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GameStop Corp. Message Board

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  • mngtscrwdup mngtscrwdup Feb 10, 2012 2:39 PM Flag

    Can someone explain the drop?

    there is a simple reason that gme is falling. video game sales in Q4 were OK due to the release of 2 monster big hits - Modern Warfare and Battlefield 3 - but without those monster hits, the overall game software market is falling hard. in this next quarter software sales will be down double digits. EA and Activision both lowered their earnings forecasts and sales forecasts for next quarter - and so GME is going to tank.

    i missed by opportunity to sell puts before activision reported. i didnt realize that activision would lower their forecasts so much - i thought a one day spike and then it sells off. big mistake, could have made a quick bundle.

    gme is still going alot lower, but the easiest short sale was a couple days ago at the top of the trading range.

    if only i didnt have a business and could watch the stock market all day, i might catch these things.

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    • YAWN. What abject idiocy.

      Software sales jumped 9.9% in the 9 week holiday sales period.

      SALES SKYROCKETED!!!! DESPITE NEAR 9% UNEMPLOYMENT.

      January saw the release of only one title and that title released too late in the month to be reflected in the NPD report; FINAL FANTASY 13-2.

      Meanwhile, Mass Effect 3 Collectors edition by 1st week of January completely sold out.

      Februaury this coming week sees the release of TEKKEN PRIME, UFC Undisputed 3, Alan Wake for PC, and Twisted Metal.

      We had a dry spell of ZERO SOFTWARE RELEASES in January and we get people freaking out about software sales weakness.

      Give me a break. PS VITA and Launch titles release in these next 2 weeks of Feb. MASS EFFECT 3 releases early March 6th.

      You can't make judgement calls based on overall sales figures. You have to separate the hardware sales weakness from the Skyrocketing software sales strength. Lets see how PS VITA does given analysts and Wall Streeters are expecting abyssmal sales of PS VITA. Anything short of that is a boost long term for Gamestop who is using their trade in program to boost sales of PS VITA.

 
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