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GameStop Corp. Message Board

  • jonzkelleeyz jonzkelleeyz Nov 15, 2012 12:23 PM Flag

    december PUT volume tellz thu whole storeey folks. thanx 4 thu incredible short here


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    • Jon, I hope you are shorting for a quick profit and not listening to the people who are telling you that GME will be out of business soon. This stock is certainly not going straight up, and will have down days along with the rest of the market. But when the numbers come out for the 4th qtr, it will become obvious that GME isn't going anywhere anytime soon. The CEO pretty much told everyone during the CC that the $20 price range triggers the buyback. So, I will keep some money available in case you guys can short it down that low. Keep something in mind, GME never seems to miss their guidance, and they are guiding $3.10-$3.30 for 2012. If they come in at the low end, a share price of $24 gives them a trailing P/E of less than 8. A stock that pays a 4% dividend with a P/E of less than 8? Have you considered BBY? They have over 2 BILLION in debt, are LOSING over $3 a share, and really have no plan to change their business model. Thats where you should be shorting.

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