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GameStop Corp. Message Board

  • buybackerer buybackerer Apr 19, 2013 8:51 AM Flag

    Don't want to spoil the party

    but it's starting to look like GME is overbought . Th stock has been touted and traded like a stable large cap . The only stable thing you can expect from this company in this industry is the dividend . And that may be a good enough endorsement . Unfortunely , the market trades on earnings and revenue reports , and GME is priced for perfection. One slip and this thing will head to the woodshed. Thus is the stockmarket . One day you're the darling of WallStreet and the next the dog. What should you do ? If you're trading , sell. Why ? We're heading for a rough patch in the market in general , maybe a 10% correction. If you are an investor , get ready for the rollercoast ride . But you will be rewarded by this one , in the longterm . Why? Management is committed to shareholders like few companies , buying back shares and paying out an ever increasing dividend and a generous one at that .. Management is currently active in reinventing the business model and it appears to finally be paying off. The strategy is to move more business to digital and online . It's a win win since the new initiative has minimal overhead and thus is much more profitable than the retail store model. It looks like this has a long way to run with some big bumps in the road if you are a longterm investor.

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