BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Short City Update: GameStop - cover short]]>http://www.bloggingstocks.com/2009/12/10/short-city-update-gamestop-cover-short/http://www.bloggingstocks.com/2009/12/10/short-city-update-gamestop-cover-short/http://www.bloggingstocks.com/2009/12/10/short-city-update-gamestop-cover-short/#commentsI'm recommending that investors close their short position with GameStop Corp. (GME), first recommended with a sell rating on May 26, 2009 at a price of $26.00.

The era of the 'frugal consumer' continues: basic games are in, pricey games are out. However, the U.S./global economic recoveries are two tailwinds that could offset the above.

Continue reading Short City Update: GameStop - cover short

Short City Update: GameStop - cover short originally appeared on BloggingStocks on Thu, 10 Dec 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gamestopused videogamesUsedVideogamesvideogamesThu, 10 Dec 2009 15:00:00 EST<![CDATA[Best Buy CFO hints of video game industry involvement]]>http://www.bloggingstocks.com/2009/09/28/best-buy-cfo-hints-of-video-game-industry-involvement/http://www.bloggingstocks.com/2009/09/28/best-buy-cfo-hints-of-video-game-industry-involvement/http://www.bloggingstocks.com/2009/09/28/best-buy-cfo-hints-of-video-game-industry-involvement/#commentsFiled under: , ,

Just a few weeks after speculation that Best Buy Co. (NYSE: BBY) may be on the lookout for buying up video game retailer Gamestop Corp. (NYSE: GME), the CFO of the largest consumer electronics company in the U.S. is now saying that the used video game industry is "strategically very interesting." This is sly-speak for "we're on the prowl for the acquisition in the space that makes the best sense."

Continue reading Best Buy CFO hints of video game industry involvement

Best Buy CFO hints of video game industry involvement originally appeared on BloggingStocks on Mon, 28 Sep 2009 14:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYBest BuyBestBuyGamestopInc.used video gamesUsedVideoGamesMon, 28 Sep 2009 14:40:00 EST<![CDATA[Best Buy (BBY) starts rollout of used video game sales in U.S. stores]]>http://www.bloggingstocks.com/2009/07/01/best-buy-bby-starts-rollout-of-used-video-game-sales-in-u-s-s/http://www.bloggingstocks.com/2009/07/01/best-buy-bby-starts-rollout-of-used-video-game-sales-in-u-s-s/http://www.bloggingstocks.com/2009/07/01/best-buy-bby-starts-rollout-of-used-video-game-sales-in-u-s-s/#commentsFiled under: , ,

Best Buy Co. (NYSE: BBY) has seen some success in its Canadian stores in selling used video games. Due to that, used video games may come to U.S. stores this year, opening up a new avenue for foot traffic into the largest consumer electronics retailer in the U.S. Why rent video games when you can purchase them at heavy discounts?

Continue reading Best Buy (BBY) starts rollout of used video game sales in U.S. stores

Best Buy (BBY) starts rollout of used video game sales in U.S. stores originally appeared on BloggingStocks on Wed, 01 Jul 2009 15:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BBYbest buyBestBuyGamestopInc.inthenewsused video gamesUsedVideoGamesWed, 01 Jul 2009 15:20:00 EST<![CDATA[Circuit City enters used video game market]]>http://www.bloggingstocks.com/2008/02/08/circuit-city-enters-used-video-game-market/http://www.bloggingstocks.com/2008/02/08/circuit-city-enters-used-video-game-market/http://www.bloggingstocks.com/2008/02/08/circuit-city-enters-used-video-game-market/#commentsFiled under: ,

Although consumer electronics retailer Circuit City Stores, Inc. (NYSE: CC) is teetering on the brink of a buyout or doomed to failure, at least some areas of it appear promising. This time around, the company has announced that it will get involved with the used video game industry. You heard that right.

Instead of focusing efforts on trying to improve its retail competitive position and somehow out-maneuver competitor Best Buy, Inc. (NYSE: BBY), Circuit City will position itself as a sort of flea market. It's true that the used video game industry is chalked up at a $1.5 billion-a-year industry, that's a niche currently being filled by game specialty retailers like GameStop Corp. (NYSE: GME) and eBay. But this move is a sign that Circuit City is willing to do something -- anything -- to revitalize any product category that it can.

If Circuit City can really make this effort stick, then it may succeed in actually getting more shoppers in the doors. But video game buyers and traders are a fickle lot and will instantly sense if the retailer's pricing, availability and breadth of titles are going to give the competition a run for the used-video-game money, or if this is just another ploy to improve traffic numbers (as some of these customers will invariably shop for more than video games).

Circuit City enters used video game market originally appeared on BloggingStocks on Fri, 08 Feb 2008 14:27:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CCCircuit CityCircuitCityNintendo WiiNintendoWiiSony PlayStation 3SonyPlaystation3Used video gamesUsedVideoGamesxbox 360Xbox360Fri, 08 Feb 2008 14:27:00 EST