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GameStop Corp. Message Board

  • marc_play marc_play Feb 27, 2006 7:37 PM Flag

    GME is about to fall: could see 32-38

    Could see 32-38 In a sharp drop.
    Bought march puts.
    In my humble opinion, this stock is deceiving: it went sharply higher against the co's guidance, P/E is too high, and sales are dissapointing. all factors are in for a big drop. The Question: How much a drop, not IF.

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    • Wow its hot here. I didnt mean to drop into the flare but dont you think the stock is a little bit over-shorted ?
      I mean with 30% short of float it can bounce hard when all those shorts start to cover on a minor bounce.

      I came here looking to add it to my list of short positions but 30% shorted flow doesn't turn me on.

    • I just realized this. I'm selling my march puts today and will be trading them in for april puts.

    • ZERO DROP BUDDY! It's not going to happen you crazy lunactic. Go ahead, short it. I love to see it. But I can guarantee you I know more about this company than you ever though of knowing. This is not a good short. Can you believe there were idiots like you saying the same things as you at $10? Look at where they are now. Watch and learn. This stock is not done running because this company is still fairly early in their growth story. You'll see what happens. It's going to be another great quarter, you watch and see. Go ahead and buy puts. I love to see losers like you lose money!

      • 1 Reply to stocktraderjeff
      • Oh man Jeff you convinced me little retail stores packed full of non-selling games and used crap are just getting ready to take off, completely defying the industry making the stuff they sell. It makes huge sense.

        This on-line thing below is a joke too - Jeff you should also buy MOVI and BBI while you are loading up on GME, they are just in the beginning of a huge cyclical move up and only idiots don't know that. They have used movies there as well, which is huge. And boxes because as they said in movies, people will always want to visit stores and look at boxes. So will people always want to go to the mall and talk to a geek to find a game. GO GME!!!!!!

        US computer video game cos. try online distribution
        Wed Mar 1, 2006 7:41 PM ET
        By Lisa Baertlein

        SAN FRANCISCO, March 1 (Reuters) - Video game maker S2 Games plans sell its new title "Savage 2: A Tortured Soul" exclusively through Web downloads this October testing a new delivery system that both independent computer game makers and industry behemoths are trying

    • "Could see 32-38 In a sharp drop.
      Bought march puts.
      In my humble opinion, this stock is deceiving: it went sharply higher against the co's guidance, P/E is too high, and sales are dissapointing. all factors are in for a big drop. The Question: How much a drop, not IF"

      question: why would management increase guidance in January just to fall short in the March earnings release? management would loose credibility, and this would serve no purpose to them or the company.
      if you can give a logical explanation to my question, then i might but some merit into your statement.

      • 2 Replies to blox39
      • my logical explanation to your question:
        not everything in the market of stocks works logically. and than, your logic may be different than mine. thats the beauty of the stock market: you think GME is a GEM, and i think its kakki stock... therefore, i will sell to you, and you will buy from me.
        tomorrow morning, when you wake up and see a price of 20% below, you would know that my logic was right. you will also feel it, if you are long.
        and that is my logical explanation.

      • because they had some "news" to report for christmas and knew it would move stock given short interest, but then admitted in same release that jan was slow...how actually was Jan and feb?
        No PS3, not many Xbox 360's, every publisher sucking wind, retail prices cut affecting used prices....
        Even if you smoke crack with Jim Cramer besides the short covering spike it is kind of hard to get super pumped about this stock...

 
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