GameStop Corp. (NYSE:GME)
CAPS Rating:
The Company is a retailer of video game products and PC entertainment software.
The Company is a retailer of video game products and PC entertainment software.
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I believe the shorts are wrong, positive cash flow, affordable and not bad dividend introduced of over 2.5%. Company has a net cash position, and has met or beat analyst expectations so far.
Careful with this one. Sony and Microsoft are including 1-time use codes with their new games to prevent piracy but in the process are destroying resale value. The new Ps4 may not run Ps3 games and the new Xbox may use all online content which will kill GameStop. They may move up for a short time, but they don't have a future if they don't edit their business plan imo