Fri, Apr 18, 2014, 5:26 AM EDT - U.S. Markets closed for Good Friday

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
  • bluestarromeo bluestarromeo Nov 27, 2012 1:30 PM Flag

    Special Divi Hopes - Sqashed!

    In it's history, since 1994, GME has only been above this general price area for less than two years (2007-08). The financial environment is WAY different than 2007 and frankly, GME's business model is much less "sexy". I wouldn't count on things going back to how they were then. I wouldn't count on the 4% dividend once competition and business get sketchy. Apple is still opening stores. Closing 200 stores is a BAD SIGN. Good luck with your investing and trading and enjoy the short squeeze while it lasts.

    Sentiment: Sell

    • Romeo, what short squeeze are you talking about? On August 1st, the stock was about $16 and the short interest was 49 mil shares. Since that time, the short interest is down to 43 mil, and the price is $27. So, the stock went up 68% and the short interest went down 12%. The short squeeze will happen when short interest goes down 68%. Where do you think the stock price will be then? That's when I will be enjoying the short squeeze, and will probably cash out with a very nice profit. That might be the time to short, but shorting now is insane.

 
GME
41.47+0.73(+1.79%)Apr 17 4:00 PMEDT

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.
Weibo Corporation
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT
KeyCorp.
NYSEThu, Apr 17, 2014 4:01 PM EDT
Advanced Micro Devices, Inc.
NYSEThu, Apr 17, 2014 4:00 PM EDT