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GameStop Corp. Message Board

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  • badericclay badericclay May 7, 2012 9:50 PM Flag

    GME cheaper then ever. 2x EBITDA ex-cash!

    haha, I agree with what you say even though you're flaming on here. The long term for GME looks good, even if worst-case scenarios come true and the company has a lifespan of 2-3 years. GME will generate enough cash to take itself private. Best case scenario... it survives and all those brave shorts are forced to cover. Though the personality of a short tends to be arrogant. They won't cover until they absolutely must and that time could be far off yet. The short term for GME could get ugly if GME management doesn't kick in some of that $500 million they plan to use for repurchases--definite a safety net for longs!!! GME cash flow per share is also at an all time high.

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    • I'm certain they're buying shares today. If trends remain consistant, the stock will have a small run up to earnings release. Then, everyone will end up finding 862 faults in their earning statement. Then the stock will come back down again. Wash, rinse, repeat....

      Plus, I'm sure that the next NPD numbers will drive the stock down as well. I dream of a day that there will be a buyout of some sort.

 
GME
46.10+0.05(+0.11%)Jul 24 4:01 PMEDT

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