|
I literally do not know anyone who shops at Gamestop anymore. Everyone buys games off of Amazon (cheaper for new), eBay/Craigslist (cheaper for used), or digital storefronts. Then there's the whole mobile gaming thing coming at them from the other side. Over the past year I've gone to a Gamestop a couple times to kill some time while waiting for someone, and you can tell they know this is true as well - less and less of the store is dedicated to games, and they're slowly becoming the videogames version of Hot Topic. I've been tempted to buy their stock a couple times over the past few years until I remember that I should be their prime demographic and I don't even consider them when buying something. Dr. Eldarion fucked around with this message at 15:54 on Aug 25, 2017 |
#
?
Aug 25, 2017 15:51
|
|
|
|
| # ? Jun 1, 2024 14:06 |
|
|
LLCoolJD posted:GME
|
|
#
?
Aug 25, 2017 15:54
|
|
Fat dividend and a potential holiday season bounce from now-cheap PS4s and the coveted Nintendo products. It almost looks cheap now. Not buying any, though.
|
I'm sure the market's aware more people buy video games around the holidays already, I don't think it's some insight that won't be baked into the stock already.
|
|
#
?
Aug 25, 2017 16:04
|
|
|
GME is just the next blockbuster and you are seriously goofy if you buy it. The only chance they have, as a very very outside long shot is being bought by AMZN or someone like that and turned into basically UPS stores. The size and locations are good for that. But that wouldn't happen until they get real cheap, as the writing is already on the wall.
greasyhands fucked around with this message at 16:21 on Aug 25, 2017 |
|
#
?
Aug 25, 2017 16:18
|
|
|
I bought a used game there earlier this summer, because I couldn't find my copy (and I wanted it that day). First purchase there in.. Six years? This is my anecdote. Based on the above, we can expect great new customer acquisitions! Up up up!
|
|
#
?
Aug 25, 2017 17:20
|
|
|
ohgodwhat posted:Soon there will be US regulated Bitcoin futures, swaps and options.
|
|
#
?
Aug 25, 2017 17:45
|
|
|
I got a couple of used games there last Christmas as gifts, but as a PC gamer I don't remember the last time I bought physical media for myself. About ten years ago, maybe? My GME comment earlier was just thinking out loud about touching the poop on a dip (I didn't). I own some NTDOY which seems to be the safer way of betting on the success of the Nintendo Switch, 2DS XL, and SNES Classic.
|
|
#
?
Aug 25, 2017 17:50
|
|
|
Found this in the Bad With Money thread. At what point does a person realize they are absolutely terrible at stock picking and would be better off just closing their eyes and picking tickers at random?
|
|
#
?
Aug 25, 2017 17:54
|
|
|
Josh Lyman posted:I wouldn't hold your breath on that CBOE/CFE XBT and MIAX/LedgerX. Edit: While CFE's Bitcoin futures are TBD on release date, LedgerX is targeting September, and has already received regulatory approval. ohgodwhat fucked around with this message at 18:19 on Aug 25, 2017 |
|
#
?
Aug 25, 2017 17:57
|
|
|
I especially like that the few wins that are there are for amounts an order of magnitude less than the others.
|
|
#
?
Aug 25, 2017 17:57
|
|
|
I guarantee the only one he tells people about is his steel buy
|
|
#
?
Aug 25, 2017 17:58
|
|
|
The Butcher posted:Found this in the Bad With Money thread. At what point does a person realize they are absolutely terrible at stock picking and would be better off just closing their eyes and picking tickers at random?  Every time I start to get mad at myself for buying STX over the summer I'm going to just look at this image instead
|
|
#
?
Aug 25, 2017 18:11
|
|
|
The Butcher posted:Found this in the Bad With Money thread. At what point does a person realize they are absolutely terrible at stock picking and would be better off just closing their eyes and picking tickers at random? Hey who hacked my Scwab account.
|
|
#
?
Aug 25, 2017 19:00
|
|
|
The Butcher posted:Found this in the Bad With Money thread. At what point does a person realize they are absolutely terrible at stock picking and would be better off just closing their eyes and picking tickers at random? That guy could be killing it if he decided to do the opposite of what he thought he should do.
|
|
#
?
Aug 25, 2017 19:10
|
|
|
Is that realized or unrealized? If the latter, I bet he's doing the classic bagholder mistake of selling winners off at 10-20% gains and riding the losers right into the ground.
|
|
#
?
Aug 25, 2017 19:15
|
|
|
Agronox posted:Is that realized or unrealized? If the latter, I bet he's doing the classic bagholder mistake of selling winners off at 10-20% gains and riding the losers right into the ground. Unrealized so def could be that. The post mentioned the portfolio was a relatively small part of his net worth, as he'd been very successful over his lifetime in real estate and other businesses, just absolutely terrible with anything to do with stocks. And yet kept reaching back into the fire anyway...
|
|
#
?
