Wednesday, March 23, 2005

GameStop's shares rally after Q1 forecast, Q4 results - Retail - Earnings - Company Announcements

GameStop's shares rally after Q1 forecast, Q4 results - Retail - Earnings - Company Announcements

Congratulations to Kupsky for a great Stock of the Week pick. GameStop fits a number of criteria we use to select stocks. The bottom line is that the stock is under appreciated. Today's numbers may serve to start changing the opinion of the market. It is interesting to note that ERTS just reduced guidance and took a huge hit. The stock was down $11 per share yesterday while GME announced that retail sales of games were strong last quarter.

Stocks that make such a sharp earnings turn usually continue to improve. Kupsky will do an update article on all of our Stock of the Week selections. Please note that all selections are made for educational and entertainment purposes. We are not stock analysts but we enjoy making money in the market.

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