ERTS buys TTWO for 26 bucks

Discussion in 'Stocks' started by Warrior4g, Feb 24, 2008.

  1. just reead about it. ATVI and THQI should be up.
  2. TTWO up 10% from wednesday to fridays close.

    Blatant insider trading.

    SEC is pathetic.
  3. colewave


    purchase was rejected by TTWO
  4. i expect a bidding war to start. i am long from $14 and was expecting ttwo to be bought out in 2008.

    the industry is consolidating and ttwo is one of the few players out there with a solid stable of titles (namely GTA).

    i expect ERTS to raise their bid and ATVI, or maybe even MSFT to jump into the process.

    this stock is going to get another pop in april once the next GTA game comes out.

    i personally would not get long at this price and i am looking to cash out in april.