The Rise And Fall (And Rise) Of GameStop
GameStop has been a key player in the video game industry for over two decades. Its business seemed to be on the verge of collapse, until company shares skyrocketed in January and February thanks to traders on Reddit. But will these stock rallies be enough to save GameStop?
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The Rise And Fall (And Rise) Of GameStop
Пікірлер: 505
I love how massive media giants are using formats from self made KZreadrs who make better videos.
@hectorcanizales5900
3 жыл бұрын
Ikr
@dickriggles942
3 жыл бұрын
It's probably interns making this.
@vid2ification
3 жыл бұрын
It's allshit anyway
@shay9541
3 жыл бұрын
SUBSCRIBE TO COMPANY MAN
@someting9205
3 жыл бұрын
Shhh you're making the boomers insecure
Let's be honest getting games or anything from app or online isnt the same excitement feeling as buying from the store, good ol days.
@michaelgregory3452
2 жыл бұрын
Remember going into blockbuster and renting games as a kid? Haha
@encycl07pedia-
Жыл бұрын
It's much better if the store in question is Gamestop. I still remember the absolute insult that they offered me less than $4 for 3 games they were selling AT MINIMUM for $15 each just a few feet away. Even as a middle school kid, I knew what robbery was.
@bobbygray3430
Жыл бұрын
It just sucks that store has to be GameStop because they are such a shit company.
Brand new PS5 with 300 games? best I can do is $3.50 I'm taking all the risk here 😂
@DawsonsMemes
3 жыл бұрын
They can now afford to take in all the homeless sky landers figures
@jonathanbrito2787
3 жыл бұрын
😀😀🤣
@aisaku973
3 жыл бұрын
Why would you buy a brand new system just to try and sell it back to the store, you deserve to be ripped off at that point lol
@max4million47
3 жыл бұрын
@@DawsonsMemes under appreciated
@a50ftfall6
2 жыл бұрын
My parents try to trade in a few games got like $3 off of it and I told them never ever ever ever trade in any games ever again to GameStop you don't get much and keeping them is a lot more worthwhile
You guys literally stole Company Man's title format. Damn.
@joshuajoe1419
3 жыл бұрын
Company Man
@Lucky8s
3 жыл бұрын
Stolen? You're mistaken. Besides the fact that the sentence "The Rise and Fall" is a common phrase in normal conversations for stocks, I checked out Company Man's channel. The first time he used the title "The Rise and Fall" was on his Vans video, two years ago on May 2, 2018. CNBC has several videos with the title "The Rise and Fall" such as the Toys R Us video on Jan 24, 2018. Trying to claim that the title is stolen is as ridiculous as the Fine Bros trying to copyright the word "React".
@Lucky8s
3 жыл бұрын
@ALESSANDRO PIOLTELLI "and Rise Again" isn't a copyrighted sentence. If it were, then Company Man stole "The Fall and Rise" from CNBC but that's not the case. It's just common English
@hectorcanizales5900
3 жыл бұрын
@ALESSANDRO PIOLTELLI you could say the same about the “Rise and Rise of Bitcoin” documentary from 2014, so I don’t think it’s a fair argument.
@duyguozkann
3 жыл бұрын
finally, someone spitting the facts. the fact that it's not copyrighted only means he can't sue legal action against the stealing. ++ i must highlight this as well: the formats of the videos are similar too
I still like physical copy of my games
@thecount1374
3 жыл бұрын
same here mate besides you don't even know if you're getting a real game or a rat's tail
@Kage-jk4pj
3 жыл бұрын
You'll still be able to buy physical this next console generation. After that it'll get hard.
@thecount1374
3 жыл бұрын
@@Kage-jk4pj well I guess now w'll have to wait until we have Terminator like scenario
@cocomo3141
3 жыл бұрын
Me too
@HOTPLATEGAMING
3 жыл бұрын
Cost the same
Never been this quick to a business insider video.
@RepublicBricks333
3 жыл бұрын
Yup
@gearzone2611
3 жыл бұрын
Its from the company man channel.
Damn thought this was company man
@TimTams_64
3 жыл бұрын
Nah they just copied the title
@1SouthernRaj
3 жыл бұрын
They straight up plagiarized his title lol
@Lucky8s
3 жыл бұрын
@@1SouthernRaj If you actually think that's true then Company Man plagiarized CNBC's titles
@rednola9892
3 жыл бұрын
Same wtf lol
I thought this was a @CompanyMan video for a min lol
@josestudios58
3 жыл бұрын
Similar style and title huh?
