Would you buy shares in Activision Blizzard (ATVI)
I have absolutely no share-dealing experience, however I'm appealing to anyone with a 'little knowledge' of the software games market.
Currently Activision Blizzard shares (as on Monday are $12.34). Trading on the US Dow Jones - I'm anticipating a generous return (if left until 2010) on a modest investment of £1,000 when they launch Call of Duty Modern Warfare for the X-Box and PS3 in the Autumn. From what I can research - they could sell as much as 11 million copies. At £45 for a copy of the game - that's a lot.
Their share price increased after the launch of Call of Duty 4 and peaked at $17 in September 2008 before everything went tits up. Modern Warfare 2 is highly anticipated with a loyal online gaming community still playing Call of Duty 4.
Any view or opinions?