Just drove by a GameStop in Orange Park,FL that had a MovieStop right next to it, with the same logo colors and format. Anyone know what the relationship is? Can't find anything on the GameStop website.
MovieStop is GME owned, not B&N. It was more of an experiment to see if there was enough of a used business there to justify a future growth opportunity. The concept is about 5-6 years old. I don't see it going anywhere at this point.
I don't see how the $25 put looks bad at this point, the stock is trading below $25, which would be the goal of the $25 put, maybe the LOL was directed at something else. Mine is for September, I wouldn't have bought it if I didn't think it was good, and nothing has changed in the past couple days to make me think otherwise.
As for MovieStop, the rental industry is busted, unless its Netflix.