You have GOT to be KIDDING me!!
October 14, 2010
– Comments (7) |
RELATED TICKERS: GME
The Financial Sector takes a frightening plunge as investors panic (rightfully so) over the foreclosure fiasco which will force these foreclosed homes to soak the banks....cause they can't sell these homes if they can not find a good TITLE for them... and they have to go fix the paper work on all of them....
This is a complete mess....
And what happens with the overall stock market? *shrug* It *shrugs* off what clearly is reminiscent of 2008. If this was 2008 the DOW would be down 600 points today....600 more tomorrow.
But... No one cares.... I guess the Obama Prayer Circles to cleanse the Bad Spirits are really really doing a great job...workin overtime on those bad, dirty, spirits out there!
Anywho......Moving on to Stocks....
I do want to talk a bit about GAMESTOP...(GME)
GME's solution is to join with Verizon Wireless and Best Buy and Walmart and announce that the APPLE IPAD will be sold at their stores.
P.S. I strongly believe that the C.E.O. and Upper Management of Gamestop needs to think outside of the box. I really really really am baffled... I submitted Gamestop at least 1 genius idea through their Survey program.... I want the ability to basically access an electronic Ordering catalog so if I do not find the Video Game used or new in their store I can still buy the thing off the Gamestop Website.
The problem is that by the time I go home I may be too exhausted / tired to buy the video game off the Gamestop Website..... (OR) I may just up and buy the thing at Best Buy or Walmart....
Gamestop can take away a lot of business from everyone else by making sure they get the VIDEO GAME into the Consumer's Hands one way or another. Not by sitting around sucking their thumbs and saying... "Oh Woe is us.... People are Netflixing their Video Games to their Console through XBOX Live.... Waaaah.... Waaaah..... Waaaaah"
WAKE THE *&^% UP GAMESTOP before it is too late.....
Sure... The earnings have not shrunk this year.. .They have grown by 13% or so.....year over year... BUT GIVE ME A COTTON PICKEN BREAK..... A lot of shareholders should be absolutely incensed this year with (GME).
GME does not deserve to be priced at $18 handle.... What in the world is that?????
That is not a punishment to the stock due to earnings.... which are up..... It is obviously a bunch of big money investors are VOTING WITH THEIR WALLETS that the Management of Gamestop does not want to do ANYTHING with their money except some brainless "fill out this survey" program that never leads to anywhere as far as I can tell.
I gave you some ideas here in this blog post.. I gave you some filling out that survey....
How's about you respond to your Shareholders by using a little common sense???? Wake up before your competition puts your entire business into the toilet.
And I would not be anywhere close to this passionate here if I was not but a GIGANTIC FAN of Gamestop... I Drive 20+ miles to go to a GAMESTOP and pay $3 or so to park at the parking structure.... I do all that.... Cause I love the customer service that Gamestop has....
Well????? That's how you win.... Customer Service..... Get with the program.... The next time I walk out of the Gamestop without purchasing a video game cause the store didn't have the title on the shelf speaks volumes about the Quality of this Management....
You know what folks? I'll even pre-announce that I am going to shop at Gamestop this weekend cause I am..... And I'll let you know if I found what I was looking for....And if there was any option for me at the store to ORDER what I couldn't find....
They got space to put up DEMOs of Video Games like Guitar Hero..... So they should use the space to put up a Cheapy Computer with their Website on it....so people can go through their Catalog and order the game they couldn't find..... Why the heck not???
If (CBOU) can purchase an OVEN and place it into their stores..... Then (GME) can buy a cheapy $300 Laptop.... or better yet.... AN IPAD!!!!!!
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