Trade Plan: BUY(at market close)
Here is what happened:
(click to expand)
Commentary: Interesting trade. They beat on the numbers soundly as expected (both the top and bottom) but same store sales were off – and this is the key metric for retail these days. The silver lining was that non game software accounting for great new profits but the market reaction was a sell vs a buy… even though you can see it coming back nicely. We have to consider this a loser though. (for our accounting/performance purposes)
Jump Zone Profit: -10.8