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PierPunk
LSU Fan
#BugaNation
Member since Apr 2013
3177 posts

re: So I bought some Gamestop(GME)
quote:

Aren't all games going to be delivered online shortly?


GameStop announces multiyear strategic partnership with Microsoft


hiltacular
Georgia Tech Fan
Philadelphia
Member since Jan 2011
17306 posts

re: So I bought some Gamestop(GME)
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



PierPunk
LSU Fan
#BugaNation
Member since Apr 2013
3177 posts

re: So I bought some Gamestop(GME)
Did you not read?

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


hiltacular
Georgia Tech Fan
Philadelphia
Member since Jan 2011
17306 posts

re: So I bought some Gamestop(GME)
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 at 11:57 am


Upperdecker
US Space Force Fan
St. George, LA
Member since Nov 2014
23630 posts

re: So I bought some Gamestop(GME)
Looking for guidance during earnings and Cohen response. That will be very important


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13
finchmeister08
Florida Fan
Member since Mar 2011
24342 posts

re: So I bought some Gamestop(GME)
So I bought some Gamestop(GME)

quote:

This is probably a bad idea


investing in physical media in a digital media world? nah, you made the right decision.




ShootingsBricks4Life
New Orleans Saints Fan
Member since May 2017
1896 posts

re: So I bought some Gamestop(GME)
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.


MusclesofBrussels
Member since Dec 2015
3305 posts

re: So I bought some Gamestop(GME)
Well, looks like gamestop is down about 18% this morning...


oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
30866 posts

re: So I bought some Gamestop(GME)
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


oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
30866 posts

re: So I bought some Gamestop(GME)
God damn I'm onto something stuck at 13.60s.

I gotta quit predicting things.... Or better yet .... Here comes the big dip


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VADawg
USA Fan
Jacksonville
Member since Nov 2011
26572 posts

re: So I bought some Gamestop(GME)
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.


TigerCrude
LSU Fan
Member since Oct 2019
1652 posts

re: So I bought some Gamestop(GME)
Worst decision ever buying this at 14.2. Only got 35 shares. Guess I should cut my losses


go ta hell ole miss
New York Yankees Fan
Member since Jan 2007
9158 posts

re: So I bought some Gamestop(GME)
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.


TigerCrude
LSU Fan
Member since Oct 2019
1652 posts

re: So I bought some Gamestop(GME)
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.


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50
oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
30866 posts

re: So I bought some Gamestop(GME)
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


oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
30866 posts

re: So I bought some Gamestop(GME)
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


Upperdecker
US Space Force Fan
St. George, LA
Member since Nov 2014
23630 posts

re: So I bought some Gamestop(GME)
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


Tecade12
LSU Fan
Member since Oct 2016
159 posts

re: So I bought some Gamestop(GME)
ELYS. I dont know much butin the last week its up 100%


The Mick
LSU Fan
Member since Oct 2010
41304 posts

re: So I bought some Gamestop(GME)
quote:

People still like discs.
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.


supadave3
LSU Fan
Baton Rouge
Member since Dec 2005
23947 posts

re: So I bought some Gamestop(GME)
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.


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