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GameStop Corp. Message Board

  • varchild2010 varchild2010 Nov 28, 2011 7:14 PM Flag

    Whose Winning? Longs or Shorts

    Since JIM CHANOS and the SHORT SELLER GANG
    pummelled Gamestop from $63.30 to about $17.13 a share in a massive SHORT SELLING SPREE that lasted 3 years... (late 2007 to about August 2010).

    Whose winning now?

    (GME) closed today at $22.36.

    Given that it fell from $28.66 back in March, one would quickly say the SHORT SELLERS are winning.

    Hmm but are they?

    At this time last year Gamestop was: $20.50 (Nov. 26th, 2010).

    This is a climb of $1.86.

    That may not seem like much but it translates to a double digit share price gain year over year.

    Another fun thing about the technicals of Gamestop is while everyone that spoke out against Gamestop kept decrying, "GAMESTOP IS GOING BANKRUPT,"

    if you pull up the March 10th, 2011 to present chart you will see that consistently the stock has produced higher lows.....

    8 months straight of producing higher lows!

    If on March 10th, 2011, GOD came down and pointed out a stock to you that was going to have higher lows for at least the next 8 months....I think you'd be a buyer of that stock.

    Hmm.. November 29th, 2010 saw shares drop to $20.12.

    But, after hours shows (GME) up 15 cents to $22.51. We may see this GME stock march its way to 15% gain year over year or stronger by year's end.

    Then of course is the January SWOON. Not sure if we will see a major SWOON in share price like in Jan. 2011, but that should be monitored.

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    • Honestly, your writing style is the hardest to comprehend I've ever seen. Every sentence a paragraph. Random capitalization. You write like you are talking to yourself and It reads like a manifesto. Random facts pulled from areas of time where it only makes Gamestop look good. If you want people to buy the stock you should just be honest and look at the good and bad instead of ignoring any bad and not support all your statements with heavily manipulated technicals and propoganda.

      • 1 Reply to Thorman_js
      • You sound exactly like that grammar professor at Motley Fool that throws fits at my writing style Thormann.

        But, considering this isn't a dissertation or a monthly sales report for a fortune 500 company, but is instead a Yahoo Finance message forum...

        I see no need to abandon my stream of consciousness style mixed with transcendentalism plus a dash of struggling mightilly with touch screen cell phone controls and annoying autocorrect....

    • bodi36@ymail.com bodi36 Nov 28, 2011 7:56 PM Flag

      Very nicely put varchild. I am still long on gamestop and have been for a whiles now and just wish I had more money to buy some more at these cheap prices.

 
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