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GameStop Corp. (NYSE:GME) Crumbled on Speculation - GME, SIAL, SD, GDP

 
 
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Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Shares of GameStop Corp. (NYSE:GME) crumbled 6% with speculation over next-generation systems hurting the company's resale business tipping sentiment. If future consoles feature games fully connected to the Internet with no value beyond initial purchase, GameStop's revenue could suffer.

Is GME after A Solid Pop Up? Find Out Here

Sigma-Aldrich Corporation (NASDAQ:SIAL) slips on a less-than-stellar Neutral initation at Goldman Sachs with an equally less impressive $80 price target. Goldman says the stock is currently trading at a slightly premium to its long-term multiple against both the tools group and the S&P 500, suggesting the market prefers more defensive plays in life sciences.

Will SIAL Continue To Trend Higher After The Recent Gain? Find Out Here

Reuters is out with a report describing how SandRidge Energy Inc.(NYSE:SD) gives CEO Tom Ward wide latitude to profit from personal oil and gas deals in ways that pose potential conflicts of interest with the company. There's little new ground - TPG-Axon has accused Ward of similar shenanigans - but the steady drumbeat of negative publicity grows reminiscent of the kind which forced Aubrey McClendon out at Chesapeake.

Is SD a Buy Opportunity After The Recent Slump? Find Out Here

Goodrich Petroleum Corporation (NYSE:GDP) shares soared 18% after the company announces the completion of its Crosby 12H-1 well in Mississippi's Tuscaloosa Marine Shale, which GDP says continues to improve with a current production rate of 1,250 boe/day and an average daily rate of 1,130 boe/day, comprised of 1,050 barrels of oil and 469M cu. ft. of gas.

Is TRIP Still a Buy After The Recent momentum? Find Out Here

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