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GameStop Corp. (GME)

NYSE - Nasdaq Real Time Price. Currency in USD
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21.19-0.16 (-0.75%)
As of 11:32AM EDT. Market open.
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  • I don't generally quote Cramer but he#$%$ the nail on the head on this one, if you like the gaming industry buy gaming stocks not dying brick and mortar middle men companies losing market share and having trouble with loyalty and store traffic https://finance.yahoo.com/video/cramers-lightning-round-gamestop-just-225900553.htmlCramer's lightning round: GameStop just can't seem to go ...

    Cramer's lightning round: GameStop just can't seem to go ...
    Jim Cramer speeds through his take on callers' favorite stocks, including the stock of a video game retailer.
  • Look at the daily little volume chart that yahoo provides for you, rookie. Even you have access to that. What do you think is happening when you see those volume spikes. I've offered to school you, you don't understand how the 13F works and how short positions and options aren't reported on that form. I've offered to scool you, all you have to do is ask yet you enjoy your mindless pumping. Do you get paid to pump or have you just lost your savings waiting, hoping for this junk to come back? It's not i favor, you'd have to wait at least 2 positive Q's to even consider jumping into this risk. No one's interested, you'll see why after the report :)
  • GME's latest 13F filings by 5% holders:

    Blackrock BOUGHT 8.1 million shares in Q1. Now owns 8.2 million shares.
    Dimensional Fund Advisors BOUGHT 1.5 million shares. Now owns 6.1 million shares.
    Vanguard increased their stake by 3%. Now owns 8.4 million shares.

    These firms are not trading firms. They are buying with the intent to hold long term. They know the business is sound and are not influenced by the hacks writing for some of the questionable websites.
  • Lol! @fakejedd/ GayMeticallychallEnged/board/O/ fakeNo1(C)ares and any other ID's you've been using That's the funniest thing you've quoted yet!! Scroll down thru that transcript and read where CEO Raines talks about Kongregate and what they're doing with it in the future. They sold it less than 2 months later. (Guess they didn't know that was happening before the call, lol!) They'll say what you want to hear, like the switch is their savior this quarter. Look at the margins on the switch before you consider anything said, they're the worst of any hardware ever for gme and they rarely have them in stock, whole the other big boxes and Amazon usually do. Pay attention friends, these pumpers will always pump, they have this one wrong. This quarter will be ugly. Numbers don't lie. Too risky to hold (period).
  • Wedbush's Michael Pachter on 5/31/17:
    "GME's core business is more defensible than most investors realize. A digital download of a video game costs the same amount as purchasing a hard disk in GME's store, so there is no price advantage. However GME's trade -in program should be attractive to investors as 70% of the company's customers take advantage of the program. On the other hand, it is impossible to trade in a digital games, so the majority of gamers will continue to buy physical disks." Reiterate Outperform $25 target.
  • Isn't it fun watching little Skippy squirm?
    He comes up with statements everyone already knows. Like 13F information is dated because they have 45 days to file after quarter end. Duh. What Skippy fails to realize, as the real Jedd pointed out, is that the funds accumulating are well known for holding securities for years. Not days. I bet when the next SEC filings show up in mid August that these firms have increased their holdings.
  • Lol!! Post the part where he lied about the Kongregate deal. There will be questions. It will get ugly. Get ready!
  • In case you missed it https://www.google.com/amp/www.cnbc.com/amp/2017/07/19/cramers-lightning-round-gamestop-just-cant-seem-to-go-higher.html

    Cramer's lightning round: GameStop just can't seem to go higher
    Jim Cramer speeds through his take on callers' favorite stocks, including the stock of a video game retailer.
  • R.W.Baird maintains Outperform and $24 price target on GME: 6/15/2017:
    "Microsoft's unveiling of its new console, the Xbox One X is potentially a positive for {GME}, as new console launches tend to drive higher margin trade in volumes" The analyst also noted that new game announcements for Switch would be a positive for the retailer, noting that the upcoming "Mario +Rabids Kingdom Battle" (Aug 29 release),"Super Mario Oddysey (Oct. release) to go along with the "Zelda" and "Mario Kart" would be a positive.
  • Word is out, "Duke" doesn't know the difference between 'there' and 'their'.
    "Evan" agrees with Duke. Not surprising as they both have posted twice- on the same days.
    GME quarter doesn't end for another 2 weeks.
  • Earnings will show where it belongs and it'll most likely go lower than the $17.50 PT after the call
  • $17.50 PT for many reasons, decreased mall/store traffic crushes that scenario along with 20% off retail price of new physical games (which makes them cost less) offered at Best Buy and downloads from the originating company for less so the original producer gets the sale on the download Do the DD
  • Everyone do yourselves a favor and ignore the clown Ryan/Gary/ etc , as he is driving down the freeway in his turnip truck facing backwards. He chooses to ignore the transformation underway at GME and simply regurgitates the tired bear argument which has been around for YEARS. A reminder--the fastest growing parts of GME carry the highest gross margins (tech brands/digital/collectibles). That is why in spite of declining revs in what is now their primary business, earnings continue to be good. $300 million in FREE cash flow this year. Earnings of $3.25 (a P/E of 6). A yield of 7%. These are the things that matter, not a "3 year chart". Best Buys 4 year chart looked worse than GME's less than 5 years ago. Online purchases were supposed to be the death of them too. How'd that work out for those who shorted/sold in the low teens? Everything the clown talks about is more than baked into the current stock price. I can't wait for earnings!
  • Huge cash windfall coming to GameStop due to the Kongregate sale. GameStop may even issue a special dividend. Management is so good to shareholders.
  • "I am very pleased to report that we returned to growth this quarter. On the video game side, we set records with our Switch launch around the world, returning vibrancy to the physical video game category."

    J. Paul Raines, GameStop Corp. - CEO and Director


  • How disappointing. I spend a part of my weekend getting not 1, but 2 of my aliases posts on top by replying to myself over and over, and today this pos is up nearly 2%. Don't people see that the 3 year chart says this is going to zero? I guess I will just keep repeating what I have said over and over and hope that someone will see the light and sell.
    What else can I do?
  • word is bad Q on tap
  • what would happen hypothetically, of course, if the "adj" number comes out and barely meets q estimates and low end guidance is again reiterated (maybe even lowered), then the real (not adjusted) numbers get examined and it's realized that "creative accounting" from the $55M Kongregate sale is added in and even with it, we still don't meet what's expected for the year
  • Everyone do yourselves a favor look at companies charts who haven't adopted digital and found a way to make them relative with an online presence and the recent state of brick and mortar retail. If those conpanies are still listed, take a look at their charts. This isn't your grandfather's market, bandwidth and the shift to digital and online and streaming are factors that won't be ignored by the numbers even if they are ignored by an ignorant few. All signs point to trouble sooner than later. Too risky to hold.
  • On a Friday in July, there is no place I would rather be than right here on this message board!
    I will be here all weekend too, so if anyone is bored, stop by to see my latest posts on recycled old information. It'll be fun!