+ Watch GME
on My Watchlist
The Company is a retailer of video game products and PC entertainment software.
Investors should consider selling puts. You can achieve some very high annualized returns at strikes significantly below the current price. e.g.Apr 15 $31.00 strike at $1.75 has 19% discount and 23% annualized return.
Random top 30 over 1B market cap.
"Trendy" stock with insiders taking easy profits on the open market.
Strange. I hit cancel and it did not cancel. Anyway, after CNBC was positive on it it made me think why not. The negatives were out of date. TMF1000 was very forceful on it with good follow up comments. I think the new xbox sales will spur more use of Gamestop. My son and wide are streaming all their entertainment thru Netflix. They were showing Frozen (Disney) and ALL this is done without the use of CABLE (in Chicago that means Comcast which has a horrible monopoly) so they REFUSE to get cable.
GME has been punished too severely for its last quarter and is undervalued.
Sell-off looks over done.
Niche brick and mortar is doomed.
GME is the only company doing precisely what it does, as a core competency, in the market today. Sure, big box retailers are getting into the used games economy, but as any customer of GameStop will tell you (sometimes to their own chagrin), this company has it down to a science. I'm betting that gamers, who are a tight knit community, will enjoy the ability to buy and sell used games at a steep discount, trading in their previously played or unsatisfactory games, and being lured in by GameStop's savvy marketing campaigns, much more than they'll enjoy going to Walmart and engaging in a watered-down version of this same transaction.
The gaming industry is starting to move in the direction of the digital era as streaming and downloading games becomes more and more commonplace. Sorry GameStop, but with the ability to rent older video games coming from the likes of Sony you just don't have a place anymore. Not only are gamers generally dissatisfied with the money they get from turning in games, but developers are going to look for ways to make higher margins on what they're producing as well. As GameStop tries to sell things outside of video games such as used cell phones, I can't help but feel like it's declining core business sounds a bit similar to another outdated retailer by the name of Radioshack. The cherry on top here is increased competition from the likes of Walmart and Amazon.
Core business will be in significant decline as consoles push more to digital downloads. Also alternate casual gaming options taking attention away from consoles as well as PC gamers like League of Legends.
Video games are moving towards digitization. Game developers can earn much larger margins cutting out the middle man (i.e. Gamestop). Gamestop is the top dog in a dying business. Also, consols moving towards elimination of used game resells (i.e. requiring unique passcodes in order to play the game on a device)....
Players' ability to download games directly to newer consoles will eradicate a majority of the need for video game retailers.
Consoles are gradually losing share to free-to-play games which thrive on microtransactions, and mobile, and that's not even counting Steam and their mythical Steambox. The headwind will continue - I had a PS1, PS2, and PS3, and will not be purchasing a PS4, partly because I haven't seen a game I really wanted to play in a while, but also because my iPad has scratched part of the gaming itch. As go the consoles, so goes Gamestop.
Better home internet will soon eradicate the need for Game purchasing at a retailer.... no brainer.
this stock is undervalued
The sun is setting on their operating model.
They can hold on a little longer, but there is a strong push toward digital delivery from many major industry players--it won't be too long before no one goes to a brick & mortar store to get games. This plus the fact that their CEO has only a 40% approval rating on Glassdoor makes them a long-term underperform.
Terrible market to be in right now. Can you say Blockbuster?
I wish II got in before today's drop, but it reconfirm my thesis. There are more competitors now (walmart). Game providers want to restrict resale. And most importantly, all other entertainment is moving to digital content (music - iTunes, movies - Netflix, TV - Disney/Dish). Gaming will follow.
Taking advantage of a momentary pullback on fears of WMT's getting into the used game buying biz. Amazon's entry didn't hurt GameStop. Nor did Best Buy's. Why would WMT be any different?
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