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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

01/12/16 at 8:54 AM CST

 

 

READ: 4

RPLY: 0

0

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RECS:0

Sentiment:

Neutral

GME holiday update

GME holiday update out, looks OK, stock plunging 10% after it though which seems excessive. At this rate my short $27 puts may not be the slam dunk I expected. They have narrowed the Q4 guidance from $2.12-$2.32 to $2.19-$2.25, and SSS narrowed from -1.0 to +6.0%, to +2.5% to +4.0%.

"PlayStation 4 and Xbox One combined new software sales increased 38% compared with the prior year holiday period"

investor.gamestop.com/ph...128520

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