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Commodity_Whisperer
Mar 24, 2019 9:32 PM

Does EA will Be Stock of the week? [a geek opinion] Long

Electronic Arts Inc.NASDAQ

Description

technically looks greate,under 94$ in trouble
This monday [25.4] they are launching a new Game Mode [battle royal genre] in thier biggest franchsie "Battlefield".
battle royale such as fortnite&pubg made a huge fortune to their publisher in the past 2 years.
A month ago, a game named "apexlegends" made the stock skyrocket 25% in 3 days after the game as launched and bypassing 30 millions players in a week. will "firestorm"
in battlefield will crush the numbers again? everything could happen, keep an eye& stay tuned.
Comments
algis88
This has little to do with battlefield battle royale.

But EA stock has some combined positive aspects which are:
1) Apex strong financial performance since it's launch (a little bit diminished by the lackluster battle pass for season 1, but I am pretty sure they will release some exciting news soon to calm the community).
2) Anthem - while not really greeted well on the PC gaming community, sells really well on consoles. So it will get at least the projected numbers. I am pretty sure about that.
3) BF V numbers will improve a bit as well.
4) Origin premium access pass(subscription) now looks much more interesting for gamers that play some of EA main titles as it also expands with multiple other games.

So basically current price should be considered a projected number(excluding APEX completely). Means it would still be where it is now, even with no Apex, based on what I mentioned. Or very close to this number.

However, having APEX as an additional revenue stream should probably have a price expectation of around $109-114 before the end of April.

I am in at 102.73 (3rd purchase, prior to this I bought at 82(sold 100) and bought 97(sold 104.5)
Commodity_Whisperer
@algis88, your analsys better than mine.cheers
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