EA insiders are cashing
out
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They also gave Soderlund a $20M bonus:
"On June 1, 2017, the Committee also approved a supplemental
equity award for Mr. Söderlund with a grant date award value
of $20 million in recognition of Mr. Söderlund’s key
role in delivering award-winning games and services to our players
and deepening player engagement; this award was also intended to
support the longer term retention of Mr. Söderlund."
What, his gazillion shares and the high stock price don't pay
him enough, plus the other $12M bonus in the 8K below? How do they
justify that bonus after the Mass Effect Andromeda dud, which he no
doubt pushed Frostbite onto the team? He is in charge of that
division too, and it looks like ME is on hiatus now so that's a few
hundred million of projected revenue up in smoke.
sec.gov/Ar...17.htm
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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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06/28/17 at 9:00 AM CDT
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It must certainly is good to be king(s)!
I was thinking of shorting EA but I am weary because this market
just refuses to go down and Cramer is still shouting that the stay
at home stocks are the ones to own.
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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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06/28/17 at 5:14 PM CDT
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EA has finally been weakening recently. It has fallen through
the 20ma and bounced a couple of times near the top of the gap
after last earnings at 5/10. I expect it will see strong support
around $106.5, the 50sma, and $105.5, the top of that gap. If it
fell through there I doubt it would close the gap fully unless we
had a really big market breakdown, since it would also have to fall
through $100 and the 100ma currently over $97. I've been shorting
on spikes and covering when it gets close to those levels.
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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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06/29/17 at 8:43 AM CDT
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EA looks to have now a confirmed head and shoulders, if the
market continues to sell on strength as it did this morning EA may
be headed towards the sub $98 level
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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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07/03/17 at 10:07 AM CDT
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EA has spent the last few days bouncing between that neckline
you mentioned in mid $105's and the 50sma in low $107's. I'm still
expecting a few % rebound from here.
UPDATE: and after posting that, EA did in fact reach the 50sma
at $107.63, then has pulled back.
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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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07/07/17 at 9:20 AM CDT
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Yes, it has. It has attempted to regain the level above
the 50 DMA, twice including today, closed just below it today.
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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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07/08/17 at 6:38 AM CDT
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EA got the few % rebound I was looking for, which took it about
halfway from recent lows in the $105's to the recent high at $116.
At this point with the market rally running on fumes I wouldn't be
surprised to see it back down to $105's soon which could be a good
entry for upcoming earnings.
CMG failed to find support around $415 and still looks weak
around $395, but also very oversold. The $420 range could be
resistance for a near-term rebound.
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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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07/17/17 at 9:34 AM CDT
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