Market analyst: "At this point, there's really no saving GameStop."

fool.com/investing/2019/04/05/gamestop-needs-to-step-up-its-game.aspx

>"Well, GameStop has been a terrible investment! But in my opinion, it's a terrible investment because management has always made terrible decisions. For a while, I was a big believer -- and in a sense, still am -- in GameStop's ability to change its business model for the better; to make it something that exists in five or 10 years. That hedged on, GameStop has this amazing refurbishment facility out in Texas. They're the only people really capable of buying, refurbishing, selling games. And they've never really tried to do anything with it. It was always this back-of-their-mind business model.

>So, for me, it's a frustrating stock to look at. At this point, there's really no saving GameStop. It's definitely down and out at this point. I'm not sure if there's a silver lining purely because management -- by the way, they're getting a new CEO in April, but the CEOs turned over a ton. They just have no vision. They're just sitting there, getting the dividend, wringing out the company for what it's worth then moving on

>It's clear that the company has no vision. I joked talking about GameStop earlier today with Aaron Bush. I made the joke that at least with Sears, Eddie Lampert had a plan. Not a plan to return value to shareholders. But man, did he have a plan to return value to himself, and he did it! And at least there was an underlying goal with that company. With GameStop, it's clear, they're just flailing, and they've been flailing for a long time".

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Won't really be missed but I do like the deals they keep giving me as they frantically trying to to stay above water

There is a motion for amazon to buy them up just to get a hold of the store locations. They want stores to only be controlled by one manager with a bunch of different types of stuff. Customers are recorded what they pick up and they go to a self register and if they take something they are blacklisted from any amazon store until they talk to amazon and the police.

Gamestop will close before you could unironically call them and ask for Battletoads

GameStop needs to make its own launcher

Just stop selling open games as "new." Why is that so hard? Why do you refuse my money? Why Gamestop?

People shit on gamestop a lot. But you can really get some good deals trading in your systems during special promotions if you have plans to use the store credit. I got $200 for an xbox one S that I had for a couple years when they were selling for barely over $200 new, usually with a game.

If I had tried selling it on ebay it would have been a whole hassle between scammy buyers and babysitting the listing and probably wouldn't have gotten much more than $150. I'll be sad to see them go just as an easy dumping ground for old stuff I no longer want.

I'm probably in the minority that it'll be missed. My local GameStop is pretty based. They always held great midnight release events. The store manager has been there since the Wii came out and he's always been real chill. Will always talk about JRPGs he's been chipping away at. I hope he finds a better job for himself.

S

>video game store
>80% of the inventory is cringe 'geek apparel' and funko pops nobody buys
>all the video games are already opened and scratched to shit
>have to do song and dance with the clerk as she asks me for all the bonuses and cards and shit
yeah no