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Edited by Progo:
5/10/2014 1:45:04 PM
27
Should I invest in Activision Blizzard Inc?
So, I've come into a bit of money, to the point at which I'm comfortable with opening an account on a trading website. The investment in-question is ATVI, Activision Blizzard Inc.
Should I do it?
EDIT: for those on mobile, the link says it's at $21 per share, and has been climbing steadily for the last year. I am talking about putting somewhere around $300-500 into it.
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Edited by Dark Elation: 5/10/2014 2:50:21 PMThere are some short term nano-tech gains that can be made. It's finding the right one, with a strong opportunity for growth that is key. Nano-tech paint companies come to mind. Did you read about the self washing car Nissan developed? This is a product that could be the standard in 3-5 years. There are others out there. Batteries for electric vehicles that charge in 30 minutes. Improved medical sensors. Gaming companies usually don't have great returns. The margins are slim because operating costs are pretty high. If the permanent R&D tax break is passed in the Senate and Obama doesn't veto it, like he said he would, then I would consider video game companies. Until then, I would hold off. EDIT: if you do get in, wait until after E3. It's too volatile around this time of year. Last GameStop lost 50% of its value after the MS conference then shot back up and increased it's value after the Sony conference. Quarterly earnings reports are a great time to get in, especially during the quarter in which the heavy hitters release. You just need to get back out right after the ceiling is reached because they correct rather quickly. Sorry for the novel lol
