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Varchild2008 (84.03)

Varchild issues his opinion on GME



November 12, 2009 – Comments (3) | RELATED TICKERS: GME

Based on sales of Uncharted 2, Call of Duty, Guitar Hero, Tekken 6, and many other HOT HOT HOT titles this Holiday Season....

GME is a gigantic....SUPER..... OMG!   BUY...

DISCLOSURE:  Varchild doesn't own any shares of GME or ever plans to own them due to owning shares of 3 Video Game stocks (ATVI), (GAME), (CYOU).

P.S.  I would absolutely buy GME right here right now..... Yes... I know Goldman Sachs lowered their opinion of GME.   This is not what it seems.   GME is still a BUY... It's just not a conviction list BUY.

I am here to say that the Goldman Sachs analyst is absolutely correct to lower their opinion because they did not do it in such a way to suggest GME is a HOLD or SELL or Strong Sell...
But in a way to caution investors over getting to bullish on Holiday Sales.  Besides... Goldman Sachs does this type of thing all the time... They downgraded (DPS) off the Conviction Buy List before Q2 earnings came out entirely based on stopping the GREEDY buying spree on the stock....AND NOT downgrading (DPS) because it is a bad stock.

Same goes with GME.... No one is bashing GME here as a bad investment except for JIM CRAMER who isn't a video gamer.

Well?  With Call of Duty's performance being super super super hot......beyond expectations of ATVI and the most optimist analyst...

The end result is GME is what must be bought if you wish to get into the video game sector.

In short.... JIM CRAMER = WRONG!

NERDS have united and just as you don't fight the FED..... You don't fight the NERDS.
Us NERDS will kick your behind.

P.P.S.  I personally bought Tekken 6 $150 limited version with fight stick + Metroid Prime (Wii) at Gamestop this quarter.

3 Comments – Post Your Own

#1) On November 12, 2009 at 10:04 AM, maxnik0215 (76.48) wrote:

maybe Kramer buys all his games through Steam, like I do... lol

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#2) On November 12, 2009 at 10:35 AM, anticitrade (98.29) wrote:

I considered buying "Borderlands" through steam, but I still like having a physical copy of the game.  Consequently, I went to 9 different game stores in my area trying to find this game (the day it came out).  I finally had to give up and send my wife to get it for me the next day at a Game Stop in a neighboring city.

Take aways from my story:

1)  I was willing to drive around for 3 hours to have a physical copy of this game vs a digital one.

2)  I probably need to re-evaluate my priorities.

3)  Game Stops are head and shoulders above anything in my area for gamers.

Disclosure:  I currently own shares of GME and hope everyone blindly follows my opinion so I can net me a nice return on this investment.  (So I can then buy more video games from Game Stop and help your net a nice return on your investment)

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#3) On November 14, 2009 at 9:57 PM, memoandstitch (< 20) wrote:

I think Gamestop's idea of selling digital downloads in their stores will work well especially when credit card companies are closing credit card accounts by thousands.

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