>> Fires 8% of workforce. >> Next week: Announces increased dividend & 1.5B stock buyback.
Fuuuuck. I almost don't want to touch that money, this feels outright dirty to me. This is one of the reasons why I prefer pure growth stocks with no dividends & a mission statement that includes saving the world.
The buyback is especially pointless imho. There's a zillion small high quality studios that Blizzard could buy for 1.5 B. That's almost as much as Microsoft paid for Mojang.
On the other hand, if this feels unethical to me, thank god I didn't get into war or tobacco stocks.
Wow... this is worst than all the SJWs they've been accommodating with
William Rogers
>There's a zillion small high quality studios that Blizzard could buy for 1.5 B. Are you retarded? It would be bad for ATVI to buy smaller game studios. Look what EA did to all the once good studios.
Jaxson Wright
Activision put their guy, and he is doing the dirty work.
Yup, this company died some times ago and was maintained alive by morhaime. Now he's gone there is nothing stopping Activision definitely taking over.
That was basically whay mark kern called last year.
Liam Reed
I don't give a fuck about video games. All I care about is money and asian women.
Jayden White
>Stock drops 50% >They announce by backs, so the value of your stock is higher and you don't pay taxes on it >Increase dividend
I will be accumulating shares throughout the year. They are targeting more Chinese market and China is crazy about mobile games.
