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GameStop Corp. (GME)

NYSE - Nasdaq Real Time Price. Currency in USD
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21.46+0.07 (+0.33%)
As of 1:08PM EDT. Market open.
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  • d
    d
    d
    With GME successfully bundling new games with the Switch, I believe they will significantly beat the $526 million in new game sales last quarter. Combined with growth in technology brands and collectibles, there is a chance they may raise estimates for the rest of this year.
  • D
    Does Your
    Does Your
    Wait until the ETF's exit, Skippy? Seriously? Retail ETF's buy retail stocks. Period. You failed to mention that TJX traded higher today after earnings. Or that COH, HD, and DKS trade a P/E multiples double and triple GME's 6 P/E. Its too bad that you only have another 8 days to parade your idiocy here. Enjoy.
  • E
    Evan
    Evan
    @does Your Who's Skippy? And exactly Retail ETFs will exit and will not hold this junk Period. My guess is after a miss and revised down guidance no one will possibly want to be near it except more shorts P/E multiples mean nothing in this market when companies miss badly and retail disintegration takes over Only reason this one trades where it is now is because of the HOPE of the Switch When that's proven wrong because of competition they have nothing In terms of physical they can't stop the bleeding which also spreads to trades They have to hope for miraculous growth in collectibles while core business deteriorates beyond recognition and at a faster pace than anticipated Bad timing to be in this one and ETFs will be the last ones out slamming it into the mid teens on their way out All just opinion of course
  • g
    gameshopper
    gameshopper
    The only thing that bundling does is ensure that there will definitely not be a sale at a physical store for a better margin, that's it. Margins on the hardware are the worst ever, you can quote me and look that up yourself too. Combined with lack of brick and mortar, physical sales and the popularity of downloading online there's a better chance they have to guide down to even get close.
  • V
    Volker
    Volker

    Well, gameshopper, same with Walmart. You should spend some more time on your "quick" research! What you posted is pure ill-information, not to say: PURE LIES!!https://www.walmart.com/search/?query=nintendo%20switch%20console&typeahead=switch

  • V
    Volker
    Volker
    Gameshopper yesterday told us Switch is EVERYwhere available for better prices. "A quick research" revealed that wasn´t true, if not a lie. Now he´s laughing about 5x4.400 units only available at GME. Laughable !!!
  • g
    gameshopper
    gameshopper

    $299 Best Buy, for example. Don't have time to post all of the others. Do your own DD https://www.bestbuy.com/site/nintendo-switch-32gb-console-gray-joy-con/5670003.p?skuId=5670003&cmp=RMX&extStoreId=1092&ref=212&loc=1&ksid=a2023041-a6ea-4f9e-9891-0297e5af9820&ksprof_id=15&ksaffcode=pg235005&ksdevice=m&lsft=ref:212,loc:2

    Nintendo - Switch™ 32GB Console - Gray Joy-Con™
    Nintendo Switch 32GB Console, Read customer reviews and buy online at Best Buy.
    www.bestbuy.com
  • D
    Does Your
    Does Your
    Well Skippy, Your Ryan alias has been warning us about bad GME earnings coming on 8/23 for awhile now.
    But the earnings are on 8/24.
    You have been wrong about a new GME low, an earnings warning, and now even the date itself.
    Have you ever been right?
  • g
    gameshopper
    gameshopper

    http://www.nowinstock.net/videogaming/consoles/nintendoswitch/full_history.php

    Nintendo Switch Pre-order & In Stock Tracker History - NowInStock.net
    Nintendo Switch full in stock history. View this page to find when and where the Nintendo Switch has been in stock in the recent past.
    www.nowinstock.net
  • C
    Chkpfbeliever
    Chkpfbeliever
    Gamestop has the largest share still in video games. No doubt about it.
  • C
    Chkpfbeliever
    Chkpfbeliever
    volume high today on the downside. Someone wants to get in cheap. If they knew earnings is bad next week, they would not be exiting like this.
  • V
    Volker
    Volker

    Again: Switch is far more expensive at Amazon. Just do a quick research, but not as quick as gameshopper ...
    https://www.amazon.com/s/ref=nb_sb_ss_c_1_6?url=search-alias%3Daps&field-keywords=switch&sprefix=switch%2Caps%2C1075&crid=X7U4Z4ZBHPV8

    Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more
    Online shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, jewelry, tools & hardware, housewares, furniture, sporting goods, beauty & personal care, bro
    www.amazon.com
  • V
    Volker
    Volker

    Well, gameshopper, another "quick" search tells us that Switch with grey joycon costs 369 $ at Amazon in comparison to 299 $ at Gamestop, where it´s available IN STORE (click on "more details)
    https://www.amazon.com/s/ref=sr_1_3_hso_sc_smartcategory_1?rh=n%3A16227130011%2Ck%3Aswitch&keywords=switch&ie=UTF8&qid=1502724986&sr=8-3-acs

    Amazon.com: switch - Consoles / Nintendo Switch: Video Games
    Online shopping from a great selection at Video Games Store.
    www.amazon.com
  • R
    Ryan
    Ryan
    60% of revenue depends on dying core businesses that are losing more market share at a much faster pace than expected, including physical brick and mortar retail which effects trade-ins/Amazon cash and the no answer method to increased digital downloads/bandwidth. None of the future numbers are gauging these factors accurately. Growth of collectibles and other ventures would have to continue at an astronomical rate to make up for the continuing increased losses in the core market. It's simple, if they don't have the answers, it will show even more in the price of the stock. If they do have the answers, they survive as a collectibles store that sells games. CD stores and vinyl stores still exist just not like they did. GME doesn't have the answers and most of the products they sell can be found for less and delivered to the customers door. These are just a few (more) factors that have and will continue to have an impact on future numbers. Things really are different and their plan, even if executed flawlessly, can't fix what's already been broken. Most things point to them being in survival mode for a long time, and with a dwindling stock price combined with throwing money away in the form of a high divi doesn't bode well for their extremely optimistic growth outlook while core businesses get slammed along the way from increased competiton and the extreme move to digital. It's getting ugly out there, not worth the risk IMHO
  • J
    Jedd
    Jedd
    Meritage Portfolio Management added 67,999 GME shares in Q2. They now own $161,771 shares.
  • V
    Volker
    Volker

    Ok, gameshopper, let´s have not only a "quick" search as you seem to prefer: Sold out at Best Buy.http://www.bestbuy.com/site/nintendo-switch/nintendo-switch-consoles/pcmcat1484077694025.c?id=pcmcat1484077694025

    Nintendo Switch Consoles - Best Buy
    Shop at Best Buy for your Nintendo Switch console. The 32gb storage Switch console's portability lets you game at home or on the go.
    www.bestbuy.com
  • g
    gameshopper
    gameshopper

    "Each brick and mortar will have . . . . . 5, wow, yes 5 units available" Have fun guys http://www.techradar.com/news/act-fast-nintendo-switch-is-back-in-stock-at-gamestop-tomorrow

    Get ready: Nintendo Switch is back in stock at GameStop on Tuesday
    Have your wallets (and alarm clocks) at the ready
    www.techradar.com
  • g
    gameshopper
    gameshopper

    http://www.nowinstock.net/videogaming/consoles/nintendoswitch/full_history.php

    Nintendo Switch Pre-order & In Stock Tracker History - NowInStock.net
    Nintendo Switch full in stock history. View this page to find when and where the Nintendo Switch has been in stock in the recent past.
    www.nowinstock.net
  • V
    Volker
    Volker
    GME is buying own shares back for three weeks now cause they know earnings will be ugly! It´s written in the three-week-chart, isn´t it?
  • E
    Evan
    Evan

    Wait until ETF's exit And they will if the report is bad and guidance is moved http://www.barrons.com/articles/etf-flopper-u-s-retail-was-a-stinker-but-urbn-climbed-20-after-hours-1502833307?mod=yahoobarrons&ru=yahoo&yptr=yahooConsumer discretionary stocks as a group were among the worst-performing sectors on Tuesday, dragging down the S&P with it. Retail stocks, in particular, were crushed after a slew of bad earnings results. Coach (COH), #$%$ Sporting Goods (DKS), and�Home Depot (HD) were all stinkers.

    ETF Flopper: U.S. Retail was a Stinker, but URBN Climbed 20% After Hours
    "Trends go both ways," says Instinet technical analyst Frank Cappelleri.
    www.barrons.com