You're going on Ignore. I have no tolerance for people who post false data, always conveniently in favor of their stock position of course, and are abusive to people who are being civil. It certainly shows your (lack of) maturity.
I wasn't apologizing to you but my fellow board readers who have to read my replies to you and I will conclude with this one. Call the CEO and have him explain exactly what it is you need to hear to interpret what 50% market share means. You ARE a dumb shortie. Addressing the twisted logic that you keep putting on here is tiring and I'd rather watch the NCAA basketball title game. Good riddance.
Actually, you said, "GME had 50% market share on new games sales in Feb '10 the last reportable month."
Which to me reads exactly as you wrote it. 50% of all new games sold, worldwide, retail + digital markets. What GME said was, "almost 50% of the new title releases", which is new releases only, and presumably refers to their share of US retail only. Unless you believe they had 50% share in Europe and Japan too?
I do find it ironic that bulls so often claim the moral high ground, and yet they're usually the first to post false or misleading statements, or become abusive because their argument isn't compelling enough to stand by itself.
Read the March 18th GME cc transcript, it was reported as such by our CEO. Everyone else has. Sorry I'm not trying to offend, if I did I apologize. You've been here for a long time and not really making any sensible arguments at all. Like a broken record, err I mean MP3.
"Simple question, in the future, no particular time frame, do you think you'll be getting your entertainment via digital or by driving to a store? "
Some of each. GME will prosper as long as console manufacturers dont come out with download-only game consoles. As long as they continue to sell the big hit releases in physical form GME will continue to generate lots of cash. GME also has the cash flow to adapt to changes in the market (which I believe they are currently doing in regards to downloadable add-on content).
"GME had 50% market share on new games sales in Feb '10 the last reportable month. You are one dumb shortie, shortie."
Again with the abuse, and where on earth did you pull that number from? I got mine from EA's and TTWO's 10-K which show GME at 14%. Where did you get your 50% figure from?
"With low hardware margins, even Apple could not survive on only hardware sales. You are one dumb shortie, shortie."
Is this when the light bulb goes on in your head? They have iTunes, as I said. They sell their software direct to their customers and do very well out of it. Conceptually, that model is similar to the model you say cannot succeed for consoles and it works, today.
Just because you're losing the argument doesn't excuse you being abusive. It's the internet, I can stoop to your level too, but that wouldn't benefit any of us would it?
"This bearishness is priced in."
If I had a dollar for every time someone said something similar...
Simple question, in the future, no particular time frame, do you think you'll be getting your entertainment via digital or by driving to a store? You don't even need to look that far into the future, the iPad is here. Anyway, if you agree the future is digital all you're saying is you want to exit GME higher before it goes even lower, which means you're market timing and playing with fire. You might be right and get out, or you might not. You might see it go to $30 and convince yourself it's going to $40, only to end up still holding at $15.
And some of them named Jester are slow to let their past failures go and not let it poison their ongoing lives. We know you bought at $55 and blah blah balh you were forsaken by GME management that did not care about you or Lionel for that matter now we're all going to pay while you short it. Find a woman, a hobby or something. Dude you are wasting your time here. See a therapist, PLEASE.