We have $GME at 97.63% SI % of Float .. it hit 105% in December. It has the highest SI % of Float of any domestic stock with over $$25 million in total short interest. This is possible due to shares being relent over and over again via margin and rehypothication.
Es gibt allerdings auch seltenere Fälle, bei denen das Short-Interest ein Kontraindikator sein kann. Typischerweise korrelieren diese aber mit Situationen, wo der Titel schon massiv korrigiert hat und damit auch markttechnisch "überverkauft" ist. Wenn hier die "Shorties" weiter nachlegen, besteht eine relevante Wahrscheinlichkeit, dass eine kleine, überraschend positive Nachricht nun zu einer Short-Covering-Rally (Short Squeeze) führt, weil die Short-Seller eindecken müssen.
GRAPEVINE, Texas, Jan. 13, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported sales results for the nine-week holiday period ended January 4, 2020.
Total global sales from continuing operations for the holiday period were $1.83 billion, a 27.5% decrease compared to the 2018 nine-week holiday period ended January 5, 2019. Total comparable store sales for the nine-week period decreased 24.7%, following a 1.5% increase in comparable store sales for the similar period in fiscal 2018. Sales results during the holiday period are indicative of overall industry trends impacting the video game industry and driven by an accelerated decline in new hardware and software sales, particularly in the month of December.
George Sherman, GameStop?s chief executive officer said, ?We expected a challenging sales environment for the holiday season as our customers continue to delay purchases ahead of anticipated console launches in late 2020. However, the accelerated decline in new hardware and software sales coming out of black Friday and throughout the month of December was well below our expectations, reflective of overall industry trends. On a positive note, we continued to see growth in the Nintendo Switch platform, which supports our view that our sales will strengthen as new consoles and innovative technology are introduced.?
Mr. Sherman continued, ?Given the deceleration in sales trends, particularly in December, we are adjusting our sales outlook for fiscal 2019 and now expect fiscal 2019 earnings to be below guidance. While we expect the challenges that we faced in the fourth quarter to continue into fiscal 2020, we believe we have the right long-term action plans in place to optimize profitability and increase new revenue streams in advance of new console introductions for holiday 2020. We look forward to delivering progress against our strategy as we move through the year.?
Guidance Update Comparable store sales are now expected to decline in the range of 19% to 21% for fiscal 2019. The Company, while not updating earnings per share guidance at this time, now expects an adjusted net loss for the fiscal year, with adjusted earnings per diluted share impacted by the further deceleration in sales in December. Despite the sales results, the Company continues to manage inventory effectively and anticipates ending fiscal 2019 with inventory down approximately 26% as compared to the fiscal year end 2018. The Company now expects capital expenditures for FY2019 to be in the range of $75 million to $80 million, and forecasts total cash and liquidity, including availability under the revolving line of credit, at the end of the fiscal year to be approximately $900 million.
The Company anticipates reporting fourth quarter and full fiscal year 2019 results in late March.
Webcast of Fireside Chat at 22nd Annual ICR Conference
The Company will webcast a discussion of the business by George Sherman, chief executive officer, and Jim Bell, chief financial officer, at the 22nd Annual ICR Conference. The event will take place on Tuesday, January 14, 2020 at 10:30am ET. The fireside chat discussion will be available live and for replay on GameStop?s investor relations web page at http://investor.GameStop.com/.
In meinen Depots läuft es im neuen Jahr erstaunlich gut: Heute Signet Jewelers (SIG) +43%, weil 32% short sind/waren.
Signet hätte auch gut ins https://www.wikifolio.com/de/de/w/wfsqueeze1 gepasst. Da hab ich aber fast nur noch US-Aktien drin, die keine Dividende zahlen, weil die US-Dividenden im wf seit Monaten nicht mehr berücksichtigt werden können, es gab m.W. rechtliche Probleme. Aber z.B. kanadische Dividenden gibt es da weiterhin.
Zu Zeiten der Bankenkrise konnten Nachkäufe ruinös sein, aber nun verhindert offenbar der Niedrigzins eine Baisse und Rezession. Die EZB darf gerne weiter die Zinsen senken, also mathematisch absolut gerechnet, denn relativ ist z.B. von -1% auf -2% +100% oder eine Verdoppelung. Dann tilgen sich Kredite bald von selbst und jeder wird kreditwürdig. Karl Marx wäre begeistert.
-------------------------------------------------- Why do you think management buying 182 million dollars shares back in Trailing 12 months ? It is because they think the stocks are under valued. --------------------------------------------------
in diesem Invest setzt man auf Rot oder Schwarz.. Rot= Short squeeze durch neue Konsolen Generation( Umsatz und Gewinn-anstieg) und Neuausrichtung des Unternehmens Schwarz = Totalverlust der Investition durch, keine News vom neuen Vorstandsvorsitz und keine Umsatzsteigerungen nicht zu vergessen die Rück-Zahlungen in den nächsten Jahren der Anleihen..
Bin unentschlossen .. habe aber eine kleine Posi auf Rot
By our measure, GameStop Corp. (GME) is the most heavily shorted stock in the market with a reported short interest at 99% of its common shares. Indeed, multiple data sources including Yahoo Finance confirm the same amount. One explanation for how it's possible that the short interest can equal nearly all existing shares is that the stock held by institutions is loaned through a securities lending program. In this scenario, a corresponding buyer of those shorted shares subsequently lends the shares again, and those same shares are shorted multiple times.
For GME the scenario is even more interesting as the company has been active in buybacks which further reduces the share count. The company has been challenged by the market, a transition in video games away from physical disks to digital content resulting in declining sales. The company has responded by retrenching and closing underperforming stores. Given the short interest data, a potential turnaround by the company with better than expected results could set up a major short squeeze if short-sellers are ever forced to cover. Short sellers at this point are betting that the stock will eventually go to zero. It will be interesting to see how this one plays out.