151–160 of 199 posts
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/u/deepfuckingvalue? he also posted screenshots iirc.
You do know how easy it is to go into developer mode, inspect element, and make things say whatever you want to say, right? How do you prove that was not done?
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a) Preordering and preloading games from digital stores isn't a new thing either. Internet connections are improving but are they improving at the rate of how large AAA games are becoming? (A little anecdote, I recall downloading video games on Steam 10 years ago and it took me on average a few hours. Now in the present, newer games like RDR2 took me days.) For b), I'm with you. GameStop does have an e-commerce platf…
> 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…
PC was never their primary market for as long as they existed, so I don't think this was the dent to their cause.
What is GameStop going to be five years from now when digital distribution is the only way video games are sold? I can't imagine selling game-related tchotchkes is a very good business. What else is there?
I was thinking recently about how GameStop might pivot. They have retail locations, which a lot of companies don't, so they should take advantage of that. Some examples I have thought of include: * put 3D printers in the stores and sell custom objects based off of your gamer profile. * convert the stores into a gamer bar and show eSports tournaments. * host LAN parties or move into tabletop games
> host LAN parties or move into tabletop games
The concept of “gamer bars” is woefully unexplored and one day I hope to retire early and start up one. Get space at a prime location, completely retrofit it, make it state of the art technology-wise.
The goal would be to make it a spot that high profile streamers would book months in advance for special events.
GameStop is positioned to do this kind of thing but at nation-wide scale.
> Mr. Francis brings more than two decades of experience in e-commerce and consumer technology to GameStop. Most recently, he was an Engineering Leader at Amazon Web Services. Checking LinkedIn Mr. Francis was at AWS for ~1 year working on DocumentDB, the MongoDB compatibility layer.
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GameStop owns ThinkGeek now and is much much worse at selling physical goods online. GameStop also made a good amount of its money through preorders, trade-ins, and resales. If they focus on an amazing web, customer, and fulfillment experience, I could see the ship correcting its course in a dramatic way.
Why don't they let me order a PS5? I know they are out of stock but they will be getting more in. Put me on a list and ship it to me in 6 months or 18 months or whenever they have stock again.
I don't know anything about how any of these companies operate logistically so I can't make any comments on this. It sounds like you'd like to put yourself on an infinitely long waiting list that fulfills PS5 orders on a first come first serve basis. My assumption is that something prevents companies from being able to do this because not a single one of them has this implemented.
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I see often stated as a fact that "a lot of retail investors from WSB bough a lot of GME shares", but I never see any proof about any of this. What's the proof that any retail investor actually bought GME? How many retail investors actually bought GME? How much money did they win or loose?
The fact that Robinhood had to emergency-raise $3billion to be able to put up the collateral with their clearing houses should be enough indication that a lot of retail traders were engaged in these highly volatile stocks. See e.g. https://fortune.com/2021/02/02/robinhood-gamestop-restricted...
I'm curious if the HFs that shorted Gamestop, are also profiting off of the wild swings by Redditors who have now lost hundreds of thousands of dollars. They could easily swing-trade this stock all the way down, using massive buy/sell orders to drive the price. If Melvin Capital isn't bankrupt after all of this, there might just be A LOT of broke redditors who cashed in their lifesavings on this gamble.
I see often stated as a fact that "a lot of retail investors from WSB bough a lot of GME shares", but I never see any proof about any of this. What's the proof that any retail investor actually bought GME? How many retail investors actually bought GME? How much money did they win or loose?
Also aforementioned impact on robinhood and other retail brokers.
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I'm sorry, but you seems to be void of any refutation of my logic. you iterated some famous people who are supportive of WSB, but... so what? Are they 'the wise ones of the stock market'? Are they financially supporting financial damage-takers? They're just famous people, and that's all. I agree that making a more level playing field is good. But that should be done by congress and law makers, not by burning gullible…
Except for the fact that lawmakers had zero reason to crack down on it. Only the wise and specially educated could comprehend how any of the market works. The poors are incapable of understanding charts and positions because it's so difficult. Only us in the ivory tower can keep the market stable and understand what companies actually deserve investment. Part 2, again, you've never been on WSB for even 1 minute. At e…
I was thinking recently about how GameStop might pivot. They have retail locations, which a lot of companies don't, so they should take advantage of that. Some examples I have thought of include: * put 3D printers in the stores and sell custom objects based off of your gamer profile. * convert the stores into a gamer bar and show eSports tournaments. * host LAN parties or move into tabletop games
The idea that they can pivot into tabletop hubs has been raised a few times, but I just don't see it - if you've ever talked to a tabletop game store owner, you'd realise that the "FLGS" model doesn't support that many businesses in a given area - even at 1/10th the density of gamestops, most are kept afloat by high margin items like magic the gathering cards or warhammer minis/paints. The tabletop/board game community stuff is treated either as a marketing expense or owner hobby. I don't see it sustaining a chain of Gamestop's size without serious downsizing.
Gamer bars obviously have licensing requirements like any other bar. Don't know how loose it is in the US, but good luck getting a bar approved in the middle of a shopping center in my country. Also, most gamestops just aren't that big.