The cattle is buying EA again

OK, folks, have you heard the news? EA's stocks are SKYROCKETING, when people listen the guy that made the stocks of the company drop 5 times the price they had before him.

The same guy that lead the company to win the GOLDEN POO AWARD, from companies like Wal-Mart and Bank of America.

JUST ONE PREDICTION that the mobile platform will grow in revenue this year (something well-known) and people already buy like retards those shares.

It was not clear to me only if the growth presented by John Riccitiello was about EA ONLY or the industry as WHOLE. But who needs to know? Stocks are getting more value each day. It will keep ol' Johnny on the chair for a little more, until the next bubble explodes.

Really? Those people can't be serious if they fall in such trap as a ambiguous statement of a guy in his green mile. Forget EA, the WORLD is screwed.

http://www.bloomberg.com/news/2012-...fter-ceo-says-growth-is-ahead.html?cmpid=yhoo
http://beta.fool.com/palwashas/2012...obs/7267/?ticker=ATVI&source=eogyholnk0000001

HAHAHHAHHAHAHHA It was not meant to happen.

After 2 days of retards buying J.R. Bullshit about EA growth, people came to their senses. The shares dropped 30 cents again. I hope that by July 30th they are so low that EA get rid of the dumbass that doesn't understand why people don't want to buy his shares.

Yeah don't get worked up about 1 day of rallying, it CAN be a bad sign, but it isn't official until it happens 3 days in a row. Just remember that.

If you notice in fact, most of the rise happened early on in the morning, which means one of two things:

1. It was a single, huge investor, someone on the NYSE Billionares list or such. Those folks have the money to make such moves happen when they invest. EA Regularly moves stocks in the 10's of millions, so such a large investor, who has billions to expend, could easily have done it.

or

2. Fraud, Johnny boy himself has the stock manipulated in a desperate move to save his job. If this is the case, it's not only nothing to worry about, but could well be something to be excited about. Such market manipulation is a felony, and one that gets you tons of hate in the modern court of public opinion, and a hefty sentence. Financial crimes are not taken lightly these days.

Is it wrong I'm crossing my fingers for #2? Please let J.R. be that stupid.

I sort of hate to say this, because I know it's mean, but no it is not wrong at all. John Riccitiello has shown himself to be downright evil. And if anyone needs convincing, look no further than this video:

Listening to that made me throw up a little and the dreadful music adds to the general evil greed that is J.R.'s attitude

Well, J.R. frauded the stock on June 29th so he could make a fake balance on the 30th to show a positive future for next quarter.

You can check this by enabling Yahoo to show INTERNAL movements. You will see that Friday they had multiple exchanges rotating stocks between executives.

I think this last one was truly a bad call of analysts pushing those stocks to clients.

IRONY ALERT!!!!

The name of subsidiary of the stock analysis company that made that call is: B-CATALYST. I SWEAR IT'S TRUE!!!!

They probably used the simplistic methodology of Kenneth/Fisher in which there is a mobile market growing, and EA have a low value NOW, but room to grow as they enter this market.
http://www.nasdaq.com/symbol/ea/guru-analysis

Poor bastards don't know that EA is trying to enter that market for at least 2 years, and couldn't find a model when they had an identity. Now that they are defaced, the challenge is even greater. Yeah, not going to happen.

It is all about "how can I extract more money from my customer". Instead of "how can I create more value so that people will be willing to support buying more". When you start charging for bullets its time to trade in the game. I will never play a game where they try to get money for ammo, weapons, piece of clothing, or armor.

I only buy content.

If that's true, that may be the ACTUAL reason he is being asked to step down. Committing felonies in the company's name is a sure fire way to be shown the door. And he better hope he's not on the FBI's radar either.

Just to reinforce what I said over the weekend, EA sunk again today, slightly moreso than the NASDAQ. Suffice to say that this one day rally is offically meaningless.

Forbes had an interesting article about the decline of EA's stock..listed 5 reasons as to why and went into them..

http://www.forbes.com/sites/insertcoin/2012/07/19/five-reasons-ea-is-in-decline/
1. The Old Republic is Likely a Bigger Disaster Than Anyone’s Saying
2. Battlefield is Not Call of Duty
3. Mass Effect 3′s Controversies Lost Many Hearts and Minds
4. EA is Constantly Losing the PR War
5. They May Be Jumping Into the Social Gaming Pool as the Water is Draining Out

THAT got me laughing SO HARD. As I write this I imagine the former executives of EA that jumped to Zynga making facepalms and asking themselves what is EA thinking. THEM, in a way more advantaged spot are STRUGGLING, EA in the base of hill is thinking that they will accomplish WHAT?

I checked the other day, and as one of the poor bastards who bought a 6 month subscription I have about 25 days of playtime left. I wonder how big the player drop is going to be around August 15th...

Made you throw up a little bit? I think I just vomited by pelvic bone! The actual evil that you can hear coming from his mouth is toxic!

No shit. That's really evil right there.

I ask myself if they are holding themselves for the impact or if they are pretending everything will be OK, as they have done until now.

I wish more people would come to their sense, to the point where EA is worth so little that (possibly; I'm not sure how it actually works) the studios it bought that haven't been dissolved can buy themselves out of EA's hands and actually be good again. I even wish that other big studios would buy them off from EA. What would you guys think if Valve or Bethesda bought BioWare from EA (however unlikely at this point)? Would that be better or worse?

Please?

I forgot to write down the name, but there's a Japanese consortium interested in buying EA, and couldn't do due to the cost of the acquisition.

But since every CENT they lose in they shares make them 37 thousand dollars less valuable, I predict they might be moving on soon.