As the gap closes on this stock, that will act as a support level... watch for the bounce that could lead to a strong 7 day rally. http://stockcharts.com/h-sc/ui?s=ERTS&p=D&yr=0&mn=4&dy=0&id=p62699182040 cm69
OK GUYS! Like I said, the gap has been filed and now ERTS has bounced on 5x higher than its average volume closing up, +83 cents over yesterdays high. BUY BUY BUY!...or not, but I thought I'd let you all know. cm69
On second thought, the weekly charts dont look that great, but i'm willing to take a chance. ERTS should've done well over this nov-dec holiday shopping spree with new games for Wii and ps3.
If i were you i would watch out. This is a gaming company and a gaming company that i not like by a lot of gamers. PS3 only has 400K systems out and most of them are being sold on Ebay(29%). They will get more sales but i don't see bigger numbers until next year when there are more system out there. Look at TTWO, it's being on a rally! Could end up at 30, just like THQI! GME and GME/B are just not going to do this good next year because next year no system are launching, stay away from those too.
This company will be the next atari. Here is a link to the Xbox forums. Most hated, EA of course. http://forums.xbox.com/4/9225505/ShowPost.aspx#9225505 Over 100+ People voted and 95+% was EA, some are even refusing to buy anything with EA on it.