There's a lot going on with ATVI stock with the earnings release, Call of Duty hitting the shelves and the King Digital purchase. I came across this article that talking about eSports. http://moneymorning.com/2015/11/03/why-the-activision-stock-price-still-has-room-to-run-nasdaq-atvi/ Essentially it looks like a nice way for earning ad revenue, but do you guys think eSports are just a fad or has that industry not even hit its full potential yet? Especially interested in hearing the viewpoint from anyone who participates in eSports in some way.
My school manages a portfolio for an organization around here as a class. ATVI is one of our largest tech holdings and also one of our best performing. We evaluated it a few weeks ago and the consensus between the class and professor was to hold it. If it continues up, we will have to sell a bit because it will be overweight for the portfolio. Anyways, the professor said in class "The economy is good, people play video games, the economy is bad, people play video games. Regardless, they play"
2 months ago the chat on this stock was small now a lot of conversations going on. ATVI releasing Call of Duty Black Ops this Friday, expected big sales