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Gamestop and The Stock Market

infection said:
My wife did it for a little while. Funny (or sad) thing is, a few months ago she was trying to teach our 10 year old about it and told him to think of companies, he suggested Game Stop. She talked him out of it.
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Honestly, without this freak happenstance movement, Game Stop was at that point where they turn the life support off. The business model doesn't make sense anymore. I don't need to go to a physical location so that I can buy a digital copy of a game.

But I love this double reverse takedown thing that is going on. Don't hate the players, hate the game. Suck it short selling POS MFers. Nobody ever liked any of you.

Short sellers are like a dude getting all smug at the craps table playing Don't Pass all night when all the rollers are struggling.
 
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Gameface said:
Honestly, without this freak happenstance movement, Game Stop was at that point where they turn the life support off. The business model doesn't make sense anymore. I don't need to go to a physical location so that I can buy a digital copy of a game.

But I love this double reverse takedown thing that is going on. Don't hate the players, hate the game. Suck it short selling POS MFers. Nobody ever liked any of you.

Short sellers are like a dude getting all smug at the craps table playing Don't Pass all night when all the rollers are struggling.
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This is true. There’s always going to be an appetite where some people don’t want just a digital copy and prefer the disc. This is because they’re purists or like to play the game and sell it on eBay to recoup some money. Gamestop will pay you pennies on the dollar for it and most people are capable of selling it themselves to get a higher net profit.
 
infection said:
My wife did it for a little while. Funny (or sad) thing is, a few months ago she was trying to teach our 10 year old about it and told him to think of companies, he suggested Game Stop. She talked him out of it.
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You saved him... imagine that little **** buys 100 shares at 2.50... he’d have 30k and walk around like yo *** on payroll. Think that kid ever think he has to work? Nah he’s a trader... plus he’d chase that high his whole life. Your wife saved him from a life as a homeless meth head.
 
Avery said:
This is true. There’s always going to be an appetite where some people don’t want just a digital copy and prefer the disc. This is because they’re purists or like to play the game and sell it on eBay to recoup some money. Gamestop will pay you pennies on the dollar for it and most people are capable of selling it themselves to get a higher net profit.
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Who of us wouldn’t want to stroll through a blockbuster today?
 
Avery said:
This is true. There’s always going to be an appetite where some people don’t want just a digital copy and prefer the disc. This is because they’re purists or like to play the game and sell it on eBay to recoup some money. Gamestop will pay you pennies on the dollar for it and most people are capable of selling it themselves to get a higher net profit.
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Some of us also prefer not having to rely on the internet being active in order to play.
 
I’m mostly out... sold enough on amc and gme that I’m in them for free with some small holdings. The squeeze will take too long and these mother ****ers are just cheating anyway.
 
What's amazing is how events such as this play out every decade or so in the financial sector with different chess pieces and chess boards and everyone is over themselves on 'How could this happen?' Only a matter of time before course-correction occurs and we have similar outrage again in a few years.

The Big Short should be required viewing for everyone - terrific movie with some hilarious one liners. It's free on a free movie app called Crackle.
 
Gameface said:
Honestly, without this freak happenstance movement, Game Stop was at that point where they turn the life support off. The business model doesn't make sense anymore. I don't need to go to a physical location so that I can buy a digital copy of a game.

But I love this double reverse takedown thing that is going on. Don't hate the players, hate the game. Suck it short selling POS MFers. Nobody ever liked any of you.

Short sellers are like a dude getting all smug at the craps table playing Don't Pass all night when all the rollers are struggling.
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I only buy physical copies and never digital for my switch.
Your point remains though. I don't need to go to a physical location when I can simply go to Amazon.com

Sent from my ONEPLUS A6013 using JazzFanz mobile app
 
fishonjazz said:
I actually would still like that. I enjoyed the experience and reading the back of the case.

Sent from my ONEPLUS A6013 using JazzFanz mobile app
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Look even the rabbit holes you’d go down when you found out they were out of new releases because it’s after 4 pm on a Friday nimrod. You’d pick something else up... just browsing the store looking for a movie was great.

We went to fort Bragg this summer (sleepy beach town in NorCal). My girls wanted some ice cream so I stopped at this store that had ice cream... it was a video/ice cream place. It looked like the 90s and I was so happy. The kids had no idea what it was but it smelt of musty buttered popcorn and teenage hormones... for a second I was transported to a better time. It was magic.
 
fishonjazz said:
I only buy physical copies and never digital for my switch.
Your point remains though. I don't need to go to a physical location when I can simply go to Amazon.com

Sent from my ONEPLUS A6013 using JazzFanz mobile app
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I’m hoping the infused interest and capital will help them pivot and actually save the business... would be a good story.
 
I would also suggest that a lot of people like the physical copies because they like to display cases as trophies/to highlight their collection even if they don't play the game. They're collectors after all.
 
Avery said:
I would also suggest that a lot of people like the physical copies because they like to display cases as trophies/to highlight their collection even if they don't play the game. They're collectors after all.
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They should pivot to be like those places in Walmart where kids go play... sell cases and other collectibles to go with digital copies. Host local tournaments... be like a tween bowling alley or some ****.

I’m not a gamer but they can’t stay with the same plan.
 
Handlogten's Heros said:
They should pivot to be like those places in Walmart where kids go play... sell cases and other collectibles to go with digital copies. Host local tournaments... be like a tween bowling alley or some ****.

I’m not a gamer but they can’t stay with the same plan.
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They do all those things. It's how they survive. That and scamming customers on trade in deals and getting them to buy stuff they dont need.

For a while it was a trend for youtubers to go on and tell their Gamestop stories. A lot of former managers go on and talk about how ****ed the company is and how bad the corporation is.
 
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