Maybe - not sure how that works. That said, I've seen GME drop far more than this on everything from uniformed speculation to blatantly misleading "analysis" and it has stayed the course fairly well...
Thought you'd bailed?
You said it was confirmed. You don't need anyone's agreement.
But I'm sure glad I didn't sell other times the top was confirmed, say, at 22.
"The lady doth protest too much, methinks."
I like to own what I purchase.
For PC games, it doesn't matter to me as much - I love steam - but for console gaming on large screens, physical is far and away my first choice.
"If you want to receive quarterly dividend, you must buy today."
Not true. I receive a quarterly dividend, and I bought a long time ago ;)
I'm long, but digital trade-ins are nothing more than serial numbers that tie software to a machine. There are a huge variety of ways company already make software resellable, or prevent it.
Example: I have some 3d modeling software that is node-locked (one computer only). I can install it on another computer, but cannot run it until I deactivate it on my first computer. I can transfer my license if the software is deactivated (this must be allowed in the EULA). Whoever buys the license can then install and use the software. It's not complicated.
It's not a matter of whether or when it can be done (it can, and it is), it's just a matter of game companies organizing to establish standards.
This, in my opinion, is the biggest factor that will affect GME moving forward.
There will never be a substitute for the physical components, though.
Well, first - can you name any stores that "still exist" in which you'll find products you can buy online less expensively?
Next - one huge part of the draw, as you sorta point out, is the immediacy of being in an environment that reflects your hobby/interest. This is a reason many stores still exist - people like going to stores because of their physicality, not in spite of it.
Another part of the immediacy, as you point out, is dropping by on a whim - or taking old games from home - and looking for a good deal, talking to other gamers, or even the staff (who are typically far more savvy / knowledgable when it comes to gaming than staff in any of their competition's stores).
Also, GME online, as an entity in a stock forum, makes for really good troll bait.
So, how many times have we seen upgrades, downgrades, predictions of earnings wins, analyst expectations, etc.... only to have GME crash because they missed by a penny, or because Walmart is going to beat the pants off them with their new trade-in program, or whatever?
Always makes me scratch my head when in the two days before earnings, firms scramble to trumpet or reiterate their predictions... I'm cynical, so typically feel there are other motives other than just informing the public ;)
Nobody knows. Period. That's proven every times news of any type comes out.
Analysts should be required to post their track records every time they open their mouths....
I'm not saying that there isn't a good reason - I just have been watching Orion and am not familiar with the implications of what's being called the "upsized public offering". Is it just that a lot more shares will be in circulation?