191–199 of 199 posts
I was wondering if GameStop would use their once in a lifetime overpriced valuation to raise money to invest in a game streaming platform (ie Netflix for games).
Earlier quoted context omitted.
There is plenty of room to compete or innovate. GameStop might be getting a second chance, which is rare.
Lol. This is hopelessly romantic statement. 15 years ago they could have tried to compete or pivot. Now they are in position of an underdog with no experience vs established platform - Steam, Epic, GoG - if talking about selling games. You are basically suggesting that Gamestop have a second chance to compete vs Amazon, or Ebay, or Facebook for that matter. They are starting from scratch, all they have is physical lo…
I don't know if you know this, but that's actually kind of a big deal. Nationally distributed brick-and-mortar stores with logistics and connections in place to supply these locations are expensive and time consuming to stand up.
Those locations and logistical infrastructure could be a huge opportunity for them to pivot with, or you could think of it like collateral/capital that they could liquidate for pivoting in a different direction.
> No software teams, no user base, 0
Believe it or not, not every business has to have teams of software people churning out gamified node apps.
Not every company needs to start with a user base to abuse and exploit in order to be successful, and not every company needs to become the next Amazon/Google/Tesla in order to be successful and contribute in a meaningful and sustainable way to the economy and provide value for customers.
I sincerely hope you don't approach every challenge you meet in life with the same defeatist attitude. Use your imagination and don't give up!
Earlier quoted context omitted.
Yes, short attacks are complete gibberish and never existed before the past week. Just a conspiracy by the poors and those dirty people without our shiny degrees. Let me google that for you. OMFG, what's this 2014 article that details how this works? https://seekingalpha.com/instablog/11442671-gerald-klein/309...
You're being unneccessarily flippant and you're not even addressing the point. The point wasn't about short attacks, it was about "short ladder attacks". The person you're replying to is actually right, that explanation of a "short ladder attack" actually just generically describes short attacks and doesn't address the nonsense conspiracy of short ladders. The short ladder attack actually is a stupid conspiracy. It's…
Isn't that what they did with robinhood/others restrictions?
Earlier quoted context omitted.
A lot of people want GameStop to succeed and join the ranks of Netflix and Amazon. Retail investors that bought a few shares now have a tremendous amount of goodwill and loyalty towards the company.
that's when you pour almost all of your savings... And is 'loyalty towards a company' for having few shares a good thing? loyalty towards what ends? towards massive financial damage?
Earlier quoted context omitted.
The HFs that shorted Gamestop specifically? I'd guess not. But others? Most certainly yes there are institutional players in this one.
HFs who shorted GameStop at $400+ are swimming in money right now.
Earlier quoted context omitted.
> But cmon, there are highly upvoted posts in this thread speculating all video games are digital only within 5 years. Do you believe that? No, but simply because the console lifecycle is longer than 5 years and physical games can't die with the PS5 and Xbox SX around. However, PC games are absolutely digital only already. Even if you buy a swanky collector's edition of a game, you don't get the game in the box. Ther…
I don't think we're disagreeing. Looking at this as the worst case, GameStop has 5 years of cash flow to transform their brand - as they should. And this is only for a single aspect of their business. PC was never their primary market for as long as they existed, so I don't think this was the dent to their cause.
Physical sales are way, way, way down from 10 years ago already. It's only going to trend down further. I wouldn't call that a reliable source of cash flow.
Earlier quoted context omitted.
As of a few years ago, they are still popular in Korea. They do well in metropolitan areas with small apartments where a gaming PC, desk, and chair might not fit comfortably.
Even in Korea, they are way past prime though. I recall up to the early to mid 2000s you could literally find multiple PC Bangs in the same building (on different floors, etc.). Nowadays I'd say you'd be lucky to find one per block/neighborhood, if even that. And those that are still around seem much more sparsely populated.
Earlier quoted context omitted.
Even in Korea, they are way past prime though. I recall up to the early to mid 2000s you could literally find multiple PC Bangs in the same building (on different floors, etc.). Nowadays I'd say you'd be lucky to find one per block/neighborhood, if even that. And those that are still around seem much more sparsely populated.
Not sure if it's too late to reply, but as a person living in Korea now, I can turn around from the cafe I'm in and see multiple PC Bangs. Visiting one recently, my observation is still quite packed on the weekend, haven't experienced a weekday. This is in a place outside Seoul and slightly near a popular downtown area. Just felt motivated to provide an opposite perspective based on real experience.