Here's my take on it since Varchild is busy boarding up his house again waiting for the rapture. Best Buy news stings a little but, they will probably be more agressive with store closings. That's good for GME because they will pick up most of whatever market share was in the location the BBY vacates.
Next is smartphones and tablets. GME is just starting this ride. With Iphone 5 within 6 months and more stores continuing to come online, GME can scale this business up and at healthy margins.
DiabloIII. GME will start to partake in the digital revenue much like Zynga game models.
E3 - the new hardware will continue to grow in terms of buzz. Wii U will help to bring back community gaming like it was with Wii. Still have to put things under the Christmas tree. Wii U will be sold out.
Could go on. Plenty of reasons to stay encouraged. Too bad or leader, Varchild, has decided to become a flag in the wind. I still think it can see 25-27 dollars going into Q4. So long as they don't blow an earnings report.