Company Man rip off
@soapyguy6483
3 жыл бұрын
Company man but boring
@NUSKOOLMUZIK
3 жыл бұрын
That's what's I thought
@bruhz_089
3 жыл бұрын
How
This might be the first new source I've see that describes it as WallStreetBets saw a opportunity. Every other new source just says they pumped up the price.
@atomic9860
2 жыл бұрын
They copy a less known KZreadrs format search company man
They low-ball worse than Pawn Stars 😂
@EATONE818
3 жыл бұрын
That's hilarious
@dukedub
3 жыл бұрын
I traded my launch ps4 back to them for $200 when the ps4 pro initially dropped. Only made the upgrade to the pro cost $220 out of pocket. Felt like that was a solid trade in my favor.
They DID always rip us off though, I mean it was almost expected every time tbh.
Apes together strong! This ain’t over yet!🦧🦍🤚🏻💎🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
@leniad0648
3 жыл бұрын
APES TOGETHER STRONG , HODLLLLLL
The Rise And Fall (And Rise To The Moon) Of GameStop Fixed it for you
@bryanbluefish6703
3 жыл бұрын
@@2grips fr
@shitcreekwarrior8794
3 жыл бұрын
Gme easily has the potential to be a $600+ stock
They can sell on Amazon and make make they're own website
I remember waiting in line for the Xbox 360, good times. We were all like a family.
Their in-store DLC was the best deal. You could buy and install it before returning it or exchanging it, which made it effectively free.
I once bought a digital download online from GameStop and they cancelled sky order because it was “out of stock” Like how tf you run out of digital download
@stephencuenca8105
3 жыл бұрын
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@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
@Solid_Shibe2022
2 жыл бұрын
Get Steam it’s great and it’s free. You can buy games that are cheap and Steam sales happen.
I had a Gamestop one block away from my house. Me and my two friends used to go their and hang out all the time and the clerks even let us play games and help. That was until one of my ahole friends stole a game... After that they made a no loitering policy.
@dickriggles942
3 жыл бұрын
You're the guy? Sweet. I think Gamestop did used to have a lot of loitering but they thought it was good for business.
Gamestop has for far too long relied on buying used games at way less than their actual waorth and then selling those used games at a way more than street price. If they want to keep the physical games sales going they need to pay attention to what Mom and pop stores are doing. - Don't insult your customers by offering very little for used games that have held value or are actually worth more - treat your customers with respect, treat your employees with respect and try to retain employees that your customers trust and are actually knowledgeable about your product - have an area for customers to congregate, sell snacks and setup demo units - stop putting your stores in malls with limited space so your stores can hold more inventory and cater to customers that want to browse your library and socialize. Make your storte a lace they want to hangout and spend money. Like comic and hobby stores. - create online groups where customers can meetup and chat while playing games at home. Like they are already doing with things like Discord. - Look into adult spaces like Barcades that you could attach to your stores. The adult gamer is a very large and under targeted audience. Video games have been around fir 59 years now. It isn't just kids and teenagers. - Physical game ownship is still a thing. Maybe carry less new stock of the latest and greatest and do some market research about what games people by physical copies of to collect. And that sure ain't Sports games with their yearly releases and lack luster updates. anything with a yearly release should be treated as a cancer in your store you only bring in for those that request of preorder. - Mobil games are popular but they represent an audience that is NOT the same as the console and PC audience. Don't focus on it as part of the gamestop brand unless its hardware for phones like gamepads or battery packs.
Imagine investing 10000 shares @ $3.18 in 2020, you would still be a millionaire now. (March 2021) Online and digital copy of games really torn GameStop apart. Hope they can really turnaround as I would love prefer physical copies and interaction with the stuff there.
you forgot to mention the massive amount of shorts in GME.
@animewatch4213
3 жыл бұрын
He did
@mohammedkabli8225
3 жыл бұрын
They did mention it..
I definitely hope so, and yeah amazon should just buy gamestop to form even an spot on package retrieval point besides the gaming sales.
@stephencuenca8105
3 жыл бұрын
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@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
Comment sections filled with people that are now experts in investing after 1 month.
