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John Velgot

$2.03
2/29/08
$1,000,000.00

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11/14/08
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Stock Pick by John Velgot

NCTY: Blizzard Will Back Down From The9 Limited

Start trading NCTY with real money!

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2 ratings
Posted 1472 days ago on 5/05/08

NCTY will go DOWN
$7.80 on 5/05/09
$5.58 (-74.37% from time of market call)

Think about it guys... A majority of the revenue that The9 Limited generates is almost directly from WoW which is owned by Blizzard. Electronic Arts has about a 10% share in The9 Limited, which is a competitor of Activision, who is merging with Blizzard to form Activision Blizzard. If Blizzard keeps the contract with The9 Limited, they are basically generating more capital for Electronic Arts. My prediction is that when the contract renewal comes up for World of Warcraft that The9 limited will not get it because of the relationship with EA Games and thus the stock is going down

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Posted 5/9/2008, 6:06 pm

I agree, we'll most likely see a continual decrease for NCTY and a shoot up in the price of Activision

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