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GameStop Corp. Message Board

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  • francozampetti francozampetti Oct 5, 2012 2:20 PM Flag

    XMAS SALES FORECAST

    Woah there little buck-a-roo. Don't soil your undies. Keep in mind that analysts are already figuring a sold out WiiU into their estimates. The only way that they could really crush their estimates would be if they could get their hands on more supply of consoles. I think Nintendo will be conservative plus, they only have so much manufacturing capacity even if it was a runaway hit. The best thing that can happen is to continue to see a good run up in the stock price. But, more importantly, get some shorts caught for big losses. There are a ton of shares short and, they have a lot of time to cover their position when they see a rise in price. But, if the stock jumps 2-5% every other day, then they'll panic and cover. Problem is, it has a nice run up then an almost equal run down. Almost in a predictable pattern. Maybe now in Q3/Q4 they could break that pattern. It would take a run that surpasses $27 to really get it going strong. Let's hope it does!

    Sentiment: Strong Buy

 
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