From google finance GME news page.
"Apparently, not every gamer is prepared for “always online” Internet gaming experience yet. Most gamers still prefer physical copies due to their full usage rights. They can be borrowed and sold at will which has won Sony many fans."
Takes on average 10 hours to download a game. I don't download games as I prefer to conserve hard drive space and play the game I bought immediately, not be forced to leave the game machine running all night long and into the morning to complete a download.
If you read EA's earnings report, full game digital downloads were flat year on year. I haven't seen any evidence at all that this revolution to digital is actually happening
Next gen will be released roughly in 2023. What if 4k resolution games are the way to go, then you need 300g to 500g to play a game. Download is the way or new gen blu-ray dsc (capacity 500g) developed by sony?
GameStop will be completely obsolete by the time the next gaming system comes out. This is because xbox and playstation will no longer have discs you simply will log in to your account and download the game. Any type of money to be made upward on this stock is short term because long term this a dud whether you like it or not.
Sentiment: Strong Sell
who will step up to make a complete clown of themselves? It will be hard to top Tytus but I'm sure there are those of you out there that will try.
Step up to the plate and let me make a complete mockery of you.
And Tytus the Clown appears with more made up stories. Poor clown doesn't know if he's coming or going but we can only hope it's more on the going side.
Clown guaranteed $50 by end of February, Clown guaranteed great earnings on this last report. Clown couldn't pick his nose correctly.
The only thing you have moved on to Clown is more kiddy shoes with your big feet and shiny red nose.
The joke (or should I say Clown) of the message board.
Sold it all today, over 20% gain plus dividend since first of december. Final average price was 33.17. GME is a much higher valued stock but analyst like todd mitchell and others are stuck in short positions that have not made them money. This stock cannot break out due to the institutional holders shorting there own shares. I have moved on to greener pastures.
Here is what one of Wall Street's top gaming analysts, Todd Mitchell of Brean Capital, is expecting for the quarter.
Mitchell noted that Activision has previously issued first quarter guidance that will prove to be "overly conservative" due to strong long-tail sales for their "AAA" (large budget, high quality) first-person shooter franchises and higher digital revenue from "World of Warcraft" and Blizzard's F2P (free-to-play) titles.
Mitchell added that strong console sales in the quarter support industry fundamentals. The analyst estimated 3.5 million PlayStation 4 and Xbox One consoles were shipped during the first quarter – a trend that boosted Activision's "AAA" franchise with high-attach rates.
Finally, the analyst argued current-gen players are shifting "rapidly" towards full-game downloads, which rose "sharply" during the first quarter in the absence of any significant retail promotions. As a result, the trend is likely to continue and translate to upside in the company's guidance for the March quarter.
The last paragraph is interesting. Probably the reason for GME recent weakness.
He probably couldn't understand what you were saying. Now if you had talked about big feet and a big red nose that would have been easily comprehended.
Ok! We started on the wrong foot. Let's try it again.
I don't know, but I've been told
Gamestop is made of gold