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GameStop Corp. Message Board

  • mngtscrwdup mngtscrwdup Feb 8, 2012 6:58 PM Flag

    big Q4 games masking slow sales

    the 2 big releases of Q4 - MW3 and BF3 - have masked over a sales shortfall that will start to hit GME hard in this next quarter. take a look at EA's earnings deck and it shows they lost $70 million in catalog sales. sure vg sales were OK in Q4 due to the release of 2 massive hardcore games, but that just masked over the sales problem by 1 quarter.

    the next 2 quarters will be real tough for GME. the dividend is another gimmick that will help for a short time, but not solve the problems. best time to short this stock will be the day after activision earnings release (2 more days).

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