05-23-2014, 08:29 AM
Gamestop (GME) announced some really strong earnings for the first quarter yesterday and the stock is up around 5% so far in pre-market trading. The stock has a high short interest at about 27% of float, it could be an interesting day.
I'm currently down a couple of percent on my purchase. The stock is dirt cheap when looking at its cash flow and earnings. Their expansion into mobile phones and Apple stores should provide solid growth going forward as well. Their investor day presentation is well worth a look if anyone is interested in the stock.
I'm currently down a couple of percent on my purchase. The stock is dirt cheap when looking at its cash flow and earnings. Their expansion into mobile phones and Apple stores should provide solid growth going forward as well. Their investor day presentation is well worth a look if anyone is interested in the stock.