debating if i want to buy activision and play an amusing game of "will this stock benefit from diablo 3 and starcraft 2 dorks?"

As a nerd who plays those games, it is a tough bet. They never give deadlines on those two games, so no ETA on when they launch. You can bet on them selling like crazy the first two weeks, but you might have missed any real gains since they already officially announced the games.

yeah, it's a hard stock to play imo, i still think there's potential, but it could easily turn into another long-term hold for me if they keep delaying release. maybe as the release date firms up i'll look at it again.

gold is at record highs...and stable... O_o;;

question: is there like a book to read or something on how to day trade. I have always wanted to do it, but not knowing anything of the stock market I am scared of entering.

Activision could benefit from the release of those games, but I think the gains are already priced in, any other jump will happen when the sales numbers come in. I would wait for that and make money elsewhere in the meantime.

Gold I'm not touching with a ten foot pole. I looked at VGZ to play the gold game and I'm glad i went with my feeling that it was too late to get in.

Chupacabra: there are books out there that can help a lot, but you would also greatly benefit from doing the tutorials on e-trade.com. They have some amazing tools on that website that can make your life a lot easier and its 10 bucks a trade...

oh and one more thing folks, if you are looking at LVS, be very careful with it. Keep an eye on those stochastics. Also I think its got room to go down back into the 16's again. I managed to make some cash on it today, but man did I suffer through it.

see, generally i stay the hell away from casino stocks. the only reason i'm in right now is for WYNN's macau IPO that's coming up this friday. after that i'm anticipating a quick sell to lock in profits and then free up some funds to do more day trading fun.

Here's an article on Wynn Macau IPO but you may have already seen.

PREVIEW-High price, tough market stack odds against Wynn Macau | Deals | IPOs | Reuters


I was in Macau in Sept 2008...the Wynn hotel part (not casino) was surprisingly small (minature replica version) compared to the Las Vegas Wynn. Maybe it has expanded much in the last year?

The Venetian Macau was the most impressive hotel and casino...a lot bigger than any in Vegas.

yeah might be holding onto wynn longer than anticipated, but that's okay, i have other things :D

Hmm, LVS is piggybacking on WYNN a bit. I just didnt have time to make any smart decisions today so I didnt get into anything. I hate days like this where you don't get a clear heading in the morning...

LVS is gonna be impacted by the Macau IPO tomorrow. Neutral probably will be a good sign...

FAS anyone?

WoW - Troll Warrior - Protection Spec - Lvl 80
Happy Activision Stockholder since 2004 :tiphat:

I can give you a few books on why daytrading is for fools..............:stirthepot:

How is this ******* productive? What value did that comment add to the thread? Do you think you're funny, or right? man people like you piss me off.

Its like you think by reading books you know more than the next guy? Give me a few books? I don't need books, I just quit the industry 4 months ago.

We are trying to exchange useful information here and what do you do? come in here and call us fools and try to pretend you are cool even though you just made the nerdiest WoW joke I've ever heard?

Do you even have a 370z yet?

I'm not even gonna get started on your sig because somehow I'm not surprised about how obnoxious it is.

Any other stupid comments to stir the pot or do you want to say something useful for a change? Your choice.

I have no more patience for crap like this.

<--- Equity Trader for a "small" capital-management firm.

I'm not at liberty to divulge too much information, although it's safe to say that I personally will be initiating a new short-position in AAPL in about 5 hours. :tiphat: