Thursday, September 24, 2009

Housekeeping Items - ERTS GME

Gamestop (GME) - Sony PS3 sales have grown 300% since price cut and Nintendo just made a price cut today, cutting the WII to $199! This is great news for GME - too bad I sold at $22 but GME should run to at least $30 given Christmas and this good news.

Electronic Arts (ERTS) - Microsoft just released a press release saying they are NOT interested in buying ERTS. I didn't buy it based on this but on fundmentals. I will add more in scale over time. http://www.reuters.com/article/newsOne/idUSTRE58N1EK20090924

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