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GameStop Corp. Message Board

  • aadaytrader aadaytrader Jun 21, 2012 7:55 PM Flag

    GME is at all time lows...

    Well, I used to trade GME years ago and all of a sudden I stopped trading it and forgot all about it. Now I was browsing through some old trades and remembered about this one. Back then the stock was cheap as hell trading at $21-23. But today trading at $17 levels? Common... This is a no brainer. 52 week low. P/E of 7. A 3.3% yield dividend. Are you kidding me? Price target of $25 bucks. Insiders buying shares. This stock is way over sold, over shorted and it's a matter of time before it shoot straight up. It trades very low volumes which means that all we need is one big volume day on a big market up day and this baby flies. I think alot of people aren't paying attention to this one. Great business model. The video game market will be around for years to come. Amazing that this stock is down at these rediculous prices.

 
GME
41.24-0.54(-1.29%)Jul 11 4:01 PMEDT

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