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GameStop Corp. (GME)

NYSE - NYSE Delayed Price. Currency in USD
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21.38+0.25 (+1.18%)
At close: 4:02PM EDT
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  • I know it's hard to tell when we're joking because we're both clowns but it really is a good idea for dividend investors to pull out before earnings. It makes sense to subdue the risk and buy back in for lower after the report, then they can still participate in the dividend without losing as much and curtailing risk. We all know the dividend is the only attractive thing about this stock. I doubt we'll be reading "In the year of Amazon, the one company that prevails: Gamestop! lol! If you want risk/reward you buy Tesla or something else No one wants to be in this, so many negatives. If you like the dividend, get out and back in after the report for less, actually makes sense. Changing business plan plus losing market share drastically to competitors from the main business equals what? Retail in shambles Best Buy still gains in gaming sales, Amazon gains in gaming sales equals what? Downloading and streaming gaining even more steam than others were prepared for equals what? Leaving it up to collectibles (which can't sustain growth) directv and at&t and selling kongregate equals what? Why would anyone be interested? No answers necessary, food for thought. Dividend investors get out and in if you're just looking for the high% on this thing.
  • If they have to mess with guidance it'll go below the $17.50 PT easily, why do you think they had to sell their best chance at growth (read the call) Kongregate? It's getting messy folks!
  • Imposter Jedd's slip.."I know its hard to tell when WE'RE joking".
    WE? Plural? Is each of his Id's its own 'person'? Seems our basher is losing it......
    Divvy is nice but the real reason to own GME is that it is VERY undervalued:
    Trading below its book value.
    6 times earnings
    4 times cash flow
    The best part is the fastest growing parts of the company have the best gross margins. That's why earnings are holding up.
    Can't wait for earnings, as expectations are so low that just an in line report will push this back to $24+.
  • Another terrible day. Market down and this pos up. I still can't believe this hasn't made a new low yet. My boss told me back in February this would be in the mid teens, yet here we are almost 5 months later and its still holding in the 20's. I have been told in no uncertain terms that I am to answer all positive comments here with a negative comment while using as many id's as possible. Also I must make sure that my posts are on top. This can be exhausting as I had to reply to myself 127 times on a single post a while back. I have no choice to obey him though as I need this job.
    What else can I do?
  • JCTuttle is confusing Blockbuster with Dick. No worries as the low from last November still stands despite all the pantywetting from our multi-alias board basher. Undervalued and heavily shorted stocks usually make for a nice squeeze when good news hits. However GME trading below book value only needs not to report bad news for the same squeeze to occur.
  • Imposter Jedd lives on!
    7 thumbs up in just 4 minutes on your last post? You're a very busy boy today!
  • Just got back from a cruise and noticed a $380 dividend hit my account while I was away. I believe that puts me over $1100 in dividends since February. My cost is $21.10 so its all good. Very undervalued stock with very low expectations. I cant wait until earnings.
  • Even I know this is a must sell through earnings but I don't have much in it and have already lost a bunch but real investors are too smart to hold through and realize that they'll probably have to guide down after the possible miss. I know it's too risky but obviously I don't care.
  • GameStop: I Can't Get The Taste Of Blockbuster Out Of My Mouth

    GameStop had horrendous 20% same-store sales declines in the US over the holiday season.

    Management has not sufficiently beefed up the company's online presence.

