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Burque

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GameStop should raise capital and drastically change their stores/business model.

I have ideas.
They would have to go the total reinvention route. Because honestly right now they are staring down a blockbuster level of failure.
 

Ares

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They would have to go the total reinvention route. Because honestly right now they are staring down a blockbuster level of failure.

I was thinking, since they are already brick and mortar....

A place where you go to game with other humans.

They can still sell games and consoles, but hire staff that organize the gaming at the store so people either buy a subscription to keep coming back, or decide to buy stuff to take home.

Expand into PC gaming more... partner with Newegg/Amazon....

Sell gaming, not just cold physical copies of games.

Oh and use excess compute capacity of the equipment at each store to mine cryptocurrency.

Even if you have slow days, the store is still making some kind of money.
 

Burque

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I was thinking, since they are already brick and mortar....

A place where you go to game with other humans.

They can still sell games and consoles, but hire staff that organize the gaming at the store so people either buy a subscription to keep coming back, or decide to buy stuff to take home.

Expand into PC gaming more... partner with Newegg/Amazon....

Sell gaming, not just cold physical copies of games.

Oh and use excess compute capacity of the equipment at each store to mine cryptocurrency.

Even if you have slow days, the store is still making some kind of money.

I have seen several of those gaming centers come and go over the years.

Not saying that it couldn't work if you combined the retail sales aspect of it, because none of the gaming centers ever did that as far as I know.

I guess I could see them attempting to go the in store entertainment route.

The major issue that I see with that is your revenue gain is not going to be from bread winners that have money, it is going to be from allowances.
 

Raskolnikov

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I was thinking, since they are already brick and mortar....

A place where you go to game with other humans.

They can still sell games and consoles, but hire staff that organize the gaming at the store so people either buy a subscription to keep coming back, or decide to buy stuff to take home.

Expand into PC gaming more... partner with Newegg/Amazon....

Sell gaming, not just cold physical copies of games.

Oh and use excess compute capacity of the equipment at each store to mine cryptocurrency.

Even if you have slow days, the store is still making some kind of money.

Yeah...I could see something like that working on subscriptions and/or appointments. Like schedule your chair/headset/system/game dream...and you arrive for your hour with everything set up for a trial. Pay $20 for the hour, maybe each store has 8 stations, fee waived if you buy anything...and you get to try the latest coolest stuff like a sharper image but immersive experience...

host buy-in tournaments. facilitate networking. (almost pool hall like)
play-off against other stores in other cities live as groups (modern arcade like)
Sell Bobo and energy drinks.
Get a liquor license.
Have a "dark" adult booth, for the adult turn in gaming...
and gloryholes and hookers as prostitution is legalized regionally. (stripclub like transformation of the old storage areas)
Sell cars off of simulators, and train for your pilots license as we all might need to operate our drone like heli's, future rides.


Bobo and a blow? $59 combo special.

(I've just realized Idiocracy already did this with Starbucks)
 

Tater

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I am in GME and AMC.

It is money I can part with if things go south.

I'm not planning to give the hedgies a break.


Did you buy them through TDA?

For your Gamestop idea, I'm thinking live money team tournaments. Also, I tried out Occulus virtual reality googles. Those things are incredible and could be rented in store.
 

knoxville7

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Shout out to all my ? ? brothers that held the line today and bought even more GME to close us over 320... that was huge.

It's an honor to stand beside you all on this ? to Valhalla.

keep holding it and Valhalla is exactly where your portfolio is going lol
 

Broc

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keep holding it and Valhalla is exactly where your portfolio is going lol

Meh, I could ?? my GME shares all the way back down to $0 and me and my portfolio would give zero fucks. The only thing I risked was the play pile from my **** around day trading account, which is already dead money as far as I'm concerned. If it returns to me a hero bearing riches from the moon awesome. If not and I end up a bagholder for other WSB apes, that's fine too. ???


TLDR:
https://www.reddit.com/r/wallstreetbets/comments/l8mzow
 

JimAKABlkhwks918

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Doesn't seem to be much sympathy here for the hedge funds, but just in case there is...a little film by the epitome of tone deaf gold-digging trash...

 

Ares

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Quiet day for the GME squeeze.... low trading volume.

I am just waiting for the news that the SEC found a way to give the hedge funds a loophole to get out with most of their money.

Govt always seems to find a way to bail out the wealthy.
 

knoxville7

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Quiet day for the GME squeeze.... low trading volume.

I am just waiting for the news that the SEC found a way to give the hedge funds a loophole to get out with most of their money.

Govt always seems to find a way to bail out the wealthy.

the redditors have moved on to silver. The “hold the line” people are going to “hold the bag” in the end. There’s a couple hedge funds that have lost money, but the vast majority are making money thru this. They are the ones that are selling AMC, GameStop, etc to the retail investors at prices they never thought they’d be able to sell it for. It’s the new investors that think “stonks only go up” that have been investing for a few months and think they’ve got it “figured out” that are going to lose everything. The wealthy are fine, and won’t be looking for a bailout because they are making money on this in reality
 

MDB111™

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?
?
?
 

Scoot26

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the redditors have moved on to silver. The “hold the line” people are going to “hold the bag” in the end. There’s a couple hedge funds that have lost money, but the vast majority are making money thru this. They are the ones that are selling AMC, GameStop, etc to the retail investors at prices they never thought they’d be able to sell it for. It’s the new investors that think “stonks only go up” that have been investing for a few months and think they’ve got it “figured out” that are going to lose everything. The wealthy are fine, and won’t be looking for a bailout because they are making money on this in reality
Yeah, can we get back to more cool stocks now?
 

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