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GameStop Corp. Message Board

  • globull@ymail.com globull May 8, 2013 2:09 PM Flag

    Short at will re-iterated. Todays $38 was top.

    Remember-

    25% of revenue comes from used games
    But those used games make up 49% of profits

    Next xbox and ps can allow used games and it would make no difference because digital game downloads are increasing at a rate of almost 50% a year. Game downloads mean no disc or boxed game is being purchased. This means there is no used game. Profits will continue to erode. This company is like blockbuster 5 years ago. It will be a slow painful death. I likely wont cover my short until 2016.

 
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