Current Events > Will GameStop go bankrupt? Or are they pretty stable now?

Topic List
Page List: 1
IdiotMachine
12/12/21 10:57:55 AM
#1:


They're offering $330 gift cards for PS4 Pros, so was going to trade mine in and buy a PS5 when they eventually get more available.

---
https://i.imgur.com/XNEdLrJ.png
... Copied to Clipboard!
Alucard188
12/12/21 10:58:34 AM
#2:


stonks

---
Face it Cloud is a gaming icon and has appered in lots of games while mario has only appeared in 2 games sunshine and 64~xSlashbomBx
... Copied to Clipboard!
Makeveli_lives
12/12/21 1:12:16 PM
#3:


There a trade in promo going on? Cause I just got an OLED switch and will gladly trade move in for 220+ if there is

---
Switch FC: SW-3917-4425-6106
PSN: PiKappaPhi769
... Copied to Clipboard!
Bio1590
12/12/21 1:51:59 PM
#4:


They literally paid off all their debts so even if the stock does tank they'll be fine for awhile.

Unless the stock tanking means some Hedge Fund buys it all simply to fucking destroy them >_>

---
https://i.imgur.com/bbRWLI8.gif https://i.imgur.com/A0BErSV.jpg
https://i.imgur.com/S1m3po4.jpg https://i.imgur.com/7fCcfko.jpg
... Copied to Clipboard!
Unsugarized_Foo
12/12/21 1:53:20 PM
#5:


Bio1590 posted...
They literally paid off all their debts so even if the stock does tank they'll be fine for awhile.

Unless the stock tanking means some Hedge Fund buys it all simply to fucking destroy them >_>


Then wallstreetbets returns to the fray to save them some how

---
"All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana
... Copied to Clipboard!
DarkRoast
12/12/21 1:56:33 PM
#6:


Bio1590 posted...
They literally paid off all their debts so even if the stock does tank they'll be fine for awhile.

Unless the stock tanking means some Hedge Fund buys it all simply to fucking destroy them >_>

This isn't how stocks work.

If your company's business model is non-viable, the best you can do is enter a different industry entirely or completely redesign the way in which you provide it.

Gamestop has done neither.


---
Razer Blade 15 - Core i7 9750H, RTX 2080 Max-Q, 32 GB DDR4 2666
... Copied to Clipboard!
Fade2black001
12/12/21 2:03:08 PM
#7:


The owner of Chewy bought out Gamestop, Ryan Cohen I think his name is and Gamestop's stock price is at like 170 per share.

---
Put on a smile cause Jesus loves you
... Copied to Clipboard!
VigorouslySwish
12/12/21 2:07:14 PM
#8:


Cant believe this shit company lucked out so hard

They owe reddit everything

---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
VigorouslySwish
12/12/21 2:08:16 PM
#9:


Gamestop tried to claim they were an essential business during the start of the pandemic

That is some scummy shit right there

---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
coolpal23
12/12/21 2:09:11 PM
#10:


VigorouslySwish posted...
Gamestop tried to claim they were an essential business during the start of the pandemic

That is some scummy shit right there


---
MSI B360-A PRO|Asus Rog 8Gb Rtx 2070S| DDR4 2400 32Gb G.skill| i5 8600K 3.6Ghz
Steam: That Hero Luka "Fact and fiction, where do you draw the line?"
... Copied to Clipboard!
Makeveli_lives
12/12/21 2:16:51 PM
#11:


VigorouslySwish posted...
Gamestop tried to claim they were an essential business during the start of the pandemic

That is some scummy shit right there
In their defense, shutting down during the pandemic would have killed then financially. Theyre on life support now because of their decision to stay open instead of dying.

And killing GameStop will not make gaming better, dont know why people think like this. Unless game x change is willing to aggressively expand in their absence, I dont see games being sold in brick and mortar stores being a thing at all in a decade.

---
Switch FC: SW-3917-4425-6106
PSN: PiKappaPhi769
... Copied to Clipboard!
DarkRoast
12/12/21 2:18:31 PM
#12:


The fact that the Xbox and PS5 both have models without disc drives out at launch is a bit of a "writing on the wall" thing.

---
Razer Blade 15 - Core i7 9750H, RTX 2080 Max-Q, 32 GB DDR4 2666
... Copied to Clipboard!
MushroomMuncher
12/12/21 2:22:55 PM
#13:


DarkRoast posted...
The fact that the Xbox and PS5 both have models without disc drives out at launch is a bit of a "writing on the wall" thing.
Haven't those been selling far less than the ones with the disc drives?

---
Do I look like I know what a jpeg is
... Copied to Clipboard!
Makeveli_lives
12/12/21 2:59:37 PM
#14:


MushroomMuncher posted...
Haven't those been selling far less than the ones with the disc drives?
Nobody wants the S though. I can walk in my local Costco and pick one up with no hassle at all. Been able to do it for over a month now.

---
Switch FC: SW-3917-4425-6106
PSN: PiKappaPhi769
... Copied to Clipboard!
Bishop9800
12/12/21 3:02:54 PM
#15:


Makeveli_lives posted...
Nobody wants the S though. I can walk in my local Costco and pick one up with no hassle at all. Been able to do it for over a month now.

Which Costco are you near? And in which state?

---
There are enough attention whores on CE as it is.
... Copied to Clipboard!
Makeveli_lives
12/12/21 3:09:24 PM
#16:


Bishop9800 posted...
Which Costco are you near? And in which state?
I'm in Jersey. Got 2 within 30 minutes of me in different directions. The one I frequent is in North Brunswick.

