I don't have a crystal ball, but if you look at a 30 day price chart and then look at the latest short interest number, then finally, consider that we are about to enter the prime time for the gaming industry, I am going to say we have higher highs and higher lows on the dips for the remainder of 2012.
On a fundamental basis , GME is going up. Cashflow is being directed towards stock buybacks and the new generous dividend .The company has little or no debt and is a cash machine. The business outlook is positive with new consoles from the major makers. Old games ususally don't play on new consoles , so a new round of games is coming too. And hopefully many of all of these will be in time for the Holidays. This one is a winner and a prime target to get taken out.
Old games usually do play on old consoles. Funny thing, the makers put this in to appease those who kick and scream if they don't, and then, near as I can tell, very few people make use of the feature.