And if, as you say, you do not hold them very long, then you are paying 30% CG on the profit from any sale. Unless of course you are not reporting it. But if you are involved in the market through an investment bank the investment bank has a record of your sales and buys. They send you a statement at the end of the quarter. You fail to report that to the IRS and you end up owing the IRS a LOT of money very fast. And although they are not Guido or Pauly they are every bit as persistent.
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A part of me feels happy reading the title 
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Because people who care about the stock market donât read the forums.
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Very true, itâs a combined factor causing what we are seeing; there was a 0.5% dip following the initial news and it bounced back up in the morning and started to tank around 12pm EST similar to a majority of other technology companies.
Edit: Looks like the 12pm dip is from the jobs report that was released.
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blitzchung, supporting blm, no new sl classes, each WoW and blizz controversy or bad patch
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Also, and not to play harbinger at all here, but it IS October, and one in which there are two full moons, AND Tuesdays and Thursdays and Fridays tend to be volatile days to begin with. Black Thursday happened on a Thursday in October 1929
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Oh no the stock market cycling like it always does, woe is us!
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S&P was down -2% at opening and I bought a bunch of calls and flipped them when it went up to -1% and made a quick $300. Market volatility has been all over the place since last month when the S&P tanked -6% in one day so all you can do is swing trade.
Itâs the tech companies getting the beat down dragging down the markets, but Iâve been just buying the dips, and its going back up. Canât make any money on biotech companies anymore like you used too.
I work from home so I day-trade during the week when I feel like it.
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Considering activation-blizzard is more than just WoW you cannot honestly think some of those mentions are that impactful.
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the entire market went down because the president of the united states got coronoavirus after not wearing a mask everywhere
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No they donât. They have other forums they read. Barronâs, WSJ, MarketWatch, and a host of others.
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This community is so impossible to please I swear. They want a super broken game to relase so they can cry about how bad and broken it is.
At the same time the cry how a company is taking their time to offer them a superior product that the players will enjoy more and cry about less.
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The market was only down 0.5% today. ATVI is down 5%.
It is not the end of the world, and will almost certainly recover (buy opportunity!)âŠbut all the armchair âinvestorsâ in this thread pretending like a 5% dip in a 60B market cap company is normal and par for the coarse? LMFAOâŠthat is 3 BILLION dollars in value evaporated in 24 hours.
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It was a good decision for the players. I couldnât possibly care any less about stonks. I want good vidya game. No interest in how much money is in investor pockets.
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Exactly this. Now they can try to drag folks through 4th quarter with a 2 week event stretched out for 8 or 9 then launch in the first couple weeks of Q1 2021.
All stocks are down today. Stop pretending to be smart like this is an outlier. Trump got covid and the whole markets tanked. Sure the delay may have played a role but to define this as the only reason is just indicative of the echo chamber you live in.
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Because it delays their potential profit. That is really it.
If it results in a better endgame, and more players sub to play it, that will increase profit and cause stock to rebound and even gain some.
For Blizzard it looks like share holders would be more worried about brain drain from dreamhaven and the extreme pressure thatâs going to put on salaries.
ThatâsâŠnot how stock value works. A drop of 5% in stock price is not an automatic 5% loss in value for a company. Mainly considering the percentage of a companyâs control that is available on the market is almost always in flux. Often companies hold large percentage of their own shares and sell those shares off to generate capital as necessary.
So no, the stock dropping 5% in a day (particularly given other market events today) is hardly newsworthy.
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Building up goodwill rather then spitting out a half baked product. In the long run it will be advantageous for them.