exactly when a WoW expansion is released. Over the longer run of six months or so, it will generate roughly the same number of sales. This may be the exception--I only say 'may' due to preorders--but in fact it's out in time for Christmas. That will generate more before the end of the quarter but from a player's standpoint it's difficult to imagine that it's going to impact sales over the first two quarters it's out. But for a game that's now at 9.0, you're either in or out at this point.
Your previous thread in case you've forgotten: https://www.mmo-champion.com/threads...history-of-WoW
Hypocritical as I said. Never mind you're saying that an expansion that was delayed a month is being rushed out.
Lastly: They don't give two shits about Cyberpunk's release date given what I've said above. People will buy it or not eventually. Many already have.
Last edited by MoanaLisa; 2020-10-31 at 06:20 AM.
"...money's most powerful ability is to allow bad people to continue doing bad things at the expense of those who don't have it."
Yeah I can't see that ever happening. 1) Because I think people are too lazy for a war. Back in the day, the Civil War and American Revolution days, young people didn't have shit else to do but work and horseplay compared to todays youth that can make money online posting 15s clips of them doing something dumb. There are of course people that would fight but between low numbers and point #2 I just can't see any organized force being made from todays society. 2) whatever side the military is on wins
My Collection
- Bring back my damn zoom distance/MoP Portals - I read OP minimum, 1st page maximum-make wow alt friendly again -Please post constructively(topkek) -Kill myself