In Wednesday’s Blitz Daily, we take a look at digital entertainment company Activision Blizzard after its share price hit new 52-week lows.
Video game veteran Activision Blizzard is facing another round of serious legal issues as more employees come forward with charges of work-related sexual misconduct — including an allegation of two rapes by one superviser.
On top of its workplace problems, the latest instalment of its flagship Call of Duty game franchise, Vanguard, has failed to impress with sales. According to a number of gaming news websites, sales of the new title are down 40% year-over-year in the United Kingdom — Ouch!
Activision shares have been in a freefall since the first round of legal problems, dropping over 28% since late July.
But if video game companies don’t hit the right buttons for you, I have four more trades seeing a lot of love on Wednesday...
It didn’t take Joy of the Trade Head Trader Jeff Zananiri long to get this former member of both the CBOE and the American Stock Exchange on board with these “Round Trip” signals.
We’re talking about trader extraordinaire, Mark Sebastian. He normally doesn’t take trades from other people… But the strategy Jeff’s been showing him has so far opened his eyes wide.
And traders will have the chance to tap into what he says “might be the most explosive strategy I’ve ever seen.”
Already, Jeff’s let Mark in on these “Round Trip” signals that have gained 263% in four days… 267% in seven days… even an incredible 2,645% gain in four weeks. And...
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "Activision’s Legal Woes Send Shares Lower — but Bulls Are Buying"
Post a Comment