Thu, Dec 25, 2014, 2:48 AM EST - U.S. Markets closed for Christmas

Recent

% | $
Quotes you view appear here for quick access.

GameStop Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • johnmr12 johnmr12 Oct 5, 2012 2:25 PM Flag

    XMAS SALES FORECAST

    Nothing personal but investing everything in one company is crazy. As for a short squeeze, I'm not sure it has started yet. The short interest was about 49 million shares in mid July, and got reduced to 45 million shares by mid sept. The price went from about 16.50 to about 23. It will be interesting to see what the short interest is as of the end of Sept. If it is still above 40 million shares, the squeeze may be down the road, like if they beat estimates for Q3 and guide higher for Q4. There will always be at least 10% of the O/S short, which is about 12 million shares. But that leaves about 30 million that may want or need to cover.

 
GME
33.39-1.24(-3.58%)Dec 24 1:01 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.