Ever play Guitar Hero? I haven't but if Pro Athletes have to go on the disabled list from playoff games, its a sign of the times. Guitar Hero by Activision, is but an example of the video game manufacturer's capitalizing on the new video game consoles on the market. What do investors do in these situations? They take advantage of the situation and make money.
ATVI is a favorite of mine, now that the market has decided (temporarily) to move upward. We are in a see saw market, so I recommend to tread lightly on any purchase you make at this time of the year.
Tuesday, December 4, 2007
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2 comments:
what do you think of midway games?
they have been going down steadily for a while now, and being at 20 only a few years ago, now at 2.5, i think its the time to buy now that its this low, but i would like to know what you think.
with the long postponed release of UT3 in a week looming and christmas sales driving the video game market, do you think investing in MWY is a smart move at this time?
its not like it can go down even more, heh.
I am not a big fan of stocks under $5. If Midway can get their financials together and put out a solid product only then is it a good investment. I generally like stocks reaching new 52-week highs as opposed to lows, so right now I say your money is better elsewhere. Like ATVI or KNM
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