Is Take-Two a Trade?

Filed under: Activision Inc (ATVI), Technical Analysis, Technology, Take-Two Interactive (TTWO)

Last time I wrote about Take-Two Interactive (TTWO), I mentioned how the stock was getting interesting. I think the shares remain interesting, and I'm wondering if they could be a viable trade idea at this point.



This idea is not without significant risk. To begin with, the video-game industry still has its challenges: we're getting along in the current console cycle, and now, not a few gamers/investors are wondering when the next one will begin. Plus, Take-Two is arguably a candidate for profit-taking after its recent run-up (please see the chart). Management will issue its next quarterly report on February 8. Do you want to be in the stock ahead of this event? It's an important question to ask.

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Is Take-Two a Trade? originally appeared on BloggingStocks on Thu, 13 Jan 2011 17:00:00 EST. Please see our terms for use of feeds.

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