48 replies to this topic

[BSLMikeLowe]

Honestly, I'm not sure a market exists for them now. With PS and Microsoft already having their own online stores where you can buy and download any game, including pre-ordering and early access for doing so. Gamestop is kind of in a bad spot. Brick and mortar businesses like Gamestop are losing more and more of their customer base to the online stores. Especially with both PS and Microsoft now offering subscription services as well where you get "free" access to a library of older games that Gamestops business was built on selling.

I honestly see no business model or redesign that saves Gamestop. And neither did all of the short sellers currently losing their asses on their stock right now.

I think they’d have to get out of retail completely, and quickly pivot into content creating. How much cash they have on hand and what it would realistically cost to acquire smaller creators to build a viable library soon enough, I honestly don’t know. At least this whole episode has boosted their brand for the time being, and maybe provided enough of a window to pull it off. *shrug*

[JeremyStrain]

I'm curious to see if GME’s management can somehow ride this wave of new investment to adjust their business model and turn things around.

Yeah pretty much what Biggsy said. There could be a tiny market as far as trade in/recycling/retro game stuff but it won’t be big enough to be publicly traded.

Everything has been pointing streaming/digital since about 2005, but instead of winding down and getting out when they should have they rode it to the end, even subsidizing with pop culture sales. If you’ve been in a GS recently, it’s like Electronics Boutique (yeah I know they bought them) had a baby with Hot Topic.

I made a joke the other day and said man if only GameStop and AMC could mutate together and they could have pvp and tournaments in some of the theaters. Maybe AMC will get a pro sports license and can air games live and people could go watch them together in theaters.

[RShack]

Would love to read this if you had a link!

 

https://www.fool.com...over the years.

 

Parenthetical comments in the section "Is swing trading right for You?"

 

Fidelity Investments once analyzed the returns of different investors with accounts at the firm, and the results were staggering: Those who forgot they even had an account at Fidelity did best.

 

The idea is simple, and the statistical evidence clear: Chances are, the more actively you trade, the lower your returns will be over the years.

 

You can find these comments referenced in numerous places but nobody seems to have the study.  Apparently it was internal thing Fidelity did.  It appears to be a study covering a 20 year span.

[RShack]

Thanks Mack.  One thing I won’t be doing is leaving the area - unless I want to get a divorce as we live on my wife’s family farm.  I’m going to start building a good sized garage / work shop in the Spring.  I’ll then re-start a hobby I gave up a few years ago - woodworking.  I’m really just retiring from corporate life and I’ll only be about 60 when I retire.  I’m then going to get my dream job - Lowe’s or Tractor Supply.  I’ll dutifully put in my 30 or so hours a week and be very happy and hopefully stress free.

 

Sounds like a healthy plan. 

 

You're very lucky in that you know what the hell you're trying to do...

[JeremyStrain]

https://www.fool.com...over the years.

Parenthetical comments in the section "Is swing trading right for You?"

Fidelity Investments once analyzed the returns of different investors with accounts at the firm, and the results were staggering: Those who forgot they even had an account at Fidelity did best.

The idea is simple, and the statistical evidence clear: Chances are, the more actively you trade, the lower your returns will be over the years.

You can find these comments referenced in numerous place but nobody seems to have the study. Apparently it was internal thing Fidelity did. It appears to be a study covering a 20 year span.

Yeah I got the same advice from a middle manager finance guy years ago.

I told him I really had little interest in the market at all except in rare circumstances. My first was wanting to buy $5k of Apple back in the 90s when it was like $1 a share. (This was like 2005) and he said of course in hindsight everyone looks like a genius there. So I said ok fine. Google goes public this year at $100 a share. Invest $5k or no? He says $100 is too high starting and it will probably go up and down but I won’t make more than a portfolio. In 2010 or something it was like $500 a share and it’s now over $1000. I didn’t invest with them.

[The Epic]

I think that any move Gamestop does at this point is too late. At this point it might as well be Blockbuster. However, I love the idea of doing tourneys with AMC; that'd be a pretty fun venture! I feel like they had a concept like that with the movie "The Wizard" but I might be wrong. 

 

I assume that most execs who held Gamestop shares are going to cash out in the very near future.

 

Also, to Biggsy's point...the chance that there was some collusion re: Robinhood's decision to temporarily shut down purchasing is 168%, plus or minus a percent or two. However, you gotta prove it, and you know how that goes with collusion.

[Mashed Potatoes]

https://www.fool.com...over the years.

Parenthetical comments in the section "Is swing trading right for You?"

Fidelity Investments once analyzed the returns of different investors with accounts at the firm, and the results were staggering: Those who forgot they even had an account at Fidelity did best.

The idea is simple, and the statistical evidence clear: Chances are, the more actively you trade, the lower your returns will be over the years.

You can find these comments referenced in numerous places but nobody seems to have the study. Apparently it was internal thing Fidelity did. It appears to be a study covering a 20 year span.

Makes sense, if you invest in a broad enough set of mutual funds for long enough you're basically betting on the American economy growing over the course of two decades. Our government will guarantee this happens through war, sanctions, and replacement of governments if necessary to ensure the theft of natural resources for corporate expansion. My personal profit from long term stock investments will come from the exploitation of the poor at home and abroad. It's messed up but hey what am I gonna do hide my money under the bed?

[The Epic]

The funny thing is that shorting Gamestop now is absolutely the smart thing to do, and there's a hedge fund right now that will make an absolute mint from doing it.

 

WELP!

[BSLMikeLowe]

Looks like the r/wallstreetbets crowd is back at it.

 

https://www.cnn.com/...gain/index.html