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Short City Update: GameStop - cover short

Posted Dec 10th 2009 3:00PM by Joseph Lazzaro (RSS feed)

I'm recommending that investors close their short position with GameStop Corp. (GME), first recommended with a sell rating on May 26, 2009 at a price of $26.00.

The era of the 'frugal consumer' continues: basic games are in, pricey games are out. However, the U.S./global economic recoveries are two tailwinds that could offset the above.

Continue reading Short City Update: GameStop - cover short

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Last updated: May 29, 2012: 02:51 AM

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