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02-10-2017, 12:00 AM | #691 |
Banned
Join Date: Jan 2006
Location: Dallas, Texas
Casino cash: $10004900
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about a year ago I was working with a guy who is probably the 3rd or 4th best Halo player in the world ...
started following him on Twitch, he actually won the X-Games Gold Medal (LOL) in Halo. I realized how big kids were (10-18) in watching other people play video games. They were getting MASSIVE crowds - selling out stadiums - shit, I was watching on Twitch and it was THRILLING - like watching football, or basketball ... Pro Gamers. No joke. I wanted to figure out how to invest in e-gaming (and it's still in it's infancy) ... well Activision acquired MLG (major league gaming) which is mostly known for Call of Duty tournaments (which are huge) for like $50M early last year and they plan on launching a network and they think it'll grow into a HUGE industry. The best I can liken it to is I think it'll be the next UFC. I think it'll be huge. On top of that, they acquired King Digital (Candy Crush) for $6B and Activision is the exclusive e-gaming rights with Facebook ... add that into the fact America is spoiled and now every game has expansion packs and in game buying for all the 12 year old idiots to spend from their mom's credit cards ... instead of games being a flat $50 like they were a decade ago ... you buy Overwatch for $60 and then spend another $500 on map packs, expansion shit, etc ... it's never end spend. Investing in video games is the way to go. Activision and EA are awesome longs. But yeah, I truly think, within 5 years, e-gaming explodes. Most 25 and under aren't investing and have no market influence ... so e-gaming, and I could be wrong because I'm a n00b, I feel ... is flying WAY under the radar. They acquired MLG for $40M ... if it's worth $5B in a few years? That seems like a good ROI, no? But yeah, any time I have a few extra bucks I'm buying more and more and more ATVI Stock. I truly think it's a great investment. |
Posts: 56,356
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02-10-2017, 01:57 AM | #692 |
Guest
Casino cash: $
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sometime when I have some left over loot from payday - I will buy 5 or 10 one dolla scratch off lottery tickets u haf to constistenly think big picture when finanses concernd I always thing of me and ma,s future together and what will buy after big hit, that thyme is coming sune 2 wait n watch
I play bingo to becauce u have to sonstistenly turn over stone look 4 diamone |
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02-10-2017, 07:35 AM | #693 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
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Huh. I had no idea. I certainly wouldn't plow all of your money in there, Hootie.
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Posts: 58,247
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02-10-2017, 08:58 AM | #694 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4721637
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Quote:
I'd like to get in 100 shares as well... When would be a good time to get in you think? My kids love watching those twitchers. If they're hooked, I'm sure everyone else is. |
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Posts: 8,290
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02-10-2017, 09:25 AM | #695 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
It should settle back down. I like it too-lots of potential and pays a small dividend. Not buying at the all time high though. |
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Posts: 43,200
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02-10-2017, 09:31 AM | #696 |
Banned
Join Date: Jan 2006
Location: Dallas, Texas
Casino cash: $10004900
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It's at $46 at open today ... Was at $36 January 1st ish ... I think it steadily keeps climbing for years. I think the e gaming division is grossly underestimated and there is so much revenue to be made by smart phone game revenue and game add ons after purchase and Activision owns all of their content. Hard to get to in depth on my phone but Activision blizzard with king is just a monster company in today's climate. Kids don't go outside anymore. It'll climb to $47ish today, I bet, and then bounce between 44-48 over the rest of the quarter then we'll see. I think it's a fantastic long though
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02-10-2017, 09:33 AM | #697 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
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I'd draw a trendline under the lows and if it settles back down there, pull the trigger.
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Posts: 58,247
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02-10-2017, 09:36 AM | #698 |
Banned
Join Date: Jan 2006
Location: Dallas, Texas
Casino cash: $10004900
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3 longs - EA, Amazon and ATVI. Amazon is expensive as **** but there is no way that doesn't crack 1500 within a few years. Take everything I say with a grain of salt, though. I'm a market n00b. Just invest in companies I believe in and I have such a low opinion on today's kid I say buy all the video game stock you can afford
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Posts: 56,356
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02-10-2017, 09:41 AM | #699 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
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Quote:
Or at least that's what he tells people. |
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Posts: 58,247
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02-10-2017, 09:51 AM | #700 | |
Banned
Join Date: Jan 2006
Location: Dallas, Texas
Casino cash: $10004900
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Quote:
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Posts: 56,356
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02-10-2017, 10:59 AM | #701 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1298491
VARSITY
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I've had a holding in TTWO for a dozen years or more. It's treated me very well. I've pared it down over time, which was a bad move.
__________________
Active fan of the greatest team in NFL history. |
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02-10-2017, 11:06 AM | #702 |
MVP
Join Date: Feb 2008
Location: East Jabip
Casino cash: $4593807
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MY brother and I raise all our own meat, and obviously sell some too. We run about 30 head. There are a LOT of hidden costs and it is a huge pain in the ass, but you can make good money doing it.
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Posts: 11,058
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02-10-2017, 11:34 AM | #703 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
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Nice. No question there are hidden costs. Do you feed them out or do you send them to a feedyard?
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Posts: 58,247
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02-10-2017, 11:43 AM | #704 |
Guest
Casino cash: $
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I look at thes place and I don not immenstiatley thing peeple heer are real good at investment. u have to role dies constisintely to make earth shackleling different in in-come. big life change move.
I alway say do stuffs like bingo, molotto and play pocker with friend. get paid more often then stock market or cd a count. I go bingo two time in grain valleys per week. I say may b one time per month I drive off lott with 500 dollas. so luck, someskill don be efraide to take chance with money. lotto also very good long time invessments |
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02-10-2017, 11:49 AM | #705 |
Banned
Join Date: Jan 2006
Location: Dallas, Texas
Casino cash: $10004900
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You seem like a man with an impressive portfolio ... I'd still jump on the EA/ATVI boat if you're feeling frisky. I'm telling you, these kids and their video games ...
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Posts: 56,356
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