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GameStop Corp. Message Board

  • tride26 tride26 Jan 16, 2013 2:53 PM Flag

    Holiday Cycle on GME

    since Auguts 9.2 million short shares were covered.
    i believe it was due to the uncertainty of holiday sales.
    every year from august through the end of yr, short interest declines on this stock.

    last yr short interest increased from 42.5M shares short at the start of January to 64.8M shares short by April.

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    • Interesting information, notice stock climbed $19 to $26 from 3/9 - 4/15 and $28 on 5/27. It could be different this time due to the large $1 dividend shorts will have to pay out and any future news on next generation consoles may cause them to cover. The earnings report last year was on 3/22.

      If the stock gets down to the $19 - $20 range could be a good entry point depending on any news along the way.....

      Good luck.

 
GME
37.86-5.68(-13.05%)Nov 21 4:04 PMEST

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