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.* 📉
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2* 📩
Stock Market: *exists* r/wallstreetbets: and I took that personally
Why is nobody talking about Cruptocurrency at this moment? It's on a bull run and a lot of people are defintely gonna miss out on that just like the last time
@haroldmacus4088
3 жыл бұрын
I'm a huge fan of Crypto. I hold a few coins in my blockchain wallet
@allengarry7935
3 жыл бұрын
Been investing in the crypto world for 2yrs now I can say its really profitable Yh no doubt the crypto market has earned me alot you just gotta understand the market
@hellentheo4668
3 жыл бұрын
Bitcoin Trading is the best thing I've ever done since the inception of Cryptocurrency It's very profitable for real man
@philipstan448
3 жыл бұрын
Crypto is the future, trading crypto has become a lucrative way of making money Stock are good too
@larrycrawford7461
3 жыл бұрын
Stocks are good crypto is better I wanted to trade crypto but i got confused due to the fluctuation of price
Can’t wait for the next episode🚀🌝🌝
I love when Giant corporations fall and disintegrate, like imagine when Amazon comes crashing down just as it's leaders are boasting that things are gonna get even better and that they'll practically be swimming in money
@LjordOvSignia
8 ай бұрын
This will surely not age well.
I still remember being a kid at the mall and GameStop was always packed.
The thing is, no matter what they do it's a moot point, unless they fix how they treat their employees.
I looove these videos, please do more!
Shame on Business Insider for copying “Company Man” ‘s video format, go watch him on KZread instead
I hope GameStop get their act together soon before they go extinct
Stonks only go up
@sterlingarcher8041
3 жыл бұрын
diamond hands
@mattearenzi8972
3 жыл бұрын
yisss
Google stadia where you can stream games that's the platform !
@kornaros96
3 жыл бұрын
Until the minimum speed is 100mbps in Nemo point, streaming gaming is unviable
Dude at 2:08 reminds me of GameStop.
It is now March 29th, 2021, and GME stock is still sitting at a cool $181. The Pokemon Company International has partnered up with GameStop in the US to release a promotional "Flapple" Pokemon TCG card. An EB Games stamped "Flapple" was released in Canada as well. Also, GameStop has announced that it'll start to sell PC graphics cards and other computer peripherals. More to come, I'm sure. GME stock is still 10 TIMES what it was just 4 months ago.
@Businessinsider The start of you video tells about GameStop closing 150+ of their 4000+ stores. The end of your report tells about the debt of GameStop's 5000+ stores. GameStop is GROWING.
Business Insider should make a video on the rise and fall of Fry's Electronics.
@stee8345
3 жыл бұрын
There's literally a video about just that on KZread just saw it in my recommended. CompanyMan channel, which I thought this was at first lol
@pathaze4299
2 жыл бұрын
I’d like to see a rise and fall of Nook. I remember when those tablets were everywhere. Now I don’t see them anywhere anymore.
When GameStop settles for Bankruptcy i hope there lawyer says i cant help you but but i can offer you in store. Redit
@stephencuenca8105
3 жыл бұрын
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@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
what's the music or artist???? 3:48??
We have a couple of Nintendo switches so we have to buy physical in order to be able to use them in either or.
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
They should have started their own gaming subscription service and allowed third party developers to introduce games on that service, basically create Xbox Gamepass.
@stayswervin554
2 жыл бұрын
It would be terrible Microsoft might have the best one and the game pass isn’t that good
Basically 2020’s biggest “just a prank bro”
The media : "GameStop is failing." Reddit: "Hold my stocks."
Was that Captain America in the line?
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
It is not over yet. I am eating dips of GME like crayons and HODL, because I like the stock. I am not a cat.
@CoolDestroyer360
3 жыл бұрын
WE LIKE THE STOCK
What is Sal from Impractical Jokers doing here at 7:44 in this video?
Poor GameStop, I wonder if they’re going to survive this console generation?🤔
@jmoa5758
2 жыл бұрын
They will, trust me. Screenshot this.
@SuperBatman-jr6rp
2 жыл бұрын
@Jmoa. How are they going to do that? Most people are buying their games digital. I personally know a couple people that use to buy from GameStop but now they buy their games digitally.
@anonymous5424
2 жыл бұрын
nope
3:39 is that Captain America?
@litpotatoz5631
3 жыл бұрын
Yes
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
Literally just subbed to Wall St Bets forum in case this happens again...
Rise, fall, rise again, fall again? Maybe?
Those shorts have to cover 💎✋🚀🌕
You know this is the nail on the coffin if Insider is making a video.
