Gamestop

[Getmegreek]

Why are gamestop employees so mean

[Sigma957]

Ursprünglich geschrieben von Fumo Bnnuy n Frends:

gamestop is probably one of THE WORST places to work

you're basically playing car salesman for video games in a business plan that's doomed to fail

it failed with blockbuster
it failed on sears
toys r us
etc.

the only reason they're still alive is nostalgia and because some redditors got lucky and meme'd their way to keeping it alive.

Nah Blockbuster failed because they thought widescreen would be a fad and laughed at it when I suggested it would be.
It became the standard for HDTVs so I got the last laugh.

[Dryspace]

Ursprünglich geschrieben von ❤ Chess Piece with a Shotgun:

...Or you get the worst ones, those that come in and need to be told that no, you can't refund PC CD games...

PC games haven't been sold in boxes in a decade. And as for PC CD games... I believe those went out around 20 years ago.

[dobrowol]

Most of the Gamestop stores around my way usually get robbed by those roaming "smash and grab" gangs. A very dangerous place to work in.

[Mega Ultra Chicken]

They know the business is going the way of Blockbuster

[Kamiyama]

Ursprünglich geschrieben von Fumo Bnnuy n Frends:

gamestop is probably one of THE WORST places to work

you're basically playing car salesman for video games in a business plan that's doomed to fail

it failed with blockbuster
it failed on sears
toys r us
etc.

the only reason they're still alive is nostalgia and because some redditors got lucky and meme'd their way to keeping it alive.

Did you know that Gamestop is profitable, has virtually no debt, and over 1 billion dollars cash on hand?

All of the examples you gave were destroyed by short sellers and were naked shorted (meaning more than 100% of the float was sold short, which is illegal but the SEC does ♥♥♥♥ all about it) and they tried the same with Gamestop but you can't bankrupt a company that isn't in debt and has cash on hand.

About a week ago Jamie Dimon was whining about how the stock market is shrinking. In the old days entrepreneurs would list their companies hoping to get startup funds, which is the intended function of the stock market. But that's not what the stock market does anymore.

These days the stock market is a shark tank and any little guys entering the stock market get bankrupt by short sellers so hedge funds can make billions of dollars by deliberately bankrupting your company. Business owners know this, and that's why listing your company is now seen as a desperate act of last resort, and not something that entrepreneurs want to do.

https://www.cnn.com/2024/04/09/investing/premarket-stocks-trading/

Of course this means the banks and hedge funds who profit from short selling are having a harder time doing business. The sharks are starving, and it's glorious to behold.

I'm waiting for the sharks to turn on each other.

[Dryspace]

Friend, stop watching Leftist propaganda. It's not good for the brain. If you took a step back, you'd see that what you just wrote doesn't make sense.

[Krystek LwG!]

yes stop watching da da

[Shadow]

What about Microplay Video Games or Video Games Plus?

[Ganger]

Dealing with the public on a daily basis in any meaningful way will always be stressful. As a new employee, you start off with the best intentions full of smiles and happiness but overtime after constant abuse and belittling by members of the public and your own managment, your enthusiasm soon diminishes. No different with Gamestop employee's.

[MinionJoe]

Ursprünglich geschrieben von GetMeGreek:

Why are gamestop employees so mean :sob_boy:

Because, for years, customers didn't appreciate selling them a game for $5 only to have them turn around and resell it for $45.

[Ganger]

Ursprünglich geschrieben von MinionJoe:

Ursprünglich geschrieben von GetMeGreek:

Why are gamestop employees so mean :sob_boy:

Because, for years, customers didn't appreciate selling them a game for $5 only to have them turn around and resell it for $45.

We used to have a store in the UK called Game station, that did the exact thing. You would trade in your used game for £8 and the store would flip it for £30...

But back then you could at least get some money back on the games you purchased. Now we are basically all digital, we get nothing back. Lose, lose for customers, win win for publishers.

[savageone]

Does GameStop have any actual stores left? or just online.

[Kamiyama]

Just going to leave these here.

https://zedinstead.com/libraryproject

https://www.reddit.com/r/Superstonk/comments/1c5duet/5b_revenue_last_year_12b_cash_marketable/

https://www.reddit.com/r/Superstonk/comments/1c5im27/video_footage_of_shs_entering_the_10_room_only_to/

I'm a stockholder and I've been averaging down. GME is undervalued.

The banks and hedge funds who are short GME are becoming more desperate to shake us off. They don't want to pay us, but in the end the shorts will be the bagholders.

Analysts just downgraded GME to a "strong sell". A company which is now profitable, has cash on hand, and no significant debt. Which has more assets and cash on hand than it's current market valuation.

You do you, but I'm going to be buying more.

[Kamiyama]

Ursprünglich geschrieben von savageone:

Does GameStop have any actual stores left? or just online.

Over 4,000 stores worldwide.

But under Ryan Cohen they have been closing their least profitable stores. By closing the worst performing retail locations and expanding their online storefront and building distribution centers for online orders, he changed the company from having hundreds of millions in losses every year to being profitable for the year of 2023.

[craigsters]

where they buy your whole collection of games for under $10 even if it's over a hundred games