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The Company is a retailer of video game products and PC entertainment software.
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.
Only a matter of time before this company disappears.
I like the view expressed here and agree that eventually, this goes to zero.
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?
The age of digital disc gaming is over!!! R.I.P.
Great Retailer good dividend giant year for new games coming out new consoles out replacing older ones over sold
Very little reason to go retail with the world moving to DLC.
Unless they rapidly change they are in the same category as other "brick and mortar" retailers.
RetailConsignment inventory is a two edged sword - both sides cut you.. Low cost sellers like amz ,cost have a huge competitive edge.
The new Blockbuster.
Positive: - They have no bright future but they don't look like suffering a sudden death, e.g. they have no debt and positive YoY sales growth -> current price undervalues this - Pessimists have been wrong on this stock for years and the businesses has almost always performed better than expected - They move towards more online sales and extend their business of selling used games and controllers - Lots of cash, will buyback 10% of all outstanding shares Negative: - Aggressive online competition, especially from Amazon -> they might not be able to compete effectively Category: ICIn
Easy short sell. The one near my house doesn't even carry Wii-U games, or any techy adapters to convert microphones between systems. What kind of dying company doesn't keep its shelves stocked with one of the coolest systems and games out there? I've played 3-Dd Mario World and let me tell you Nintendo has an awesome system, so simple, so unique, and they took their trademark to the next level with the controller that can be taken outside with you to smoke a cigarette and you can still be playing with your 3 friends who are inside. It sounds so stupid until you witness it. I hope Nintendo doesn't go out of business ever because Mario is the freakin berries guy. If yo have kids or want some good family time, or even want to just have some laughs with old friends, the Wii-U is a must have. BACK ON SUBJECT!!! Once systems move over to an online database like Steam this company is dead in the water. in the not so distant future, Once you purchase a game you will not have to keep or store a cd or case, or worry about your game becoming scratched up.(THINK ITUNES PEOPLE!!!!!!) It will be permanently available to your specific username for download for the rest of your life. Having video games stored this way is great for both the customer and especially for the advertisers as you can recommend cheap $1.00 and $2.00 games.
direct download will kill the GME market....how do you resell a download?
The ps4 and xbox one are out. It's rebound time.
Hopefully Xbox One and PS4 drive revenue in 4Q
new platforms coming
GameStop is actively disliked by consumers, plus digital distribution is the future.
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