Aug 25, 2017 20:08
|
|
|
The Butcher posted:Found this in the Bad With Money thread. At what point does a person realize they are absolutely terrible at stock picking and would be better off just closing their eyes and picking tickers at random?  Man, and I thought my SHAK buy was bad last year. I don't think I've ever done that poorly on stocks and I don't even know how someone could without literally throwing darts while drunk.
|
|
#
?
Aug 25, 2017 21:43
|
|
|
whatever the opposite of survivorship bias is called
|
|
#
?
Aug 25, 2017 22:16
|
|
|
Diversifying means buying all the stocks in a specific sector right?
|
|
#
?
Aug 26, 2017 00:29
|
|
|
classic junk turd UNXL finally files for Ch 11 BK lmao. been a long time comin I remember loising quite a bit on this fucker back in May-July 2013  that P&D was impressive...
|
|
#
?
Aug 26, 2017 00:30
|
|
|
Solice Kirsk posted:Diversifying means buying all the stocks in a specific sector right? Hedge your bitcoins with levered vol etfs
|
|
#
?
Aug 26, 2017 00:46
|
|
|
That guy needs to stick to ETFs.
|
|
#
?
Aug 27, 2017 02:05
|
|
|
So Amazon dramatically cuts prices on the first day of their merger. Whole foods already bare bones on their margins before the merger. With the reduction in prices, it is now clear Amazon is taking losses on their Whole Foods subsidiary to subsidize groceries and build market share (shocker). While everyone loves to tout Amazon's supply chain and uses that to hand wave away the costs of this move, I am still skeptical. Amazon's supply chain expertise is with centralized national processing of non-perishable goods that capitalized on the removal of brick and mortar fixed costs. They were a first mover in this evolution, hence their position. Whole Foods is a brick and mortar store that relies on local supply chains for perishable goods. Their entire model is based upon "this apple was grown organically up the street by Farmer Bob". Amazon has not suggested they are going to deviate from this model, so I still don't know where they are going to create such drastic efficiencies. Start squeezing the local farmers? I am interested in how Amazon is going to report the performance of the Whole Foods segment in their next earnings report. This whole Amazon-Whole Foods saga is flush with gross speculation based on hyped investing narratives (e.g. the Amazon effect!), but how long will that last when the numbers come in?
|
|
#
?
Aug 28, 2017 17:13
|
|
|
Cheesemaster200 posted:So Amazon dramatically cuts prices on the first day of their merger. Whole foods already bare bones on their margins before the merger. With the reduction in prices, it is now clear Amazon is taking losses on their Whole Foods subsidiary to subsidize groceries and build market share (shocker). While everyone loves to tout Amazon's supply chain and uses that to hand wave away the costs of this move, I am still skeptical. Amazon's supply chain expertise is with centralized national processing of non-perishable goods that capitalized on the removal of brick and mortar fixed costs. They were a first mover in this evolution, hence their position. Whole Foods is a brick and mortar store that relies on local supply chains for perishable goods. Their entire model is based upon "this apple was grown organically up the street by Farmer Bob". Amazon has not suggested they are going to deviate from this model, so I still don't know where they are going to create such drastic efficiencies. Start squeezing the local farmers? Are you saying I can probably get frozen burritos cheaper at Whole Foods than Trader Joe's for a few months? I'm happy to consume food sold to me at negative margin (see also blue apron's first delivery, $20 off first delivery from whatever VC backed app, etc).
|
|
#
?
Aug 28, 2017 17:17
|
|
|
leper khan posted:Are you saying I can probably get frozen burritos cheaper at Whole Foods than Trader Joe's for a few months? I'm happy to consume food sold to me at negative margin (see also blue apron's first delivery, $20 off first delivery from whatever VC backed app, etc). Isn't Blue Apron losing money?
|
|
#
?
Aug 28, 2017 17:57
|
|
|
Cheesemaster200 posted:Isn't Blue Apron losing money? Like a sieve
|
|
#
?
Aug 28, 2017 18:06
|
|
|
Cheesemaster200 posted:Isn't Blue Apron losing money? 
|
|
#
?
Aug 28, 2017 18:08
|
|
|
Hurricane Harvey's freaking me out. There's two reservoirs (Addicks and Barker) which look apt to fail, and downtown Houston's between them and the gulf. So, how important is Houston to the US economy? Accretionist fucked around with this message at 20:00 on Aug 28, 2017 |
|
#
?
