GameStop (NYSE:GME) is about to release earnings. Ponder this Bear Case Scenario to decide if you have hope or despair.
Internet speeds and access are improving so rapidly games are downloadable and playable on-line. This eliminates the need for GameStop’s very existence.
Console games are competing in format against mobile and PC formats. Console games are questionable. Mobile is a done deal.
If games are sold without the right of transfer i.e.. there is a digital finger print. It will become near impossible for GameStop to make a market.
George Gutowski writes from a caveat emptor perspective.