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GameStop is a very interesting stock bet right now. It could easily go to route of Blockbuster (most obvious route), but it could do so many things to not be an
by tempsy 7y ago
GameStop is a very interesting stock bet right now. It could easily go to route of Blockbuster (most obvious route), but it could do so many things to not be another crappy retail experience. Not confident they will turn it around but there's certainly an opportunity for a brick-and-mortar game shop done right.
- parsimo2010 7y agoWith GameStop's several year history of bad public opinion and what appears to be decaying market share, I wouldn't bet on it. The current management is clearly willing to accept the status quo and won't take the actions necessary it "turn it around." New management could signal that good changes are coming, but it could also signal that specialists have been brought in to carve the assets up before bankruptcy. I'd say it's far more likely that GameStop ends up like Blockbuster and Sears, even if they potentially could turn things around.
- Vadoff 7y agoIf they had the ability to turn it around, they would have... years ago. Unless they get a new CEO/leadership and take radical shifts in strategy, I don't see anything happening.