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Varchild2008 (83.74)

Jim Cramer. "GET IN THE (GAME)"

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September 25, 2009 – Comments (6)

Ok Jim... You have your precious Giganto-Debt  Select Med....  I got my (GAME).... Delicious shares of GAME...

Granted... I could only scrounge about $630 worth of an investment.  However, I have the weekend to see if I can find more cash to throw at GAME.

Absolutely THRILLED at the price I was able to get GAME for... The thing dove 5% almost immediately after the initial spike to $13.00 once it debuted...  Now the thing seems to be looking to produce an overall gain from the $12.50 initial pricing of the shares.

I *laugh* at the idiocy of people thinking 12.50 is the high end of expectations.  The problem with that is what expectations?? what?  How can anyone expect anything out of GAME at this time?

What I mean is they just bought a developers back in July....   This company has plenty of room to grow.... There's a major Video Game conference coming next month in China.... There's just way too many if, ands, buts, whats, what the hecks...   That's the *confusion* us investors get when we dive into an IPO.

Sorta like I how bought DPS on that company's IPO and watched the shares dive into the abyss.
But, now DPS has recovered and trades well below any price I ever paid for DPS.

The thing with GAME...  Is that it has obviously a solid management situation since SNDA  "Shanda Interactive" is obviously a solid company that has grown itself quite nicely over the years.
This really is just a Christmas Gift SNDA just handed us NERDS today.

I'm glad to be part of the Ribbon Cutting Ceremony.

6 Comments – Post Your Own

#1) On September 25, 2009 at 11:30 AM, Varchild2008 (83.74) wrote:

Oops! TYPO...well..several...typos... They bought 1 Developer I believe back in JULY.. Not Developer(s)...

DPS trades well ABOVE not below what I ever paid for the stock.

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#2) On September 25, 2009 at 12:11 PM, Chromantix (97.78) wrote:

I got my GAME on!

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#3) On September 25, 2009 at 12:17 PM, chk999 (99.97) wrote:

You had me wondering there.

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#4) On September 25, 2009 at 2:37 PM, Varchild2008 (83.74) wrote:

lol...  I'm just GAMING the system by buying shares of GAME!

Cause I have my GAME face on....

Anyhow....I'll be very interested in October's China conference as this stock could be very volatile..it already is....until there's a recognizeable catalyst to rebound the stock.

I think the catalyst is already there in that I don't see what if any debt the company has... Of course it's early and until we get an earnings report it is difficult to know what the balance sheet is.

But, that's the fun of jumpin on an IPO.

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#5) On September 25, 2009 at 4:48 PM, PdoBear (< 20) wrote:

I lost. But enough about The Game. For the Game and anyone else with a tattoo of Easy E on his forearm, here's the play:

RIMM and the "Mobile Internet Tsunami". Trademark of Cramerica. Buy RIMM because Jim said he had connected the dots. He said I should jump in even if it went down on Thursday. That would just give me a better entry point.

So far it has dipped about 26% since his recommendation two days ago. Ride the wave Cramericans.

 

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#6) On December 31, 2010 at 4:11 AM, HARE90 wrote:

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