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GameStop Corp. Message Board

  • eyuze eyuze Aug 22, 2007 8:41 AM Flag

    Is .08c/Shr really possible?

    I know GME is a good play for the year especially towards Dec, but i just dont see them hitting this .08c EPS so i will sell then buy back in DIP. Hihg Gas prices and expensive next gen games = not so good a quarter

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    • They just said that gas prices are not hurting Gamestop sales.

    • arpit.kumar Aug 23, 2007 8:37 AM Flag


    • arpit.kumar Aug 22, 2007 3:16 PM Flag

      i'm not much of a gamer myself.. but having shopped at EB games and gamestop on rare occasions, what i liked more about it compared to BB or something else was that it was dedicated to video games. the sales people can be jerks (depending up on where you go, besides.. sometimes you get nerds who like to feel the king of their little domain and video games provide that)

      but that aside.. i've personally had bad experiences at best buy (and future shop here in canada) 'coz of the whole bait and switch fiasco.

      i think the used games factor is also there that BB and other stores don't have.

      as for the margins on console.. i'm actually not sure about this myself but i'd bet that they are a % of console price so they would be decreased but i do see the increase in volume to offset it. i'd have to look this up though.

      i'm trading this on a short term basis myself but i actually like its prospects. i'm gonna have to lower my bet on this, mostly because my other investment, crocs went down today a bit and poses a bit of a buying opportunity to me.

    • I agree that Nintnendo would really blow it if they under-produced again; but in the video game business it seems like dumb stuff like that happens all the time. To me its too much of a wild card to make a definitive conclusion on.

      As a short term trader I don't know everything about the video game business. Price cuts will certainly drive sales, but how do price cuts affect the margins of the retailers? Do they make lower margins or the same? If the margins are fixed than lower prices would be huge for them; if margins get cut then its a question of whether they can make up for it on volume.

      Also, something I'm sure has been asked but I don't feel like looking up... what makes consumers want to shop at Gamestop over Best Buy, Circuit City, Target, or any other place that sells this stuff? My friends all tell me that Gamestops are small, cramped stores and the employees act like total jerks. Obviously this could be an isolated scenario, but personally I'd rather buy games at Best Buy where I could pick up a DVD player and car stereo while I'm there...

    • arpit.kumar Aug 22, 2007 2:59 PM Flag

      thanks for the reply.. (very few message boards have proper discussions without name calling and bashing)

      as for Wii.. that's a bit of a wild card though given it would be one year this christmas since its release, I'd expect nintendo to do something about the supply so they don't miss the christmas sales for themselves.. it'd be a HUGE miss for them in my opinion.

      there is the other bit about price drops in 360 and ps3 which should help their sales as well because once again, the manufacturers do use the holiday season to make a lot of $$$ on these things..

      other things on games.. we're seeing a new trend now.. which is more than just button pressing type of stuff, and appeals to non-hardcore gamers as well. nintendo started this with Wii and the other companies are taking a hint from it as well. so i'd expect there to be stronger than prev. year demand for games/systems.

    • No problem! I guess we will all know more tomorrow morning! Good luck my friend....

    • The problem with this strategy is that you're not the only person who learned for that mistake. When a company smokes numbers once they usually get a nice boost. If they do it again they usually get an OK boost. But the third time around, they REALLY need to blow away numbers to get that boost again.

      Look at what happened to MasterCard (MA) in Q2. They beat numbers handily and sold off from $180 to $140 the next day. Expectations were way too high and a single digit percentage beat wasn't enough.

      I'm not saying that earnings won't be good; I'm just saying to be careful because stocks re-act in strage ways to these numbers some times.

      I know...AMZN is the exception to this rule. My point is, if you're expecting to hit a home run, consider the possibility that you might strike out too.

    • arpit.kumar Aug 22, 2007 2:49 PM Flag

      lol, thanks, cheers man.

    • They will probably double that .08 genious.

    • At least 10c. I am just worried about sell-off post PR.

37.03-0.25(-0.67%)Feb 26 4:03 PMEST

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