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3xtasura
3xtasura
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2022-03-31
Always posting FUDS
These 2 Charts Show GameStop's Biggest Problems
It's going to be tough for the video game retailer to get back on track.
These 2 Charts Show GameStop's Biggest Problems
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3xtasura
3xtasura
·
2022-02-25
Bullshit
The Excitement Is Over for GameStop Stock
We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late Jan
The Excitement Is Over for GameStop Stock
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posting FUDS","listText":"Always posting FUDS","text":"Always posting FUDS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013258858","repostId":"2223366311","repostType":2,"repost":{"id":"2223366311","kind":"highlight","pubTimestamp":1648732784,"share":"https://ttm.financial/m/news/2223366311?lang=&edition=fundamental","pubTime":"2022-03-31 21:19","market":"us","language":"en","title":"These 2 Charts Show GameStop's Biggest Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=2223366311","media":"Motley Fool","summary":"It's going to be tough for the video game retailer to get back on track.","content":"<div>\n<p>KEY POINTSThe ongoing decline in used-game sales has pushed GameStop's gross margin well below that of other retailers.High operating expenses tied to thousands of small stores make it hard to turn a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/31/these-2-charts-show-gamestops-biggest-problem/\">Web Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 2 Charts Show GameStop's Biggest Problems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 2 Charts Show GameStop's Biggest Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-31 21:19 GMT+8 <a href=https://www.fool.com/investing/2022/03/31/these-2-charts-show-gamestops-biggest-problem/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe ongoing decline in used-game sales has pushed GameStop's gross margin well below that of other retailers.High operating expenses tied to thousands of small stores make it hard to turn a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/31/these-2-charts-show-gamestops-biggest-problem/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4547":"WSB热门概念","BK4076":"电脑与电子产品零售","GME":"游戏驿站","BK4577":"网络游戏"},"source_url":"https://www.fool.com/investing/2022/03/31/these-2-charts-show-gamestops-biggest-problem/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2223366311","content_text":"KEY POINTSThe ongoing decline in used-game sales has pushed GameStop's gross margin well below that of other retailers.High operating expenses tied to thousands of small stores make it hard to turn a profit.GameStop is closing stores and moving beyond video games as it attempts a turnaround.GameStop the stock is a comeback story for the ages. The beaten-down video game retailer delivered incredible gains for investors who bought in before the frenzy early last year. GameStop the company, however, is another story entirely.A low-margin affairGameStop primarily sells video game consoles, physical copies of new games, and used games. That last category has historically been the most lucrative for it, although the company stopped disclosing used-game sales and gross margin by category in early 2020.With gaming going digital, the used-games business has been in decline. Since game consoles and new games aren't exactly big moneymakers for retailers, GameStop's overall gross margin dropped to 22.4% last year. That's down from 29% in 2017, and it doesn't compare well to other retailers.Chart by author. Data source: GameStop, Walmart, Target, Best Buy.Small stores are expensive to runA low gross margin wouldn't be a problem if GameStop kept a tight lid on operating expenses. But the nature of the business makes that impossible. Unlike electronics retailer Best Buy, GameStop operates a large number of small stores. The company runs over 4,500 stores globally, many of them in malls and outdoor shopping centers. In contrast, Best Buy operates just over 1,110 stores and generates nearly nine times as much annual revenue as GameStop does.Running all those stores is not cheap.Chart by author. Data source: GameStop, Walmart, Target, and Best Buy.While Best Buy can make up for a low gross margin by being ultra-efficient at running its big-box stores, GameStop doesn't have that option. The business worked when high-margin sales of used games were strong, offsetting the low margins of other products. It's not working anymore.What's GameStop doing to fix this?The company is broadening its catalog of products, and it's having some success. Sales related to PC gaming, including accessories and gaming laptops, soared 150% last year. E-commerce is also a big focus, and the company has been closing stores to reduce costs. It is also working on some non-fungible token projects, which certainly have some potential.The good news is that GameStop has a ton of cash to fund its turnaround. The company has nearly $1.3 billion in cash and less than $50 million in debt. It can lose heaps of money, like it did in 2021, for years before liquidity becomes a problem.The bad news, at least for investors, is that GameStop's market cap has inflated to around $14 billion. That's about two-thirds of the market cap of Best Buy. Even assuming the best-case scenario, its valuation requires some serious mental gymnastics to justify.Can GameStop make a comeback? Sure. But judging from these charts, the company has a lot of work to do, and a successful turnaround might not translate into a higher stock price.","news_type":1,"symbols_score_info":{"GME":1}},"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030549748,"gmtCreate":1645764666084,"gmtModify":1676534062410,"author":{"id":"3573965302314444","authorId":"3573965302314444","name":"3xtasura","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573965302314444","idStr":"3573965302314444"},"themes":[],"htmlText":"Bullshit","listText":"Bullshit","text":"Bullshit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030549748","repostId":"1145816604","repostType":2,"repost":{"id":"1145816604","kind":"news","pubTimestamp":1645751382,"share":"https://ttm.financial/m/news/1145816604?lang=&edition=fundamental","pubTime":"2022-02-25 09:09","market":"us","language":"en","title":"The Excitement Is Over for GameStop Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1145816604","media":"investorplace","summary":"We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late Jan","content":"<div>\n<p>We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late January 2021, GameStop (NYSE:GME) stock surged from around $50 to nearly $500 in the span of a few days...