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GameStop Corp. Message Board

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  • birch981 birch981 Feb 6, 2013 2:55 PM Flag

    Lawsuit

    No news? There were at least two upgrades one from S&P with a buy rating and $28 target. Other news TTWO knock out quarter. EA releases Dead Space 3. Ouya release date.

    Usually stocks move on upgrades and downgrades from analysts.

    Now there is a rumor based on "unnamed sources". This rumor has come out at least twice for next gen xbox and ps in the last two years. This isn't the first time this rumor has come out and nor is it the first time this rumor has come out for the next gen. The same rumor was circulating in 2004 for PS 3. The drop would be justified if it came from the horses mouth, not a blog.

    Other celebrities have won lawsuits based on rumor libel suits and I think GME should explore this option.

 
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