    Q1 results have been artificially inflated by strong Nintendo Switch sales, which will die down in quarters to come.
  • May 30 Edited transcript from CC, form your own opinion, here's some work for those who are interested: "You called out Kongregate as a good driver this quarter, I think we've seen a little bit in our data. How should we think about that within your business going forward? And is there any way that, that can be a needle-mover when it comes to your earnings over the next couple of years? -------------------------------------------------------------------------------- J. Paul Raines, GameStop Corp. - CEO and Director [25] -------------------------------------------------------------------------------- Mike, do you want to take that or... -------------------------------------------------------------------------------- Michael P. Hogan, GameStop Corp. - EVP of Strategic Business & Brand Development [26] -------------------------------------------------------------------------------- Yes, I would say that Kongregate has been an interesting -- has been a good business for us. We continue to be interested in the mobile gaming category. I think it's just -- the way to think about it, it's part of our overall strategy and overall commitment to digital. So whether it's mobile games or whether it's full game downloads or whether it's in-game content or whatever, we continue to remain committed across that. I think that it's also fair to say that we've gained some experience via Kongregate in terms of publishing games, which we started probably 3 years ago -------------------------------------------------------------------------------- J. Paul Raines, GameStop Corp. - CEO and Director [27] -------------------------------------------------------------------------------- Kongregate is a really important asset for us ---------"
  • The numbers and charts say GME will be going up. So, I guess You nay sayers, must be SHORTERS. Which means, you must be scared to death, because you will be covering soon. I will thank you in advance and I will be waiting for you to gift me.
  • Jedd's actually got a decent point. Why hold through earnings for the divi investors? I won't waste time and explain the classic value trap argument which isn't really an argument, because that's what this is. However, this could lose over 30% while holding. I don't think anyone should be in it with all of the better suited options out there. Why not just sell and get back in for cheaper after, if for some awful reason you like this one. The risk is nuts to hold through news and the divi isn't even worth it compared to how much it'll probably lose over time. It's getting bad, even retail investors that do the dd are starting to see it. Sale of Kongregate a cry for help to get $ on paper before the yr. It's amazing it's even holding up. Expect extreme lower lows in the future imho. Something's up for sure and it surely isn't worth the risk. At the very least stay on the sideline and check it out but it's not worth it right now going forward. The numbers won't lie.
  • So Kongregate, expected to bring in $35m - $50m annually, gets sold for $55m. One source of growth gone, given up on, in a collection of declining segments. This is not good news. Lucky it's summer and a slow market today. This info will catch up. Doesn't make sense unless they're in trouble, they don't need the cash, something's up
  • A blind man could see this is going to become a teenager again.

    Only the blind loser fools are buying it here before it does.
  • Can't you understand it's trading where it is for many many reasons and consensus is that it will miss, and when it does look out below!
  • Everybody and their mother believes this stock is doomed and will be $1.09 stock in a few years. Everybody and their mother is short. Everybody and their mother is in this very crowded trade. Every piece of bad news has been priced into this short crowded trade. We all know what happens in crowded trades.
  • @Chkpfbeliever Lol. I have data too, that's available to everyone. Pull the reports yourself. Guess what contributed to Best Buys stellar quarter and guess where it stole market share from? Amazon's gaming has been very strong too. They're both smart enough to do what they're doing and take market share from this dino. Amazon has its own strategy when it comes to gaming, you can look that up too, and I assure you it has nothing to do with gme. I don't know about anyone else but I trust Amazon's mangement. Gme management has had cash flow and not been able to do anything with it and is barely holding on. Check out a chart and where it's continuously going. Anyone that thinks this smart money is wrong is going to be sadly disappointed when it comes to earnings and year over year imo.
  • @Jerry lol Now that's funny! Thanks for keeping it light during this dark time for gme. Nintendo is a $47 B company, that's B for Billion lol. The selling of Kongregate is another weak move by management to try to get something for one of it's projects that hasn't panned out and almost guarantees that they're struggling to meet year to year numbers and looking to sell something for cash. In their CC they had plans for Kongregate, what happened? I wonder. Looking worse and worse just follow the signs.
  • Read the Q & A section of the transcript about Kongregate, sounds laughable now almost as much so as depending on DIRECTV bundles. . . . Something is even more wrong than we thought https://finance.yahoo.com/news/edited-transcript-gme-earnings-conference-055730525.html
    Q1 2017 GameStop Corp Earnings Call

    Edited Transcript of GME earnings conference call or presentation 25-May-17 9:00pm GMT
    Q1 2017 GameStop Corp Earnings Call
  • WE'RE meant you and I, the Jedds. Do you understand now?