I used to own this stock several months ago. I never thought I'd be able to buy it back below where I last sold it (which was at a profit).
I am not sure who these dumbies are that are selling, but l-o-l! This is probably the only stock I own that I feel is incredibly, unbelievably, almost undeniably undervalued.
Hate to break it to you but the idea of physical copies of games is not going away for at least one more console generation.
CDs are cheap
hard drives are (currently) expensive
people don't like to have their hard drive space filled
there is still a large market of gamers who do not have internet (I was part of that group for a while in college).
I am very happy I was able to get back in this cash cow! (grin)
I forgot to mention that every quarter this company gets richer. Somehow, no losses even when every other company is saying, "Gosh, sorry we blew it this quarter, but it's this dang economy."
I'm SO HAPPY to be back in this stock. Even if it falls short term, it's such a great company.
That said, if I'm wrong and the stock goes to zero, then I don't belong in the stock market.
Also, for my previous post, I meant DVDs/CDs. Obv.