Behind the Overstock.com Inc. Rocker and Gradient Lawsuit Story -12/08/09 at 9:27 PM CSTby Judd Bagley

Today, short-selling hedge fund Rocker Partners paid Overstock.com $5-million to settle the lawsuit filed against them in August of 2005. Rocker Partners also entirely dropped its own countersuit. Overstock.com (NASDAQ:OSTK) CEO Patrick Byrne is a frequent contributor to DeepCapture.com. This is a major victory, not only for Patrick and Overstock.com, but...

Gamestop Inc. Has Favorable Trends Based On Available November Sales ... -12/07/09 at 9:55 AM CSTby Joe Matty

As we approach the dissemination of November NPD data, let's look into VGCharts sales number estimates. It may help prepare us for what's coming for GameStop (NASDAQ:GME). Part I - November Numbers (1st 3 weeks of 2009 vs. 1st 3 weeks of 2008) + Analysis Below are my findings in three comparisons (Top 20 games, Top 10, Bottom 10 of top 20). Sum of Top 2...

J.T. Marlin Raises Price Target on Amazon.com, Inc. -11/25/09 at 11:25 AM CSTby Peter York

J.T. Marlin today raised its price target on Amazon.com Inc (NASDAQ:AMZN)., from $120 to $500, citing valuation. J.T. Marlin analyst Abbie Halpert joined dozens of sell side analysts in recommending  popular Amazon stock for their clients: "It is the middle of the day today and it has not moved up.  In fact it is slightly down, and we find that ...

Credit Suisse Analyst Raises Outlook on Gamestop Inc. -11/25/09 at 9:30 AM CSTby Perry Rod

Credit Suisse analyst Gary Balter, who earlier this year raised alarm about Gamestop Inc. (NYSE:GME) when Amazon Inc (AMZN) announced a move into the used game business, is now raising his outlook for Gamestop's fiscal year ending in January.  Balter raised his 2009 earnings per share estimate from $2.46 to $2.54 and his 2010 estimate from $2.70 to $...

Gamestop Inc. CEO Suggests 2010 Growth Modeling Expectations Are High... -11/19/09 at 10:18 AM CSTby Perry Rod

In response to a question about possibly having another 20% year over year software growth year as seen for the company in 2008, Gamestop (NASDAQ: GME) CEO Dan DeMatteo said in a conference call with analysts that Gamestop's early expectations for 2010 growth is not for 20% but rather for "strog single digits to maybe low double digit growth." Analysts e...

Can Apple Inc. Grow its Earnings by 37% Annually for the Next 10 Years? -11/16/09 at 9:22 AM CSTby Dhananjayan J

ANALYSIS: In using reverse valuation by a discounted cash flow model with a price level of $185 as the base with Apple Inc (NASDAQ:AAPL), at the current price, Apple should grow its earnings by 37% annually for the next 10 years with terminal growth of 3%. Now, the question of course is, can Apple grow by 37% annually? With high probability, we feel it is...

Gamestop Inc Will Die, They Say, But Publisher Actions Speak Louder T... -10/29/09 at 12:54 PM CDTby Perry Rod

Gamestop’s closest U.S. comparable is Best Buy (BBY).  Analysts for Best Buy Inc. are predicting an 8% year over year EPS growth rate.  Based on current trading prices, BBY trades at a P/E ratio of around 13. Meanwhile, analysts project a 14% year over year EPS increase at Gamestop Inc (NYSE:GME).  With higher analyst growth expectati...

California Lawmakers Try To Sneak in Sales Tax on Amazon.com Inc. and... -10/22/09 at 9:22 PM CDTby Perry Rod

The Sacramento Bee reported today that California’s Democratic lawmakers and Republican Governor Arnold Schwarzenegger are working on putting in a version of the so-called “Amazon tax” into a large new California tax bill.  New York has a similar law in effect today. Amazon.com Inc. (AMZN) began collecting sales tax in New York in J...

NPD Results Delayed for Gamestop Corp, Activision, Take Two Interacti... -10/15/09 at 5:27 PM CDTby Mahyar Hashemi

Video game investors will have to wait a couple more business days to see September's NPD results for video game software and hardware sales.  "We have just released a communication to our clients, explaining that, due to last minute processing requirements, the NPD Video Games Retail Tracking information for September 2009 will now be released on Mo...

Wedbush Morgan Upgrades Gamestop (GME) -10/08/09 at 10:59 AM CDTby Perry Rod

Calling Gamestop's guidance "conservative" and citing valuation, Wedbush Morgan senior analyst Michael Pachter raised his rating and price target for Gamestop to $34 and "Outperform". "We expect industry sales to return to positive territory in September, and think that GameStop is well positioned to recover as well. " Gamestop is up around 3% this mornin...

Insider Sales Continue to Pile On at FedEx Corporation -09/25/09 at 2:42 PM CDTby Peter York

From May 2009 onward, FedEx Corporation (FDX) executives have been consistently exercising options and selling shares.  It began with FedEx Express President David Bronczek, who on May 4th exercised 40,000 shares at about $56 and sold for only $59.  The next day, the CFO and the CEO made similar trades. In July, David Bronczek started up another...