Wow, EA down nearly 10% in trading today.

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  • rm217
    Banned
    • Sep 2006
    • 320
    #1

    Wow, EA down nearly 10% in trading today.

    Wow, EA down nearly 10% in trading today. I guess being an exclusive license holder to just about every sports league isn't paying off quite as well as EA hoped. http://www.gamespot.com/pages/compan...hp?company=619
    Last edited by rm217; 07-30-2008, 09:49 AM.
    Tags: None
    • arseniotall
      Banned
      • Oct 2002
      • 903
      #2
      Re: Wow, EA down nearly 10% in trading today.

      I mean no harm but I daytrade, and it really aint that simple..LOL

        Comment

        • djordan
          MVP
          • Nov 2005
          • 3052
          #3
          Re: Wow, EA down nearly 10% in trading today.

          Who ever cares about this give me a "YIPPPEE!!!"
          AKA DEEJAY8595

            Comment

            • rm217
              Banned
              • Sep 2006
              • 320
              #4
              Re: Wow, EA down nearly 10% in trading today.

              Originally posted by djordan
              Who ever cares about this give me a "YIPPPEE!!!"
              When your a billion dollar company 10% is a lot.
              Last edited by rm217; 07-30-2008, 09:58 AM.

                Comment

                • maddenps2
                  MVP
                  • Jul 2004
                  • 1865
                  #5
                  Re: Wow, EA down nearly 10% in trading today.

                  So the trading day even over? Regardless, I'm sure all stocks fluctuate at times.

                    Comment

                    • TJdaSportsGuy
                      Hall Of Fame
                      • Dec 2002
                      • 11146
                      #6
                      Re: Wow, EA down nearly 10% in trading today.

                      LOL, yeah, it's all because of the bugs in NCAA 09. Some people...sheesh.

                      Either way, I'm moving this out of the Madden forum and into the Non-Sports Gaming Forum since this has ZERO to do with sports titles, lol.

                        Comment

                        • roadman
                          *ll St*r
                          • Aug 2003
                          • 26339
                          #7
                          Re: Wow, EA down nearly 10% in trading today.

                          As founder Sam Walton said during the 87 crash, "it's only paper."

                            Comment

                            • adembroski
                              49ers
                              • Jul 2002
                              • 5829
                              #8
                              Re: Wow, EA down nearly 10% in trading today.

                              So... what your saying is that EA picking up an exclusive license caused them to drop 10% on some random day five years later? Yeah.

                              Look, I'm not expert on the stock market, but this is one of the most ridiculous insinuations I think I've ever seen.
                              There are two types of people on OS: Those who disagree with me, and those who agree.

                              The first kind is wrong. The second is superfluous.

                              “The only difference between reality and fiction is that fiction needs to be credible.”
                              -Mark Twain.

                                Comment

                                • bengalboy1991
                                  Rookie
                                  • Jul 2007
                                  • 133
                                  #9
                                  Re: Wow, EA down nearly 10% in trading today.

                                  Thanks for the update. The Market is a very sensitive thing. If shareholders are not secure in their investment, selling does drive the price down. It may seem insignificant, but if a high dollar game does not go over as expected, the value will drop.

                                    Comment

                                    • LIGHTNING
                                      MVP
                                      • Jul 2002
                                      • 1610
                                      #10
                                      Re: Wow, EA down nearly 10% in trading today.

                                      This stock was at 69.31 not that long ago on March 8, 2005 around the time of the NFL exclusive license deal and it has since droped 36.9%. OUCH! I also heard that Madden preorders are weaker than expected for the second consecutive year!

                                        Comment

                                        • adembroski
                                          49ers
                                          • Jul 2002
                                          • 5829
                                          #11
                                          Re: Wow, EA down nearly 10% in trading today.

                                          EA Delays 'Tiberium', 'Battlefield Heroes' But PC Sports Games Back Next Year
                                          http://www.worthplaying.com/article.php?sid=54275
                                          EA's Q1 2009 financial result shows that the company doubled its revenue ($804 million compared to last year's $395 million), mainly driven by Battlefield: Bad Company and UEFA EURO 2008, and Rock Band, while Boom Blox so far sold 450k copies. The investors conference call had less positive news as EA has decided to delay its free-to-play online FPS Battlefield Heroes in order to give the devs more time to implement community features, as well as Tiberium, its FPS set in the C&C universe, from its scheduled late 2008 until fiscal 2009, which runs anywhere from April 1, 2009 to March 31, 2010. However sports fans will be delighted to know that next year Madden, NBA Live and NCAA Football are coming back to the PC with expanded online features.
                                          There are two types of people on OS: Those who disagree with me, and those who agree.

                                          The first kind is wrong. The second is superfluous.

                                          “The only difference between reality and fiction is that fiction needs to be credible.”
                                          -Mark Twain.

                                            Comment

                                            • kwas676
                                              Pro
                                              • Jul 2008
                                              • 520
                                              #12
                                              Re: Wow, EA down nearly 10% in trading today.

                                              Originally posted by rm217
                                              Wow, EA down nearly 10% in trading today. I guess being an exclusive license holder to just about every sports league isn't paying off quite as well as EA hoped. http://www.gamespot.com/pages/compan...hp?company=619
                                              Not trying to be mean but they only own football and nascar license's and don't do baseball games, I know the cool thing now on forums is to do the whole EA hate thing but at least get your facts right.

                                                Comment

                                                • allBthere
                                                  All Star
                                                  • Jan 2008
                                                  • 5847
                                                  #13
                                                  Re: Wow, EA down nearly 10% in trading today.

                                                  this is actually almost like clockwork for EA. they are near their 52 week low, and will be at the 52 week high just when madden drops or at most 2.5 weeks after max. They are always ridding high at the end of aug and into sept. Just watch.
                                                  Liquor in the front, poker in the rear.

                                                    Comment

                                                    • mercalnd
                                                      MVP
                                                      • Oct 2004
                                                      • 4262
                                                      #14
                                                      Re: Wow, EA down nearly 10% in trading today.

                                                      Originally posted by kwas676
                                                      Not trying to be mean but they only own football and nascar license's and don't do baseball games, I know the cool thing now on forums is to do the whole EA hate thing but at least get your facts right.
                                                      Actually, they also have exclusive FIFA, English Premier League (FIFA sells more than Madden you know...) and PGA licenses. I agree with your general premise about people looking to bash EA but it's kind of ironic that you tell someone to get their facts straight yet you neglect to check yours.

                                                        Comment

                                                        • DocHolliday
                                                          Farewell and 'ado
                                                          • Oct 2002
                                                          • 4698
                                                          #15
                                                          Re: Wow, EA down nearly 10% in trading today.

                                                          Thaks for the heads-up. I highly reccomend to anyone that is thinking of getting into long term stocks to use the videogame sector.

                                                          It aint going anywhere and its just gonna get bigger and bigger.

                                                          EA included. I may pick some up tomorrow.
                                                          GT: Event Horizon 0

                                                            Comment

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