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GameStop Corp. Message Board

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  • cojureone cojureone Sep 28, 2012 3:18 PM Flag

    Latest GME Short Positions has decreased since the last reporting period.

    Yep, and with the new Wii-U coming out and having physical media and low storage space, Gamestop profits are pretty much guaranteed if you can hold this stock until mid-March and enjoy the high dividend until then. Did you guys notice what happened in March 2007 after the first Wii came out? Not only did GME more than double, but it doubled DESPITE a stock 2:1 split! That's like quadruple price action. I'll be VERY happy with a 50% gain, nevermind 400%. :) Shorts don't understand the cyclical nature of this business. It's not bloody Radio Shack! LOL People may say the next gen consoles aren't out yet except Wii U, but I think that's irrelevant, because the Wii outsold both other consoles combined by a 3 to 1 ratio in the US.

    Sentiment: Strong Buy

 
GME
43.56-0.56(-1.27%)Jul 2 4:01 PMEDT