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If you think Gamestop's stock run has been because of increased demand for gaming and increased sales then you haven't been paying attention.
In the general forum. Subscription only
The point is that saying your'e going to give money to charity is nothing special. But whatever. Hold your stock till the end when Gamestop is gone (or a shadow of itself, which is already a shadow of its old self).
Not saying that at all.
Diamond handers will still call this bullish.
Down like 30% today. Buy the dip, lol?
I bought a Deadpool t-shirt at a Gamestop and nothing else in the past 10 years.
Same! The 30% some odd drop in share price yesterday didn't even really phase me. I'm not a believer in the MOASS but I do think that Ryan Cohen is going to make GameStop a $50+billion company within the next few years
Now hold on HockeyJon: as of this message you now know of someone who does shop at GameStop...on rare occasion. 2 reasons really: let's start with one of the elephants or 800 pound gorillas in the room which is what they do with new games in-store. Yes they'll open up the box of each one, put the disc or game card in a drawer behind the cashier therefore kind of making a new game not a new game. However; there is a loophole to this policy. That loophole is if you preorder a game in-store or online at GameStop they actually take all the copies paid for either partially, halfway or all the way and they don't touch those copies. They leave them factory-sealed with their total newness intact. That is though only if you preorder in-store or online.
Or - they've axed costs down to bare minimum to stay alive and not much else changed. 20% is an irrational jump for the activity they posted which means yes, it's still a meme stock and you'll likely lose your shirt if you buy in now.
I don't even remember the last time I was in the one near me.
Defintely axed cost down given their revenue barely change (2.22 billion ending 01/28/23 vs 2.25 billion ending 01/29/22), but their expenses gone down (1.72 billion vs 1.875 billion for cost of sales and 453 million vs 538 million for administrative cost).
I like the DD. They're turning this ship around. $1000 dollars this week and likely $2000 on the open on Monday morning. Diamond hands my boys.
There are 8 within a 15 mile radius of me. 7 of them are a 15-minute drive or less away.
There were 3 in one mall about 10 years ago lol. When GameStop brought up all the competition back in the day they just converted all the different stores into Gamestops. They all stayed open for awhile. I don't believe there are any left in there. Seem they are shutting down all stores in malls.
Yep, had that at mine too. I think there's one left still though.
Doesn't mean much when they shutting down stores left and right. The only one near me only has one employee working there too.
Of course it does. They are trimming expenses and closing underperforming stores.
That some heavy cope. All their stores are underperforming. No one goes to gamestop anymore.
, hopefully will get a round 3 haha