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Thoughts on ATVI (Activision blizzard)

Posted on 1/23/21 at 11:45 am
Posted by Powerman
Member since Jan 2004
162190 posts
Posted on 1/23/21 at 11:45 am
I wanted to get a small position on some gaming stocks and wondering if this might be a good one to jump into. They had a great run last year but my concern is that was very closely related to the pandemic.

Any thoughts on the momentum of this stock? I don't know if it's a long hold but maybe a 6 month play before things get back to normal?
Posted by jangalang
Member since Dec 2014
36236 posts
Posted on 1/23/21 at 11:54 am to
Cant help you. Never got into SKLZ because I’m unsure how “getting out there” will affect the demand. Roblox, too.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/23/21 at 12:02 pm to
They just released their latest flagship expansion. * months ago would have been the time to get in.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 1/23/21 at 12:30 pm to
As an avid gamer i hate activision
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
83388 posts
Posted on 1/23/21 at 12:40 pm to


BUY BUY BUY
Posted by Golgi Apparatus
Member since Sep 2009
2552 posts
Posted on 1/23/21 at 12:59 pm to
Yea if they truly remake Diablo 2 it’s a game changer. Not to mention Diablo 4, overwatch 2, and Diablo immortal in the pipeline.

Disclaimer: I played Diablo 2 religiously as a kid and hold a strong bias towards the franchise.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/23/21 at 1:01 pm to
LOL did you see their Warcraft 3 remake? Gigantic failure.

Also, the fact that they are doing a remake of Diablo 2 when Diablo 4 is in production is not a good look.
This post was edited on 1/23/21 at 1:04 pm
Posted by Powerman
Member since Jan 2004
162190 posts
Posted on 1/23/21 at 1:03 pm to
I don't do any of gaming. I'm just familiar with the company because of world of warcraft to be honest. I figured they probably have pretty good subscription revenue that should stay firm as long as there are a lot of people working from home
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/23/21 at 1:04 pm to
quote:

I don't do any of gaming. I'm just familiar with the company because of world of warcraft to be honest. I figured they probably have pretty good subscription revenue that should stay firm as long as there are a lot of people working from home


Well, they stopped reporting those numbers years ago.
Posted by Powerman
Member since Jan 2004
162190 posts
Posted on 1/23/21 at 1:12 pm to
What numbers? Subscription revenues?
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/23/21 at 1:33 pm to
quote:

What numbers? Subscription revenues?


yea they stopped announcing World of Warcraft subscription.

I think they just now give a total company revenue number.


LINK

But, they still make crazy money from micro transactions:

LINK

I crap on their games, but they make money.
Posted by hiltacular
NYC
Member since Jan 2011
19665 posts
Posted on 1/24/21 at 11:43 am to
quote:

As an avid gamer i hate activision


Same, they are running CoD into the ground. I don't believe their BS numbers either. No one is playing multiplayer.
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