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GameStop Corp. Message Board

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  • johnmr12 johnmr12 Apr 23, 2012 5:32 PM Flag

    I get goosebumps

    I agree with everything except the $60 target price. That's not going to happen, but I'm baffled as to why anyone would choose to short a stock that has zero debt, pays a dividend, and has demonstrated that they buy back shares when the stock gets below $23. Add in the fact that they are literally running out of shares to short, and it just makes no sense when there are hundreds of companies with lots of debt, no cash to buy back shares, no dividend, and below average management. I guess it's possible that they could miss their estimates this year, but I'm betting on them actually beating their numbers.

28.80-1.180(-3.94%)May 27 4:00 PMEDT