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GameStop Corp. Message Board

  • ogilvydog ogilvydog Nov 16, 2012 7:19 PM Flag


    WiiU launch Sunday will mean another big day of upward movement Monday for the stock price. I believe that 27 is the key breakout point when the shorts will start to fold up the tents. Then a move to 33 is possible if we see 40 million shares run for the exits. Who the heck would hold this short with Call of Duty going to a billion dollars in sales by early December. Given GME's marketshare, a December upward revision is likely if WiiU outpaces expectations. Even 33 is cheap for this stock at just over a 10 price to earnings ratio. I believe they will make 4.00 per share in 2013 when every quarter will seem like it includes Christmas. Good luck to all you shorts, no one any longer believes the "Game Over For Gamestop" stories anymore, so please give up on the gloom and doom "this is blockbuster all over again" nonsense and jump in with us longs who will be counting money all the way to the bank.

    Sentiment: Strong Buy

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25.01-0.10(-0.40%)Oct 21 4:01 PMEDT