Shares of GameStop Corp (Public, NYSE:GME) reached a high of $63.77 near the end of 2007 before crashing down to current levels of $40 a share. With the lineup of games coming out this year, not to mention the release of GTA4 in Q2, Gamestop shares could prove to be a lucrative investment at current levels. Let’s take a look at the lineup of games coming out ...

Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135. Imposing limits on speculation and other regulatory changes could reduce prices back down to the marginal costs of oil production,and the price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday. More from MarketWatch.com: Fadel Gheit of Oppenheimer & Co., Edward Krapels of Energy ...

By Peter D. Schiff Guest Columnist Throughout history, governments have always used crises to justify blatant power grabs. All too often, the "expanded government powers" that resulted from the moves remain in place - even after the crisis subsides. This tendency has come into sharp focus here in America recently. Congress signaled that it is preparing to perpetuate the Bush Administration’s domestic wiretapping program, and has even abandoned the pretense that warrantless surveillance be confined to terrorism. Similarly, even though our financial crisis has yet to reach full flower, U.S. Treasury Secretary Henry M. Paulson has announced plans to give the U.S. Federal Reserve new and explicit powers to oversee and regulate the financial services industry. However, a sober look at his plan reveals that it is tantamount to giving the fox complete autonomy to guard the henhouse. What few ...

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Our current #1 position reports tomorrow AM; usually my methodology is to cut back on all positions ahead of earnings but due to the severe undervaluation in this name, I am keeping my entire stake going into the cattle call tomorrow. I'm not sure if this quarter will be "the one" or it will happen next quarter, but the current $3.14 EPS 2008 analyst estimate I find to be completely beatable, in fact by a large margin. I am hoping guidance tomorrow better reflects that. But even at the "$3.14" we have a forward P/E ratio of under 15 for a company growing well over 100% this year, and should be able to grow >50% for the next few years. At the $4.00 or so I believe it can achieve this year in EPS its trading under 12.Most peers trade at forward P/e ...

Although not of immediate concern, some of the bullish percents are about to enter bear market (but not bull market) top territory. If January lows represent the start of a bear market then these breadth indicators should top soon. If the current rally is a continuation of the cyclical bull market then there is room for another 15-20% of gain (perhaps as much as 50% for the Nasdaq Bullish Percents). How this impacts on the market remains to be seen, but the likely outcome would be a negative divergence between breadth indicators and the market; indices make new highs as bullish percents fall. Time will tell. I'm traveling to D.C. so there will be no update tomorrow. INS appointment Friday. Get the Fallond Newsletter