Fast Money: Rapid Recap - The first and only official show synopsis
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We love the movies as much as anyone else, but if you’re looking for a blockbuster premiere – head to your local video game store.
First-day sales of Activision Blizzard’s [ATVI
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] newest game "Call of Duty: Modern Warfare 2" shattered records, raking in an estimated $310 million!
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You read that right, 4.7 million copies of the game were purchased in the first 24 hours, making it the biggest-selling launch in the history of entertainment.
For the sake of comparison, the Batman movie "The Dark Knight." brought in $155 million during its opening weekend.
How should you game this space, now?
If there’s one stock to own going into the holiday’s its Activision, says FBR Capital video game analyst Heath Terry. Yes, expectations were high and that was baked into share price -- but Call of Duty blew through expectations. The stock should have more upside. There’s a long tail to thing.
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Trader disclosure: On November 12th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (CSCO), (MCD), (MSFT), (WMT), (TGT), (M); Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spreads; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Is Short (USO); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm Is Short (XRT), (IJR), (IWM), (MDY), (SPY), (UNG); Najarian Owns (GE) Calls; Najarian Owns (INTC), Is Short (INTC) Calls; Najarian Owns (JWN) Calls; Najarian Owns (MCD), Is Short (MCD) Calls; Najarian Owns (QLGC) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (UUP) Calls; Najarian Owns (YHOO), (YHOO) Puts; Symour Owns (AAPL), (BAC), (EEM), (FXI), (POT); Seygem Asset Management Owns (BUD); Najarian owns (TXN), is short (TXN) calls
GE Is The Parent Company Of CNBC
NBC Universal Is The Parent Company Of CNBC
For Heath Terry
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (ATVI)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (ERTS)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (THQI)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (TTWO)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes