Filed under: Microsoft (MSFT), Sony Corp ADR (SNE), Electronic Arts (ERTS), Activision Inc (ATVI), Technology, Nintendo (NTDOY)
Activision Blizzard (NASDAQ: ATVI), a software publisher which competes with Electronic Arts (NASDAQ: ERTS) and distributes games for consoles from Sony (NYSE: SNE), Microsoft (NASDAQ: MSFT), and Nintendo (OTC: NTDOY), is a stock I own in a long-term account. I’ve been thinking about selling at times, but for now, I’m holding on. The long-term prospects still look good for the most part.
But, I had been looking at various trading ideas and wanted to capture a shorter-term gain for a trading account. The market has been so tough this year. When the current rally in the indexes started, I didn’t want to become part of the group that was desperate to get in on the action, only to expose my portfolio to more risk than necessary. Believe me, when you’re afraid of missing a rally, you just might end up with some bad timing.
Continue reading My Activision Blizzard trade
My Activision Blizzard trade originally appeared on BloggingStocks on Thu, 02 Jul 2009 15:15:00 EST. Please see our terms for use of feeds.
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