Friday, April 24, 2009
GameStop (GME 30.50)
No matter the itch, don't scratch it, stay disciplined. This is THE difference between the individual investor and the pro. GameStop is inching North, beyond the $30.50 limit we've identified, but it's doing so on little volume. This move higher must be with conviction or no deal. What's the worst that can happen. We miss out on the next move up in the stock? Nah, it's all good, we currently have an underweight position.
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