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21.9% Return Seen to Date on SmarTrend GameStop Call (GME)
[July 13, 2012]

21.9% Return Seen to Date on SmarTrend GameStop Call (GME)


Jul 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for GameStop (NYSE:GME) on April 2nd, 2012 at $22.14. In approximately 3 months, GameStop has returned 21.86% as of today's recent price of $17.30.

In the past 52 weeks, shares of GameStop have traded between a low of $16.90 and a high of $26.75 and are now at $17.30, which is 2% above that low price. The 200-day and 50-day moving averages have moved 0.5% lower and 2.21% lower over the past week, respectively.

GameStop Corporation operates specialty electronic game and PC entertainment software stores throughout the United States, Australia, Canada and Europe. The Company stores sell new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of GameStop.


Log in and add GameStop (GME) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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