Summers over and Xmas is here. Buying Game Group (GMG)

I’m very pleased that I bought Lloyds shares around a month ago and seemed to have timed the purchase nicely. But now I’m selling. I don’t want to ride on the back of a slow drift price slide. This may be a mistake, but as confidence is coming back to the market, smaller cap stocks are set to provide good opportunities. This brings me neatly to the next stock I’m adding to my SIPP.

Game group is a bit of a seasonal stock performer and it has shown some recent price appreciation.  The price is at a low point after a rundown from earlier in the year. So, I’m buying some of these to hopefully catch a price run up to Xmas.

Earnings will be driven by the new games in the Sales pipeline, like Call of Duty and Guitar Hero V,  providing focus to the gaming sector in the coming months when these market bursting games arrive.

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3 Responses to “Summers over and Xmas is here. Buying Game Group (GMG)”

  1. Jon Wade says:

    Video games are big business, and they can only get bigger. As the whole online interaction experience improves, more consoles will be standard in front rooms all over the World. Gaming is the future.

  2. kickass says:

    I see that there are cut price x box’s and new PS3s being released. There are also a slew of new games being advertised. I saw some more adverts on TV last night incl Colin Macrae Rally v2. This share should get a whole lot of support from this and is indeed looking strong.

  3. Rockon says:

    I saw some more adverts on TV last night incl Colin Macrae Rally v2. This share should get a whole lot of support from this and is indeed looking strong. Gaming is the future.

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