Anybody in Game? Holding a lot of stock purchased at 66.5p p/s.
Any views greatly appreciated.

I never trade in game , am a vegetarian.

Woolwoths mark 2

Would not be surprised of they fall to 5p.

Game Group is just not competitive enough in this gaming market.

Sales down 10.6% and issues profit warning.

People are buying from Amazon.com and Tesco.
It is going to close shop soon.

I agree they are weak

a bad week for game.

Monday was ok:-)

lol.

6p now and 5p in view.

GAME sales will be affected this X'mas undoubtedly... prices not competitive enough.

Another big drop.

sub 5p.

Mitzy - I take it you have seen the Christmas Trading Statement

Yes indeed.

Doomed they ae doomed.

picked up a few last week,wish i picked up more now ....gutted

marky well done to get something - i missed this completely

noticed some chunky buys today - would not be surprised if there was further north movement here today perhaps

i like the improved terms in this article - expect more uplift now.....

By Harry Wallop, Retail Editor

11:00AM GMT 03 Feb 2012

Comment

The company, which has been hit by a drastic slow down in the gaming market, said it would make a loss of about £18m for the year to January 31.

But the shares jumped on news that it had won more favourable terms from its lenders, led by Royal Bank of Scotland. The news came as a particular relief because the bank had caused consternation among many retailers when it refused to throw Peacocks a lifeline.

The shares increased by 1.6 to 6.93p, valuing the company at £24.5m.

The improved terms mean that the company is no longer in breach of its banking covenants, and has enough money to cover its fixed costs – including paying its suppliers and landlords. It is likely that the deal will involve putting its international operations up for sale. The company has more than 600 shops overseas

i wouldnt be surprised to see this turn into another hmv - gmg in far better shape - good coverage at the weekend and new releases imminent:


'Vita demos now available at all GAME and gamestation stores

Sony has announced all 600 GAME and gamestation stores will have PS Vita on hand for consumers to sample in the UK.

The top 150 stores will include a dedicated Interactive Display Unit the coming weeks. Every store manager has been sent a Vita unit to “enable them and their staff to demonstrate first hand just what makes the new PlayStation handheld so special.”

This activity coincides with the current PlayStation Vita Rooms in Glasgow which is currently open until January 29. The next Vita Rooms event in London runs February 17 – 22.

Both the event and the store samplings will off demos of titles such as WipEout 2048, Uncharted Golden Abyss, ModNation Racers: Road Trip, Reality Fighters, Little Deviants and Everybody’s Golf.

PS Vita launches in Europe and the US February 22'

Espirito Santo upgrades GAME Group from sell to neutral, target price raised from 2p to 7p.