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GameStop Corp. Message Board

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  • johnmr12 johnmr12 Nov 15, 2012 11:14 AM Flag

    sold for a profit

    Nothing wrong with taking a profit. I might have waited for the next CC though because I think the 4th qtr is going to be a blowout quarter that will drive the majority of shorts to cover. Only the most hard headed shorts will stick around after that.

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    • I am up 17% and would not dream of selling until at least after 4Q and then only as profit taking. I probably won't even sell until after 1Q results because of GTA V and continued Wii U availability improvement. My huge fear was 3Q results, and flat or up 2% in an insanely good result after 3Q in this environment right now. I'm not as chicken because I don't think we're actually going over the fiscal cliff. Republicans are going to be damned if they do, damned if they don't, and they won't take blame for destroying the economy.

      Sentiment: Strong Buy

 
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