Market Watch has released a report that Robert Higginbotham (and I thought my last name was a mouthful), a Goldman and Sachs analyst has downgraded gamestop to a sell rating. Big freakin’ oops.

“We see GameStop shares as poised for a pullback as industry growth remains on a path toward deceleration from its current peak,” Higginbotham wrote in a note to clients.

He went on to write:

“While the much anticipated release of GTA IV at the end of April is expected to produce record sales, and Wii Fit, slated for May, is also expected to be a blockbuster, the remainder of the year lacks any big releases, and comparisons get tougher throughout the year as we lap titles such as Halo 3 and Guitar Hero 3,” Higginbotham wrote.

Boy, are there going to be some investors that are going to be upset with him come fall. Scratch that. They will be irritated this summer, they will be screamin’ for his head come fall. GTA IV is the biggest release this April no doubt, but he clearly knows nothing of videogames. Metal Gear Solid:Guns of the Patriot is the PS3’s Halo. Gears of War 2, Spore, LittleBigPlanet and Fallout will all be hitting the store within weeks of each other this coming fall. All highly anticipated. This is just a list of the high profile games. Mercenaries 2, Resistance Fall of Man 2, Prototype, Killzone 2, Haze, 2 Human, Tiberium, Star Wars Force Unleashed, Just Cause 2, Soul Caliber IV, Ghostbusters are all anticipated and are almost guaranteed to sell well. That is by no means a comprehensive list, and it’s mainly just PS3 and 360 titles. The PSP, DS, Wii, and PC also have highly anticipated titles coming out this year. GTA IV and Wii fit the peak?! It’s just the start

So I would like to have a moment of awkward silence for Robert Higginbotham who may be unemployed in the next 6 months due to this serious **** up. Please click on the donate button on his blog. He certainly will need the help. This only means good things for us gamers though. If you have the money go out and pick yourself up some nice cheap gamestop stock, because it’s about to seriously buck a trend.