Jim Cramer says ‘That whole gaming business is a sell’

We haven’t heard much from Jim Cramer since his public humiliation on The Daily Show a while back. There was a time when the stock market expert was everywhere; movies, talk shows, even Arrested Development.

He may be lower profile now, but the guy still knows how to get me interested though. When asked about Activision Blizzard stock, Cramer recently had this to say — “That whole gaming business is a sell. I don’t like the structural changes going on in that business. I no longer like Electronic Arts either.

Whoa, sell Activision stock? Right before Call of Duty Black Ops comes out? Ah heck, what do I know? Maybe he’s right. The deeper I get into the gaming industry, the more I see how much money publishers tend to waste on PR stunts and expensive parties. I don’t know about “structural changes”, but I definitely know unaccountability and excess when I see it.

‘Mad Money Lightening Round’: Down on Activision Blizzard [TheStreet]

We haven’t heard much from Jim Cramer since his public humiliation on The Daily Show a while back. There was a time when the stock market expert was everywhere; movies, talk shows, even Arrested Development.

He may be lower profile now, but the guy still knows how to get me interested though. When asked about Activision Blizzard stock, Cramer recently had this to say — “That whole gaming business is a sell. I don’t like the structural changes going on in that business. I no longer like Electronic Arts either.

Whoa, sell Activision stock? Right before Call of Duty Black Ops comes out? Ah heck, what do I know? Maybe he’s right. The deeper I get into the gaming industry, the more I see how much money publishers tend to waste on PR stunts and expensive parties. I don’t know about “structural changes”, but I definitely know unaccountability and excess when I see it.

‘Mad Money Lightening Round’: Down on Activision Blizzard [TheStreet]

Jonathan Holmes
"Where do dreams end and reality begin? Videogames, I suppose."- Gainax, FLCL Vol. 1 "The beach, the trees, even the clouds in the sky... everything is build from little tiny pieces of stuff. Just like in a Gameboy game... a nice tight little world... and all its inhabitants... made out of little building blocks... Why can't these little pixels be the building blocks for love..? For loss... for understanding"- James Kochalka, Reinventing Everything part 1 "I wonder if James Kolchalka has played Mother 3 yet?" Jonathan Holmes