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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (206)4/10/1999 6:01:00 PM
From: Ruby  Read Replies (1) | Respond to of 1239
 
I agree...the more hype I hear, the less I like the stock and the more it will fall. I was there when legacy was promoted. When it fell, it went down hard and fast. Nice to see this move but a quick move to 9 is not justified and by the way it always fall before the target. A great short at 8.



To: Rocket Red who wrote (206)4/11/1999 2:57:00 PM
From: Dettmer  Read Replies (1) | Respond to of 1239
 
<< PS With 50mil shares this company is way overpriced >>

Although your contrarian opinion is most welcomed on this thread, it would be more likely to spark a constructive debate if you had checked out a few facts before printing misleading information. GTR doesn't have 50 million shares outstanding. How about half that total?

I also quite agree with Ruby that volatility is to be expected. That may allow you to make a few bucks on the short side if your timing is right. That being said, the long term outlook is positive: GTR has a growing and profitable business in a fast (and vast) growing market - the video game market.

Sure it may end up getting ahead of itself thanks to the Internet buying frenzy. But for those of us who were talking about it 2 weeks ago when it was trading at $1.60-75 the last move to $4.40 is good win.

Good luck on your short selling strategy.