---
Switch FC: SW-3917-4425-6106
PSN: PiKappaPhi769
... Copied to Clipboard!
Trumpo
12/12/21 3:51:25 PM
#17:


Deepfuckingvalue was holding shares for over two years before the sp shot up early this year.
... Copied to Clipboard!
Unsugarized_Foo
12/12/21 5:30:05 PM
#18:


VigorouslySwish posted...
Gamestop tried to claim they were an essential business during the start of the pandemic

That is some scummy shit right there

Theres a good argument that they're essential.

You just shut down the world and people need to vent. If you cant enjoy a night out, sports, or anything outside the home, video games are probably the best vent left. Not many other options that can have competition, entertainment, and socializing at home

I guess you could go protest too

---
"All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana
... Copied to Clipboard!
g980
12/12/21 5:45:05 PM
#19:


Theyre still losing money pretty quick

Reddit chumps pumping the price + a stock offering got them a big chunk of cash

The price is falling again, so that probably wont work again.

So yea they will go bankrupt, but it might take a while

---
These old bones live to learn her wanton ways:
(I measure time by how a body sways).
... Copied to Clipboard!
MadDewg
12/12/21 5:48:38 PM
#20:


VigorouslySwish posted...
Gamestop tried to claim they were an essential business during the start of the pandemic

That is some scummy shit right there
Not for me....they was letting us pick up persona 5 royal like 5 days early, RE3 remake and FF7 remake a day early for curbside pick up down here in south carolina, lol.

---
GTag:MadDogg730 PSN:lMadDogg NNID:xMadDoggx I bet my left nut on bloodstained ritual of the night being awesome...I like my left nut IGA, come through for me.
... Copied to Clipboard!
COVxy
12/12/21 5:49:10 PM
#21:


One could only hope.

---
=E[(x-E[x])(y-E[y])]
... Copied to Clipboard!
Prismsblade
12/12/21 6:17:38 PM
#22:


Not in the near future. They lucked out pretty hard due to the pandemic and while the same can be said for many other businesses GS was certanly onw of the biggeat winners overall.

In my opinion there's always going to be a market for physical disc.

---
3DS FC:3368-5403-9633 Name: Kaizer
PSN: Blackkaizer
... Copied to Clipboard!
VigorouslySwish
12/12/21 6:41:05 PM
#23:


Unsugarized_Foo posted...
Theres a good argument that they're essential.

You just shut down the world and people need to vent. If you cant enjoy a night out, sports, or anything outside the home, video games are probably the best vent left. Not many other options that can have competition, entertainment, and socializing at home

I guess you could go protest too

10 years ago MAYBE (not really lmao)

Now that you can download everything lmfao no way is it essential

---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
VigorouslySwish
12/12/21 6:41:58 PM
#24:


MadDewg posted...
Not for me....they was letting us pick up persona 5 royal like 5 days early, RE3 remake and FF7 remake a day early for curbside pick up down here in south carolina, lol.

People could argue you were just as scummy for supporting something totally unnecessary

---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
Pepys Monster
12/12/21 6:43:39 PM
#25:


Why can't they change their business model? If Blockbuster had offered a streaming service, for example, they would still probably be alive today.

---
Ryzen 3700X | Evga GTX 1070 Ti | 16GB DDR4 3200 | Crucial MX500 2TB
... Copied to Clipboard!
VigorouslySwish
12/12/21 6:44:18 PM
#26:


Gamestop was basically dead already because of downloading games. Who still wants to deal with relentlessly pestering salesman when you can download at midnight or get a day 1 shipping from amazon?

---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
MadDewg
12/12/21 6:50:25 PM
#27:


VigorouslySwish posted...
People could argue you were just as scummy for supporting something totally unnecessary
They'll be aight

Meanwhile, I got to chill and play me some persona 5 royal, FF7 remake, and RE3 remake early, lol

---
GTag:MadDogg730 PSN:lMadDogg NNID:xMadDoggx I bet my left nut on bloodstained ritual of the night being awesome...I like my left nut IGA, come through for me.
... Copied to Clipboard!
#28
Post #28 was unavailable or deleted.
Punished_Blinx
12/12/21 6:54:10 PM
#29:


DarkRoast posted...
The fact that the Xbox and PS5 both have models without disc drives out at launch is a bit of a "writing on the wall" thing.

https://news.microsoft.com/2020/10/08/gamestop-announces-multiyear-strategic-partnership-with-microsoft/

Following decades as an essential provider of the Microsoft Xbox gaming platform and services, GameStop has expanded its Xbox family of product offerings to include Xbox All Access, which provides an Xbox console and 24 months of Xbox Game Pass Ultimate to players with no upfront cost. GameStop and Microsoft will both benefit from the customer acquisition and lifetime revenue value of each gamer brought into the Xbox ecosystem.

To give them credit they're making some moves there.


---
A Fallen Mascot
... Copied to Clipboard!
VigorouslySwish
12/12/21 7:24:03 PM
#30:


Punished_Blinx posted...
https://news.microsoft.com/2020/10/08/gamestop-announces-multiyear-strategic-partnership-with-microsoft/

To give them credit they're making some moves there.

idk I feel like Gamestop is kinda getting played in that deal


---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
VigorouslySwish
12/12/21 7:24:31 PM
#31:


Guys I have a Gamestop bias bc I managed one for 2 years and wanted to die

just a heads up

---
i'm just some guy yellin' about apple sauce
... Copied to Clipboard!
IdiotMachine
12/13/21 9:13:31 PM
#32:


VigorouslySwish posted...
Guys I have a Gamestop bias bc I managed one for 2 years and wanted to die

just a heads up
Can you use GameStop gift cards to buy other gift cards?

---
https://i.imgur.com/XNEdLrJ.png
... Copied to Clipboard!
Topic List
Page List: 1