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There was a small section in IBD that wrote about ATVI and how the new game Call Of Duty Modern Warfare 2 was expected to make 1/2 billion in sales this week. I'm a fan of the game and I've also been keeping an eye on ATVI for the last several week to buy on the 9th, the day before the game's release date. So far 1 day after the game's release date the stock was -.70% from my purchase price.
Did I buy too early? Too late? I would think a company that can bring in 1/2 billion in sales in a week will have it's stock price go up.
Any inputs will be appreciated.
Thanks.
Did I buy too early? Too late? I would think a company that can bring in 1/2 billion in sales in a week will have it's stock price go up.
Any inputs will be appreciated.
Thanks.
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