Thursday, August 21, 2008

New Position - Gamestop - GME

Gamestop dropped about 6% even with a good earnings report. With new games being released and the Christmas season coming soon, I feel good about Gamestop the last 2 quarters of 08 and opened a position Thursday.

GME BTO 300 shares @40.94 ($12,292.95)
STO 3 40 Sep 08 @2.80 Income $827.04
If Exercised 4.26% Net, Monthly 4.57%, Annual 55.58%

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