Comments on: Technical Analysis Continued: GameStop (GME) http://investingadventures.com/2007/12/technical-analysis-continued-gamestop-gme.html Having Fun with Options Tue, 16 Feb 2010 18:39:14 -0700 http://wordpress.org/?v=2.9 hourly 1 By: Jorge http://investingadventures.com/2007/12/technical-analysis-continued-gamestop-gme.html/comment-page-1#comment-1198 Jorge Mon, 24 Dec 2007 16:40:26 +0000 http://investingadventures.com/2007/12/technical-analysis-continued-gamestop-gme.html#comment-1198 Normally, I'd worry about the fundamentals as well. While I think regardless of your trading style you need to have a bit of both technicals and fundamentals, I'll let the market makers decide when a stock's become fundamentally overheated. I used to trade based on fundamentals and I was burned badly. If the market makers say GME's fundamentally hot, I'll see it on the charts and run like the wind. I agree though. Sooner, rather than later, we'll see more and more digital distributions which, at least I would think, could help lower the costs of games somewhat. I know some places such as Digital Downloads have popped up, but I couldn't see paying full price for a game plus a downloading fee when I could go to the stores and pick up the game for the exact same price with the original CD and other goodies. Normally, I’d worry about the fundamentals as well. While I think regardless of your trading style you need to have a bit of both technicals and fundamentals, I’ll let the market makers decide when a stock’s become fundamentally overheated. I used to trade based on fundamentals and I was burned badly. If the market makers say GME’s fundamentally hot, I’ll see it on the charts and run like the wind.

I agree though. Sooner, rather than later, we’ll see more and more digital distributions which, at least I would think, could help lower the costs of games somewhat. I know some places such as Digital Downloads have popped up, but I couldn’t see paying full price for a game plus a downloading fee when I could go to the stores and pick up the game for the exact same price with the original CD and other goodies.

]]> By: JC http://investingadventures.com/2007/12/technical-analysis-continued-gamestop-gme.html/comment-page-1#comment-1165 JC Sun, 23 Dec 2007 21:08:08 +0000 http://investingadventures.com/2007/12/technical-analysis-continued-gamestop-gme.html#comment-1165 well nobody could argue with the gme chart's consistent uptrend, no alarming spikes, but the fundamentals concern me. PE 44 and peg @1.8... that seems hard to sustain for a retailer, no matter how hot the product they're selling is. the long term trend for all media is digital distribution, that leaves for low barriers to entry and distribution by the game makers themselves. well nobody could argue with the gme chart’s consistent uptrend, no alarming spikes, but the fundamentals concern me. PE 44 and peg @1.8… that seems hard to sustain for a retailer, no matter how hot the product they’re selling is. the long term trend for all media is digital distribution, that leaves for low barriers to entry and distribution by the game makers themselves.

]]>