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GameStop Corp GME

GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across all of its segments: 2,915 in the United States, 203 in Canada, 404 in Australia, and 647 in Europe. Its stores and e-commerce sites operate primarily under the names GameStop, EB Games and Micromania. Its Australia and Europe segments also include approximately 49 pop culture themed stores selling collectibles, apparel, gadgets, electronics, toys and other retail products for technology enthusiasts and general consumers in international markets operating under the Zing Pop Culture brand. The Company's brands also include its print and digital gaming publication, Game Informer magazine.


NYSE:GME - Post by User

Comment by HyperCubeon Jan 29, 2021 2:26pm
101 Views
Post# 32422037

RE:An Old Boomer Warning

RE:An Old Boomer WarningI agree with what you said. But you seem to imply that the only way to make a profit with stocks is by prediciting what will go up and what will go down. That isn't the case. More fundamentally, you make money with stocks by receiving dividends. If the prospect of future dividends go up, then you will most likely also make capital gains as you seem to be chasing. But at the most basic level, it is the dividends and the prospect of future dividends that make you gain or lose money.

Yes some stocks, like Berkshire Hathaway don't pay dividends and you can make profits from them. But the reason why the price of BRK.A is so high is because if its CEO decided to pay a $10,000 dividend, then each share holder would receive a $10,000 dividend, no problem. If GME wanted to pay a dividend of $1, you would have to ask yourself if that puts GME at risk of going bankrupt.
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