</p>\n\n<a href=\"https://investorplace.com/2022/02/the-excitement-is-over-for-gamestop-stock/\">Web Link</a>\n\n</div>\n","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Excitement Is Over for GameStop Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Excitement Is Over for GameStop Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-25 09:09 GMT+8 <a href=https://investorplace.com/2022/02/the-excitement-is-over-for-gamestop-stock/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late January 2021, GameStop (NYSE:GME) stock surged from around $50 to nearly $500 in the span of a few days...</p>\n\n<a href=\"https://investorplace.com/2022/02/the-excitement-is-over-for-gamestop-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2022/02/the-excitement-is-over-for-gamestop-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145816604","content_text":"We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late January 2021, GameStop (NYSE:GME) stock surged from around $50 to nearly $500 in the span of a few days, opening investors’ minds to a whole new type of trade. If enough people started to buy a company’s stock , it seemed that the sky really was the limit for those shares.However, the excitement about plays like GameStop and AMC (NYSE:AMC) has now fizzled. Predictions of subsequent short squeezes and trips to the moon have failed to materialize. In fact, as the stock market as a whole has corrected and speculative stocks have plunged, names like AMC stock and GME stock have declined sharply as well. As it turns out, fundamentals actually do matter, and GameStop’s fundamentals are very poor.Where’s the Turnaround?For all the excitement about Ryan Cohen joining GameStop and trying to turn it around, the company has not made much progress.The video-game industry had a record year in 2021, as the sector’s sales climbed 8%, exceeding $60 billion. GameStop, however, is generating large losses, and its revenue remains far short of its levels from a few years ago.Analysts, on average, expect the company to report major losses in 2022, and their mean estimates call for its revenue growth to decelerate. Overall, for all the hype about GameStop, the company’s business appears to be struggling as much as ever.No Reason for OptimismThings aren’t likely to get much better for GameStop. For years, the company relied on secondhand game sales to drive crucial, high-margin revenue streams. However, this business is slowly becoming obsolete.That’s largely due to streaming services that specialize in video games. Companies such as Microsoft (NASDAQ:MSFT) are launching successful streaming channels, making it less and less important to actually own games. Just as Netflix (NASDAQ:NFLX) eliminated the need for physical DVDs and Spotify (NYSE:SPOT) replaced CDs, gaming streaming services (along with digital download platforms like Steam) are likely to replace GameStop eventually.Adding to that transition is the consolidation in the gaming industry. That is, in order to broaden their product offerings, companies are merging with each other. Microsoft’s acquisition of Activision (NASDAQ:ATVI) will be particularly problematic for GameStop.Activision has created many of the best-selling game series of all time. Now all of those games will be under Microsoft’s control and can quickly be added to the software giant’s streaming system, cutting out the middleman i.e. GameStop.No Monopoly on NFTsA big focus for GameStop recently has been cryptocurrency and non-fungible tokens (NFTs). But that initiative is unlikely to be very successful. A group of investors backed by the controversial internet marketer, Tai Lopez, bought Radio Shack’s intellectual property and are hoping to create a cryptocurrency and NFT ecosystem with the IP. While they’re at it, why not turn Kodak and Blockbuster into crypto plays as well? Kodak, after all, had its short-lived KodakCoin project.My point is that there are many other companies which will be able to easily compete with GameStop in the cryptocurrency space. It’s not hard to grab some IP that appeals to millennials and use it to launch a cryptocurrency or NFT project. A much harder challenge. however, is making such a project impactful on society or financial markets.GameStop was one of the first “old economy” companies to embrace cryptocurrency as a marketing tool. But many firms have followed in its footsteps, and GameStop’s potential first-mover advantage in the space has faded.The Verdict on GME StockGameStop became a fascinating story in January 2021. It pitted a bunch of renegade traders against some hedge funds and market makers in a compelling clash. The first season of GameStop versus Wall Street was very dramatic.But like a TV series that has gone on for way too many years, GME stock is no longer such a compelling story. Meme stocks have plunged, and the shares of brokerage firms such as Robinhood (NASDAQ:HOOD) have collapsed as their trading activity and profits have dried up.And, most importantly, the possibility of a short squeeze ended months ago for GameStop. By now, anyone shorting GME stock who was going to cover their positions already did so ages ago.GameStop at this point is a struggling video game retailer. It has some cash, which gives it a fighting chance to launch a new business model.So far, however, its efforts in crypto and NFTs have been profoundly underwhelming. And the e-commerce sector is losing steam in general; the shares of Ryan Cohen’s original company, Chewy (NYSE:CHWY) have crashed. If GameStop was supposed to be the Chewy of video games, that’s not such an appealing goal now.GameStop had a sensational run, but it’s over, and it’s time to move on.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}