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GameStop Corp. Message Board

  • johnmr12 johnmr12 Mar 22, 2012 10:48 AM Flag

    I know one person who is short

    Rick Munarriz, and he writes for the motley fools. What a fitting name. He tried to spin this report into some horrible scenario, totally ignoring the company guidance for 2012, not to mention the increased share buyback program. Lots of companies "authorize" share buybacks, but these guys actually do it. They are guiding for about $3.30 eps for 2012, NOT COUNTING ANY ADDITIONAL SHARES THEY BUY BACK IN THE NEXT 9 MONTHS. Who on earth would short this stock now? The biggest mistake short sellers are making is not giving management enough credit.

 
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