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re: So I bought some Gamestop(GME)
Posted on 12/7/20 at 8:33 am to PierPunk
Posted on 12/7/20 at 8:33 am to PierPunk
quote:
GameStop announces multiyear strategic partnership with Microsoft
So basically Gamestop is going to be using all Microsoft products and software and walking around with microsoft tablets
some partnership 
2
Posted on 12/7/20 at 11:01 am to hiltacular
Did you not read?
Buy the console from GameStop and GameStop gets a cut from every game/app ever purchased on that console
quote:
GameStop and Microsoft will both benefit from the customer acquisition and lifetime revenue value of each gamer brought into the Xbox ecosystem.
Buy the console from GameStop and GameStop gets a cut from every game/app ever purchased on that console
Posted on 12/7/20 at 11:45 am to PierPunk
quote:
Did you not read?
Sounds like you haven't read it. The entire article is focused on Gamestop using microsofts products to fully optimize its store and transition to omnichannel. Is this good for gamestop? Probably but its not some game changing partnership if that is what you are trying to infer.
There is the tiniest sliver that mentions gamestop getting to sell xbox all access and seeing lifetime revenue from this source. Again, this is not some monumental revenue source. Any company that sells another companies subscription can expect to receive a % of the ongoing revenues. This isn't new stuff. A quick google shows me where other retailers also have the ability to sell xbox all access. Some partnership. I'd actually be more curious to know how many people actually pay for the xbox all access subscription.
"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."
This post was edited on 12/7/20 at 11:57 am
Posted on 12/7/20 at 1:37 pm to hiltacular
Looking for guidance during earnings and Cohen response. That will be very important
Posted on 12/8/20 at 7:13 am to oklahogjr
So I bought some Gamestop(GME)
investing in physical media in a digital media world? nah, you made the right decision.
quote:
This is probably a bad idea
investing in physical media in a digital media world? nah, you made the right decision.
Posted on 12/8/20 at 10:30 am to hiltacular
quote:
So basically Gamestop is going to be using all Microsoft products and software and walking around with microsoft tablets some partnership
So gamestop is the new geek squad. I hate digital but even I accepted it.
Posted on 12/9/20 at 8:43 am to ShootingsBricks4Life
Well, looks like gamestop is down about 18% this morning...
Posted on 12/9/20 at 11:13 am to MusclesofBrussels
quote:
Well, looks like gamestop is down about 18% this morning...
Nailed it. Looking like maybe we found a floor. There were buyers under 14 which should make the long shorts very nervous
Posted on 12/9/20 at 1:12 pm to oklahogjr
God damn I'm onto something stuck at 13.60s.
I gotta quit predicting things.... Or better yet .... Here comes the big dip
I gotta quit predicting things.... Or better yet .... Here comes the big dip
Posted on 12/9/20 at 2:06 pm to gobuxgo5
quote:
From someone who had Blockbuster at the end, good luck my friend.
Ryan Cohen bought into GME and they're supposedly going to focus on same day video game delivery. This should keep them from going down the Blockbuster road.
Posted on 12/10/20 at 7:07 am to VADawg
Worst decision ever buying this at 14.2. Only got 35 shares. Guess I should cut my losses
Posted on 12/10/20 at 7:16 am to TigerCrude
quote:
Worst decision ever buying this at 14.2. Only got 35 shares. Guess I should cut my losses
If your worst decision ever is a 5% loss on $500 investment then you are a rockstar. I’ve made worse decisions on losing $25 in a bar or even a grocery store. You should start your own investment firm if that’s your worst decision ever.
Posted on 12/10/20 at 10:14 am to go ta hell ole miss
Worst one I’ve made since corona is 500 dollar on nkla actually. Down 50% there.
The majority of my other stuff has stayed green. I should have played the ups and downs more but I’ve just been letting it ride. Turned 30k into 60k (haven’t cashed out yet so it could all change at any moment I guess) as a 24 year old. Feels pretty good to be honest.
The majority of my other stuff has stayed green. I should have played the ups and downs more but I’ve just been letting it ride. Turned 30k into 60k (haven’t cashed out yet so it could all change at any moment I guess) as a 24 year old. Feels pretty good to be honest.
Posted on 12/10/20 at 3:31 pm to TigerCrude
quote:
Worst decision ever buying this at 14.2. Only got 35 shares. Guess I should cut my losses
Lol gotta have bigger balls than that if you're gonna trade on something like a dying gme
Posted on 12/21/20 at 9:10 pm to oklahogjr
Alright checking back in cohen has added more stock. He's over 12% of the company now.
I dollar cost averaged while it went down and am now up a little bit.
If we can get low volume and steady pricing we may force some short selling finally and see the squeeze
I dollar cost averaged while it went down and am now up a little bit.
If we can get low volume and steady pricing we may force some short selling finally and see the squeeze
Posted on 12/21/20 at 10:31 pm to oklahogjr
Yea I added more while it was down and now I’m up even more. Cohen added at $16 so I’m not concerned about my share price to add at. I expect he’ll continue adding. By becoming a 10+% investor he has to be a lot more open about his moves and hold much longer. Very good sign for the value of this stock
Posted on 12/22/20 at 5:42 am to Upperdecker
ELYS. I dont know much butin the last week its up 100%
Posted on 12/22/20 at 7:57 am to go ta hell ole miss
quote:The new consoles dont even have disc drives unless you buy the more expensive version. All digital is the future. I don't know how gamestop can get into that since game downloads come directly from the microsoft or playstation store.
People still like discs.
Posted on 12/22/20 at 8:27 am to Tecade12
quote:
ELYS. I dont know much butin the last week its up 100%
I did too after seeing information somewhere about their growth. Not a large Chuck but about %1.5 of my portfolio. They’ve grown fro $2.80 $4.50/share since. Not bad at all.
Posted on 12/22/20 at 8:30 am to supadave3
quote:to late to get in?
They’ve grown fro $2.80 $4.50/share since.
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