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Showing posts from June, 2021

Activision-Blizzard 3-Statement

  Introduction This may have taken longer than I wanted it to, but I've finally finished a complete 3-Statement for Activision-Blizzard.  However, I still intend to present this 3-Statement, because I'm proud of the work I put into it. Rather than droning on, I think it's best to begin.  P&L and BS Source The source for the financial data of Activision-Blizzard from 2018 to 2020 was mainly Yahoo! finance and the company's 10-K for the years 2020 and 2019. I simply inputted the values to the corresponding year, to get a corresponding P&L and BS for the years 2018-2020. In terms of trends in the P&L, there has been a significant increase in Total Revenues from 2019 to 2020, where it goes from $6.5 billion to $8 billion. This increase in revenue seems to be part of the general part for the games industry in 2020, which saw a surge in revenue. MarketWatch even claimed that video game revenue surged 20% to about $179.7 billion. This surge can be attributed to th

AMC to the Moon?

  Once again it seems like the internet has united to shoot up the price of a stock. This time around, it’s AMC. As of June 2 nd , the stock has soared past the $70 mark. The only question on everyone’s mind is how high will it go, before it starts collapsing? If you have no idea what’s happening right now, AMC is currently undergoing a ‘short squeeze’. A short squeeze is a very rare financial phenomenon that occurs when there is upward pressure on a stock causing its price to rise. This results in the underlying stock’s short sellers being forced to buy the stock at a higher price and pay the difference between its current stock price and the price they initially sold it at. Short squeezes usually occur when investors collectively feel like a certain stock is over-shorted. In the case of AMC it was shorted at around 19%, and investors retaliated by buying more and more shares of the stock, thus creating upward momentum that will increase the stock price. Now, short sellers have thei