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Activision & EA market manipulation

30 Nov 2019, 04:54 AM
#1
avatar of SturmtigerCobra
Patrion 310

Posts: 779 | Subs: 12

Say hello to the Goldman Sachs of the game industry, EA and Activision execs.

How Activision CEO Bobby Kotick Made MILLIONS By Lying To Investors:

Lying and manipulating players is something that we’re all used to from the big gaming publishers. But reportedly, Bobby Kotick didn’t stop there. According to the Washington Post, he's reached a whole new level of greed and manipulation, this time at the expense of investors.
sources:
https://www.washingtonpost.com/business/economy/company-insiders-are-selling-stock-during-buyback-programs-and-making-additional-profits-when-stock-prices-jump-and-its-legal/2019/11/06/fc592f58-e493-11e9-a331-2df12d56a80b_story.html
https://www.celebritynetworth.com/richest-businessmen/bobby-kotick-net-worth/
https://www.gamesindustry.biz/articles/2019-11-07-activision-and-ea-insiders-have-been-profiting-from-selling-stock-during-buybacks
https://www.gamesindustry.biz/articles/2019-11-07-activision-blizzard-sees-slumping-sales-sliding-engagement


This video explains buybacks:


Activision and EA insiders have been profiting from selling stock during buybacks
CEOs Bobby Kotick and Andrew Wilson have made millions, but companies insist there is no improper practice:
https://www.gamesindustry.biz/articles/2019-11-07-activision-and-ea-insiders-have-been-profiting-from-selling-stock-during-buybacks

Gaming execs explain market manipulation:


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