Varchild2008 (84.39)

Varchild (nerd) Reveals his GAME stake + Wide Buy price points

September 28, 2009 – Comments (6) | RELATED TICKERS: ATVI , EA , THQIQ

GAME dove to $11.13.  I immediately pulled my hair out I was so excited....

I went and dumped a stock in my portfolio completely...not that the stock wasn't a good investment....But man... I AM  A NERD!!!   NERDS buy Video Game stocks....

So anyhow...  

On IPO day.... I used my paycheck to buy 50 shares of GAME at $12.32.  A small stake to set up a Wide Buy on the stock.

I then....dumped...out of a stock I didn't like as much as Video Games...or Dungeons and Dragons...I love Dungeons and Dragons and my +3 Katana of Lightning can kick your Mages...erhm..

Anyhow... I have 155 total shares now after having bought 105  (more than twice my previous stake) in GAME at $11.13.

Now I can just sit back..relax....and watch the stock price action going forward.

Should it drop to a 9 handle....I'm Wide Buying  TWICE my stake to 310 total shares...

Drops further to say 6 handle?  I'll have 620 shares....

My expectations are that this hovers between 12 - 13 until we get an earnings report + peek at the balance sheet.

SNDA....Look at SNDA.... Last several quarters...ALL EARNINGS BEATS.....ALL OF THEM....

Going forward GAME shall beat earnings estimates way more often than it doesn't given the amazing track record from the SNDA management team.