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Activision Buy

January 6th, 2009

Bought 1000 shares of Activision Blizzard(ATVI) at $8.18 per share. ATVI dropped below its 52 week low today. Activision has $2.20 in cash per share on the balance sheet and no debt.

Sold Chesapeake Energy stock today for a 24% gain. I didn’t expect the stock to move up this rapidly. The stock went from $15.50 to $19.50 in one week.

Sold off the rest of Alcoa at $12.20. Alcoa has almost doubled over the past month.

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  1. January 7th, 2009 at 20:16 | #1

    good job on selling AA before it tanked..10% drop today.

    I wish I got into Chesapeake before, hopefully it can fall a little further and bring in another buy opportunity.

  2. January 7th, 2009 at 23:02 | #2

    @Aman@BullsBattleBears
    Thanks. I thought Alcoa had run up too quickly so I got out. If Chesapeake drops I would like to get back in as well. Natural gas is too cheap.

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