Aug 28, 2017 19:48
|
|
|
Accretionist posted:Hurricane Harvey's freaking me out. There's two reservoirs (Addicks and Barker) which look apt to fail, and downtown Houston's between them and the gulf. Fourth largest city, so probably very.
|
|
#
?
Aug 28, 2017 20:02
|
|
|
I don't think Huston is going to do very well in that market. I hear it's pretty flooded. 
|
|
#
?
Aug 28, 2017 20:10
|
|
|
So what do I buy to profit off this massive human suffering? Caterpillar? Home Depot?
|
|
#
?
Aug 28, 2017 20:15
|
|
|
Kevyn posted:So what do I buy to profit off this massive human suffering? Caterpillar? Home Depot? Coca-Cola sells a lot of bottled water.
|
|
#
?
Aug 28, 2017 20:26
|
|
|
MUNI bonds if you're into that
|
|
#
?
Aug 28, 2017 20:32
|
|
|
Mold remediation products? Concrobium is manufactured by "Siamons International" which is a privately held Canadian company, so... yeah I dunno, that's the extent of my mold remediation product knowledge.
|
|
#
?
Aug 28, 2017 20:36
|
|
|
Kevyn posted:So what do I buy to profit off this massive human suffering? Caterpillar? Home Depot? Yeah I'd say do your dd and take a look at HD, LOW, TSCO, CAT, perhaps even flooring/tiling like TTS (which is down after earnings backlash but sitll very solid). Perhaps some Texas heavy engineering-construction like FLR, and home-building like KBH, LEN, and perhaps even Texas specific REIT like WSR once the dust settles and rebuilding begins after it dips hard.
|
|
#
?
Aug 28, 2017 20:47
|
|
|
Cheesemaster200 posted:So Amazon dramatically cuts prices on the first day of their merger. Whole foods already bare bones on their margins before the merger. With the reduction in prices, it is now clear Amazon is taking losses on their Whole Foods subsidiary to subsidize groceries and build market share (shocker). While everyone loves to tout Amazon's supply chain and uses that to hand wave away the costs of this move, I am still skeptical. Amazon's supply chain expertise is with centralized national processing of non-perishable goods that capitalized on the removal of brick and mortar fixed costs. They were a first mover in this evolution, hence their position. Whole Foods is a brick and mortar store that relies on local supply chains for perishable goods. Their entire model is based upon "this apple was grown organically up the street by Farmer Bob". Amazon has not suggested they are going to deviate from this model, so I still don't know where they are going to create such drastic efficiencies. Start squeezing the local farmers?
|
|
#
?
Aug 28, 2017 20:48
|
|
|
Also gently caress me for selling off my EDIT and NTLA stock after a nice rise last week 
|
|
#
?
Aug 28, 2017 20:51
|
|
|
Josh Lyman posted:Whole Foods' gross margins are 35% though. Right, but this is comparable to competitors when you normalize to foodstuff sales (e.g. KR has a lot of low margin gas, etc.). WFM does not own their stores, they still need people to work there, and their local supply chains are inefficient based on their "local, organic & fresh" business model. Amazon may be able to streamline some costs with advanced checkout, etc. However they will still need people to stock the shelves, clean up aisles and work store rooms just like every other supermarket. They still need to pay rent on their Class-A real estate. In my opinion, Amazon's biggest advantage is going to be locating delivery lockers inside Whole Foods locations in an attempt to draw people into the store. This is especially true in the city. However even that wouldn't mean much if Whole Foods still has a reputation for overpriced hippie food. That is probably why they are making a large, publicized point on lowering prices.
|
|
#
?
Aug 28, 2017 21:34
|
|
|
VXX is up 5% postmarket right now and it'll be back to even by open tomorrow morning then probably sell off or bump a little during the day. This has been happening every night for about 2 weeks now. I'm just curious what's happening.
|
|
#
?
Aug 28, 2017 23:05
|
|
|
|
| # ? Jun 1, 2024 14:06 |
|
|
Tokyo Sex Whale posted:VXX is up 5% postmarket right now and it'll be back to even by open tomorrow morning then probably sell off or bump a little during the day. This has been happening every night for about 2 weeks now. I'm just curious what's happening. today its more real the N. Korean missle that blew up over Japan or w/e lol Dow futures open more than 100 points lower after North Korea fires missile over Japan >Japanese Prime Minister Shinzo Abe said North Korea fired a ballistic missile that passed over the Tohoku region at the northern end of Japan. >U.S. stock index futures pointed to a lower open on Tuesday following the news. >Local government urged people living in the area to take refuge in solid buildings or underground shelters, NHK reported. https://www.cnbc.com/2017/08/28/japanese-government-warns-north-korea-missile-headed-toward-northern-japan-report-says.html
|
|
#
?
Aug 29, 2017 00:16
|
|