From a Gamedump Manager:
"The Gamestop trade-in business is based on on key tenet; we hardly turn down ANYTHING. For all the rage and screaming we take from people getting one dollar for years-old Madden games, you need to remember one key fact; we are taking in games that are often unlikely to EVER resell.
Most trade-ins we ever receive are not recent or desirable games. We take games in awful shape, without original cases, and that are years-old and so saturated that they will never, ever sell. Every gamestop is drowning in used Madden NFL 2001-2007's as we speak. Old sports titles have no resale value, and we offer a small amount for them with the understand that we will probably never make that back on its sale. The point here is, simply, that there is no sense in decrying Gamestop's trade-in values for games that you are unlikely to sell anywhere else."
Your the Moron. No, you are even more stupid than a moron. The recent GME dip gave all us longs an opportunity to back the truck up and get more. Read the charts, read the analysts reports, do the math. This stock is on it's way to 60-70 and then another split.
Why is it that you shorts climb out from under the rocks with each stock dip and then when the stock gooes back up you guys are silent?
Go somewhere else to bash stocks. Can you name 1 retail stock that has done better in the last several years? Enough said--go away.
I have been short this pig a month. GME is DOWN 15%. I am also short several other pump and dumps.
My biggest Short position is DRYS. DRYS down 9% yesterday, DRYS down 50% for the month.
So yesterday I did great. GME is not attracting new "investors" aka suckers, so it will linger then get slammed. I am just waiting.
GME is a fat retail pig waiting for slaughter. I am just waiting for my port dinner. yummy!
Wrong again. they send product where is sells, basic sales mix review. they alawys move product around, in the global picture those old games are sold in poorer areas thus satisfying that customer and increasing both profit and margin. If what the alleged manager said was true every other retilaer wouldn't have tried (and failed..) to reproduce their trade/sell model. Just sell me your shares
I am sure you believe what you are saying is true.
But it does not matter. As soon as the GME story wears thin and no new money come into this pump and dump stock, we will enter into Phase II. Phase II is when the hedge funds and funds unload and GME gets crushed.
Ref: JSDA, CROX, HLYS, DRYS same rhetoric from retail bag holders until the stocks got crushed in one day.
Go to DRYS now and listen to the pain. One guy like you posted about losing his house as he cannot make payments.
DRYS is down from $130 to 74 in a month.
Tell you what's fun. Looking at the car parked in my driveway, paid exclusively from this stock and being long on it. Also my 65" HDTV...
I wonder what I can buy today....look it's up again...
Fact: I like this stock...cha-ching!
"Fact: I have made tons of money long on this stock and will continue to do so in the very near future and into '08."
Sure, like Enron, Croz, HLYS, JSDA, etc... pump and dump. You just think we are still in the pump phase.
"Fact: While you keep talking about this month, I keep asking you about YTD this year, last year, etc and you NEVER discuss, beacuse you know better..."
<yawn> I did not get short this pump and dump a year ago. I am short since a month ago. When the insiders dumped almost all their shares.
"Fact: the company is extremely profitable despite the effect on wall street after the call."
WRONG, GME P/E is EXTREMELY HIGH compared to other VG retailers.
"Fact: they upped their guidance for Q4, but did nto meet what some analyst expected. We all know they are going to beat anyway."
WRONG. The stock is a pump and dump.
"Fact: You need be a realist. This stock has performed extremely well."
Sure, just like other pump and dumps. JSDA, CROX, HLYS and now GME.
I am just waiting to capitalize more on the dump phase. You think this pumping is going on until 2008? You are a fool. I hope you have a several billion to "invest". You are perfect, but I will side with the insiders of GME.
"Last Fact: Try as you may you are not convincing anyone with your junk."
I am more interested in watching all the fools, who still believe in this pump and dump defend it. It is great fun. Take a look at my CROX posts prior to the collapse of the CROX share price. They are just like you, same spam, same defense "earnings, earnings,", "next quarter", "blow out sales"... but then CROX lost 34%, HLYS lost 50% in a day and most shut up. But their were some like you that held on.
Now their message boards are quiet. All the longs know they were played for fools, so will you eventually.
Fact: I have made tons of money long on this stock and will continue to do so in the very near future and into '08.
Fact: While you keep talking about this month, I keep asking you about YTD this year, last year, etc and you NEVER discuss, beacuse you know better...
Fact: the company is extremely profitable despite the effect on wall street after the call.
Fact: they upped their guidance for Q4, but did nto meet what some analyst expected. We all know they are going to beat anyway.
Fact: You need be a realist. This stock has performed extremely well.
Last Fact: Try as you may you are not convincing anyone with your junk.
I was here and Short GME through earnings, review my messages.
GME is down 5% since earning, review the chart
GME is down 18% this month, review the chart.
GME insiders have dumped $1.39 billion in 12 months, review the insider selling.
You are an idiot and have been played a fool in a pump and dump stock, review your life and position.