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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

12/17/15 at 11:00 AM CST

 

 

READ: 4

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Sentiment:

Neutral

ATVI

ATVI is now a whisker away from the $40 price target I was looking for by early February, when I posted this last month at $34.

marketrap.com/me...BLOPS3

ATVI just added MT to BLOPS3, so an already successful game will now be producing even more profit.

I'll be selling covered calls here and then if the shares are taken, maybe selling puts.  I wonder about the Yahoo Finance analyst estimates for next year. They show $1.58 vs $1.36 this year, but that's almost like they aren't factoring in the 30% eps accretion ATVI promised after the KING deal. So really, 30% accretion plus core business growth should put eps closer to $2, hence my $40 target.

finance.yahoo.com/q/...imates

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