Last Thursday GME issued a better than expected Q1, and saw its stock gain more than 4% on the day but has since filled in a bit of the gap. We laid out a bearish trade …
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Retail’s weakness to start 2014 has been greeted by the broader market with a fair bit of complacency. Investors have shrugged off one negative sales report after another with the view that the problems are …
Continue readingGME has been attempting to hold the $45 support level (from December as well as the rising 200 day moving average). The stock was down 8% on Tuesday after news of Sony’s potential new streaming …
Continue readingGME was a stock that we traded on the short side near the end of 2013, mainly with a technical view that the stock had broken down below important support in the $50-$51 area, so …
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