Just wait until the real squeeze happens, a few weeks to early with this video :D
@cryptogymbro
3 жыл бұрын
Why would they do it again and lose it again, but this time not getting bailed out
Looks like this video is due for an update
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.* 📉📉
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2* 📩📩
You know I totally forgot about that Reddit incident. Wild times
We are not gambling, we just like the stock.
Seems like GameStop is going to be just like blockbuster
Nice video.
again?
Imagine if GameStop made a GameStop pass where you can rent 2 or 3 pre-owned games at a time and exchange them anytime for $15-20 a month
I love how the narrator covers this like a foreign civil war
can anyone tell me the name of the game showed in the video? thanks buddy in advanced.
One of the best stores for games. GameStop is a survivor that blockbuster, Hollywood video, and Game Crazy couldn’t be. Don’t sell my stuff there but I do preorder my games and also figures.
POWER TO THE PLAYERS?!...✊🏾✊✊🏻✊🏼✊🏽✊🏾...😏😎
I just like the stock.
There is no fall, only rise
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.* 📉📉
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2* 📩📩
0:14 Since the Xbox "apparatus" comes with a free game: CALL OF DUTY: MODERN WARFARE III, rated M for Mature, it's the only game they're permitted to play till turning XVII. Parents don't usually permit their children to play M-rated games before XVII. As family-friendly as electronic gaming can be: Nintendo.
Why is westjett in the thumbnail
Only been there a few times. I would just buy the games at Target.
The rise and fall and rise of GameStop
What’s the name of this bunny game they keep showing clips of?
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
Gamestonks*
I was just there today
So sad too see business like these go…it’ll be like blockbuster all over again 😢
GameStop was where one of my brothers purchased video games.
They closed three GameStops in my city :(
Its hard to see how disc drives can improve. It peaked with the ps4/xbox one. I stuffed my new laptop with a 1.8 tb (2tb) so its now 2.2 tb with the 480 gb (512gb) But what may next decade bring? 200 gb games?
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
Honestly I think they should focus on retro gaming and collectibles because nobody is buying physical media anymore
My new idea put a game stop in d.c.
How am I gonna buy Nintendo's 3Ds pre owned game??
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
They were very careful about the title lmao
@soulglowsheen
3 жыл бұрын
The word choices..
Doesn't help that Gamestop trade-ins were a big middle finger. They only gave you a few dollars for a trade in.
Nobody mentions Steam. They’re a big part of the competition
My GME stock us up 153%.
4:20 looll paul miller
But I like the stock
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.* 📉📉
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2* 📩📩
Didn't MrBeast bought ur entire shop?I saw in one of their videos😁😆😆😆😆😆😂😂😂😂😂😂
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.*
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2*
Once I was at gamestop and they had that one game in a used and a new version......guess which one was the more expensive one......no really the used one costs more than the new one....
I bet you nerds are loving those rabbit animations.
Funcoland was the shit but when I lived in New York in bushwick we had a game store on Knickerbocker avenue and I used to go there a lot after the video store closed across the street from my crib Funcoland used to be in Manhattan Mall and that's when I used to get the exclusive games that I couldn't get in my regular neighborhood
I still think downloading games is the highest level of heresy in the holy league
In Europe cex kinda killed the trade in business
fellow apes please drop a like. show them are power.
I could be wrong, but I don't really see a future for GameStop online. Epic already throws a billion dollars a year propping up its own online game store, desperately trying to claw market share away from Steam and it is failing. I don't really see what GameStop could do against Steam that Epic can't. Steam has the whole gaming exosystem and holds everyone's game libraries, so getting people to switch is going to be nearly impossible.
Physical games is what I always buy because it feels like a ripoff if both the digital and physical is the same costs. Digital games can be off the store digital and now what a few years and it doesn’t make a return at all
HODL THE LINE 🚀🧤💎 IT'S NOT OVER YET.
In its simplicity, people lost money In the stock market.
Hey is everyone saying they thought this was a Company Man video...Its not the first time Business Insider did a rise and fall video 🙄
@stephencuenca8105
3 жыл бұрын
*Thanks for the comment, feel free to text my manager via whatsapp on crypto trading, she's got great strategies.* 📉📉
@stephencuenca8105
3 жыл бұрын
*+ 1 ( 2 3 9 ) 3 4 7 - 2 8 9 2* 📩📩