Why this stock is headed towards $60 in the next 3 months
Gross Margins on any new video game ranges from 17 to 21 percent and truly tend to hover around 19%. That's why GME stores are tracked on their attach rates of hint guides, extra controllers etc. If you're a mall based retailer with margins below 20%, you'll soon be out of business. That's why GME bought Funcoland back in the day. Used margins run between 40-60%.