Please pull up a 6yr chart ad ask the following question.
At what point did the run up and decline of GME coincide with a slate of new console releases and macro economic factors?
The major risk with GME is a technological shift. A blockbuster to netflix scenario (I do not agree with the analogy but it seems to be the most common). You can argue about theories and trends, but not numbers. And the numbers for digital compared to physical for consoles is not great. From EA last quarter release non gaap Packaged Goods and Other Revenue 1274 million vs 103 in full game digital downloads (which is a loaded because of Star Wars). Out of all the publishers EA is also the most aggressive in the digital arena.
Now you factor in that GME is selling a large quantity and has a large market share on DLC and that risk is mitigated.
GME has a large amount of cash with a proven history of using it wisely. In the long run GME is headed north of 30 not south of 20.