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Toby Marvin

Real Money Earned: $0.82
Location: Albany, CA
Member Since: 3/05/08
Portfolio Total:$1,236,981.32

Stock Analysis: 1

Portfolio Start Date10/30/08
Annualized Return:21.9%
Total Return:23.7%

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Stock Pick by Toby Marvin

ERTS: Summer game releases

Start trading ERTS with real money!

Rate Analysis

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Posted 206 days ago on 4/29/09

Market call:ERTS will go UP
Target: $30.00 on 7/29/09
Current: $17.30 (-16.22% from time of market call)

Teens and young adults have the green to spend on this companies product and in a recession this is very fortunate for EA. I believe this stock will flutter around the $20 until the middle to end of may then it will jump because of The Sims 3. The Sims 3 which will be released on the 2nd of June and is next in the series of EA's best selling franchise. Until then I will be buying it when it dips on Friday or Monday and selling it in when it spikes in the middle of the week.

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kittehprimo

Posted 5/24/2009, 10:00 pm

Not to mention the fact that the gaming industry as a whole is in a strong position relative to the rest of the entertainment industry. It is relatively inelastic, so their profits should remain stable at least through the end of the year. There are even rumors circulating the internet that key companies such as Electronic Arts and Activision may be investing in alternate gaming technologies (such as 3D perspective gaming). I would even expect that EA stock would hit $35 a share, maybe more, depending on how the release is handled.

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