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Official Let's Make Some Money Off Stocks Thread

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Old 11-23-2008, 11:32 AM
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Originally Posted by sahtt,Nov 21 2008, 06:13 PM
I must be crazy and stupid but I did some buying this morning and yesterday. I look smart now but not very confident. Couldn't resist FCX at 18, atvi under 9.75, and BP under 40. I'll put my VNO/IYR short back on for the open on monday. If we get over 8750 I will start getting heavy on ultra short ETF's. I do not expect a true recovery for a long, long time; but I want dividend payments in the mean time.
Do you think that SC2 and Diablo3 will make a big impact for Blizzard's sales revenue? I know they have their parent company but i forgot their name at the moment.
Old 11-23-2008, 03:54 PM
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FOR SURE.

Those games are going to be blockbuster as usual.
Old 11-23-2008, 06:08 PM
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Originally Posted by _Dc,Nov 23 2008, 12:32 PM
Do you think that SC2 and Diablo3 will make a big impact for Blizzard's sales revenue? I know they have their parent company but i forgot their name at the moment.
Activision/Blizzard is a serious combination. They have no debt and had a great last quarter. The video game industry will continue to out perform expectations. Blizzard has done something few others have-make a great game and suck every cent out of it you can. They are planning to sell SC2 in 3 parts to maximize revenue. These guys are creating steady cash flow out of video games, it has never been done before like this. Recessions will not slow this trend comparatively and the utility per dollar spent is extremely high when you play a game for 10-50 hours a week (!!).

I've got more ATVI than AAPL now after buying it @ 9.75 again. I have no problem holding this for years. Without dividend support, even with a couple dollars cash per share, the stock can go lower, so beware.
Old 11-23-2008, 11:01 PM
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bah hum bug. no ATVI in the TSX.
Old 11-24-2008, 08:03 AM
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Sell this rally. Do it soon. Once Obama has his press conference the market will go up and then tank.

If you have the ability, sell the S&P e-mini futures, buy e-mini puts or sell e-mini calls.
Old 11-24-2008, 08:05 AM
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time to buy back on EEV and SKF?
Old 11-24-2008, 08:06 AM
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Yes. I recommend the e-mini index futures if you have the capital.
Old 11-24-2008, 09:02 AM
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thats exactly what i didnt this morning on EEV and looking at picking up some more DUG at its nice prices.
Old 11-24-2008, 09:35 AM
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Yawwwn.... today has been boring.

This rally isn't sustainable and really isn't worth trading because of the high risk associated with such a large upward move.
Old 11-24-2008, 11:37 AM
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EEV and DUG have been trading like garbage compared to other hedges. I am buying FXP if it closes on lows.


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