GameStop CEO Says The Company's Future Isn't In Games (gamespot.com)
- Reference: 0178041495
- News link: https://games.slashdot.org/story/25/06/13/1940258/gamestop-ceo-says-the-companys-future-isnt-in-games
- Source link: https://www.gamespot.com/articles/gamestop-ceo-says-the-companys-future-isnt-in-games/1100-6532407/
> Cohen has said that continuing to focus on trading cards, including the incredibly popular recent Pokemon card sets, is [1]a "natural extension" of GameStop's business . He added that the collectibles could have potential for high profit margins.
>
> Pokemon cards have a seen a gigantic resurgence recently. Stores regularly sell of sets, including the Destined Rivals set that launched on May 30. Cards have become increasingly hard to find as scalpers buy up supply and sell Pokemon card products -- including cards, special boxes, and accessories -- at exorbitant prices.
[1] https://www.gamespot.com/articles/gamestop-ceo-says-the-companys-future-isnt-in-games/1100-6532407/
CEOs gonna CEO (Score:1)
I'm really glad a lot of retail investors, who DEFINITELY knew what they were doing, shoveled cash to this guy's coffers so he could gamble it all on crypto and help card scalpers get rich. Definitely exactly what all those investors had in mind when they were trying to save GameStop.
Re: (Score:2)
he could gamble it all on crypto
Are you sure about this?
Re: (Score:1)
Keep in mind that shortly after that all happened, we discovered these assholes were short-selling their own stock while purposefully trying to drive their own company out of business for a quicker short-term cash-out. They don't give a fuck what those investors (mostly kids who were their primary customers, spending a few dollars of allowance money naively thinking they'd be lauded as heroes by the company) think and in fact they resent them. I, for one, hope this fucker just loses interest and sells the c
Re: (Score:3)
Who are they? Because non of that happened unless you believe weird conspiracies
Re: (Score:2)
Those investors were trying to get rich, nothing more. They were buying lotto tickets The Bagholders that missed the pump and got left with the bags tried to claim they were "investing for a change" but thats a lie, they just didn't sell soon enough .
Of course it isn't. (Score:2)
It's stock market fraud!
Uh.... (Score:3)
Aren't Pokemon cards a game?
Re: (Score:2)
They can be, but TFS makes a strong suggestion that they are also, metaphorically, tulip bulbs.
Missed Headline Opportunity: GameStop StopsGames (Score:2)
See Subject.
Just stop (Score:2)
Personally, I like physical media for my games. Instead, I get DRM-choked, always on, digital only, $80+ "license". I am buying a lot less games these days.