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at 10:53AM PST on November 20, 2007.
I haven't been pricing this into the simExchange yet, but Gamestop came out today and forecasted lower sales for the holidays. Traders were looking for Gamestop to provide guidance for the industry since its the leading retailer that focuses on game sales.
Originally, the market has been expecting retail sales to be weaker this holiday season. Video games were supposed to be the exception, but this is appearing to not be the case. If you follow the stock market at all (I think you said you work in options), you know there are rising concerns about retail in general this season. Consumer confidence is low and people say they are going to spend less this holiday season.
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