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ot - op net and
ATVI
lt cap - there's your CIEN 'bounce' - nice call. Still see no
news on why NOK lost ~4% yesterday, but these sector stock tend to
do that. If it goes lower from here, I expect I will buy more. CSCO
is entirely frustrating - it keeps rising steadily - now over $27
from ~$23.XX not that long ago. Bullish analyst put a 'buy' rec.
yesterday (Needham, I think), with a PT of 28. We're almost there -
a bit too rich for my perspective, altho the 3.XX dividend
abides.
I've asked this before but: I notice that ATVI has had a
continual drop from ~$40 to just over $30 today. Jester called 40
fair value. I'm tempted to start aposition. Did something
change?
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Re NOK
Nokia is currently testing its 52 week lows. This level
has held the last two times it tested, if it holds now, I would
think it bounces. It is oversold and due for a bounce,
IMO.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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03/09/16 at 2:25 PM CST
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My last couple of comments on ATVI were to say how cheap it was
at $25 post earnings and that I was buying more there, and that the
$40 fair value call was before the market started falling and
therefore expectations of price multiples should come down too.
Perhaps $30-$35 is more fair value for the next couple of months
i.e. cheap below that, expensive above. A couple of upcoming
catalysts are VR, which we should see a lot more hype on at E3 in
June, and the new Nintendo NX console is rumored for as soon as
this holiday season. Neither of those will mean much for publisher
earnings in the next year, however they can both create some hype
for the sector.
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Author:
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Jester
Debunker
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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03/09/16 at 3:18 PM CST
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0
0
