I posted last week that BLOPS3 could be bigger than expected for
ATVI this year, and they've come out with a PR about the sales.
finance.yahoo.com/ne...4.html
"Three-Day Opening Weekend over $550 Million in Worldwide
Sales (sell-through)
Digital Sales Nearly Double Over Last Year;
Retail Sales up Significantly Over Last Two
Years"
As I said last week I think these dips have been a gift. They'll
be doing nearly $2 eps in 2016. BLOPS3 looks to be bigger than
expected and they've just added 30% eps accretion, and the stock is
still where it was before both these events. Even if you make a
case for the KING part of the earnings not deserving ATVI's recent
high valuation, it's still worth multiple dollars not zero.