Tuesday, April 29, 2008

Will Piracy Take Down GameStop (GME)?

I'm thinking about shorting some GME (GameStop) here for a long term trade. This may be my fundamental thoughts speaking over the chart which for the time still looks like a great long term chart. The reason for this trade is PIRACY. Microsoft, Sony and Nintendo and PC game makers have already begun testing the online video game purchase market as you can't pirate what you are forced to download from the console.

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