Anybody here trading gaming stocks?
I've learned to do so in the past years day-trading Activision-Blizzard, EA, Sony and Nintendo.
The things I began to learn are astonishing, I can as well tell like many others that Nintendo will be nowhere to be seen in the years to come, despite what many would love to see.
I've loaded up on CDProjekt when they suffered a dip last year, what would you say is a good public gaming brand to trade or shows some promise?
>Nintendo will be nowhere to be seen in the years to come
Nintendo has so much money in their vaults that they could make literally nothing for a decade and still be fine.
Invest in Capcom, Monster Hunter is raising their stock.
>Nintendo has so much money in their vaults that they could make literally nothing for a decade and still be fine.
The switch is already costing them a lot, shareholders are selling everytime more because they can't reassure them in terms of online play which is all they care about.
No Splatoon 2 is not saving them either, they would rather go buy funds that include Epic games shares, which skyrocket in the past months thanks to fortnite alone, imagine what it Epic will be worth EOY.
I would love to, but I haven't found ways to buy shares from TSE market.
How will Blizzard share fare after BFA release?
I heard that sold quite well but i'm pretty sure there will be few resub after 2 months.
In your experience how this will impact the share price?
I don't know, I wouldn't buy a share based on one release.
One thing I can see though, is that their stock has been steadily going up after each quarter and keeps going on an uptrend, so maybe wait for a dip and go long for a whole semester.
Either way I don't find activision-blizzard interesting to trade with.
Of all the stocks I've purchased, WWE is the only one I've seen a good return on.
Of course, I own 40 shares of Sony
They're basically an insurance company though
isnt WOW the biggest source of revenue for Blizzard? i thought that wow success will make or break blizzard fiscal year.
What are some interesting vidya stock to trade with except CDPR?
Does the price correlate with their game release?
To be more accurate, try reasearch their earnings and quarterly report, this is what matters, for instance many people though EA's price would bounce back after FIFA19 is out, and it did nothing, it just doesn't correspond for this particular stock, the price doesn't always correlate on a release.
In Epic Games case(They are not public but some Chinese funds include shares of Epic games) they are heavily dependant on their gaming sector so Fortnite made a good impression.
Then again the only people who profit are the ones who included said shares.
So how is BFA going to impact their value? Not much, over a short period of time, but seeing how they keep doing good the price will go up eventually as it's already going up, but buying Activision now is too late I would say the dip is already past and there is no telling how far they will go up before plunging again.
It's a reliable stock though, but I would wait for a small dip before buying, actually there are people who are already going short on it.
Chart related