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Re: EA price
BFH user base peaked (24h peak concurrent users on each
platform, summed) a week ago Sunday. An obvious way to look at that
is that more people stopped playing BFH in the last week than there
were new users buying it. And it's $39.99 now at multiple
retailers, which in just 12 days has to be some sort of record even
for EA.
bfhstats.com/
If this was based on fundamentals, TTWO and ATVI would be seeing
similar moves, but they're stagnant. If it were insider knowledge
of something, so many insiders wouldn't have been such big sellers
recently. Like you said, Human, looks like someone (funds? algos?)
in complete control of the stock. I noticed too on Friday evening
the after hours quote was $59,91 iirc, up nearly 3%, and when I
looked on nasdaq.com at the trades, there was only one single trade
above the $58.30 range, which was the final trade of the week for
125 shares way way way above market price. Just painting the tape
for the weekend. And it worked.
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