Gamestop Corporation (GME)

[JokerDe]

https://www.fool.com/investing/2018/06/25/game-over-for-gamestop-stock.aspx

News article from June 25, 2018, but it's showing what we are seeing this week. My local stores are always pushing the pro card to save 10% on used games and 10% store credit for trade-ins for $15 a year. At the same time, they are pushing preorders for new games. (Circle of Life for those who have worked there) They make a small margin on the new game, and stock up on used games which are stacked literally in bricks of cellophane in the back. For those who purchase physical games at full price, why sell it back to Gamestop for $10 store credit when they can sell it for $45 online? Why buy it used at Gamestop for $55 when a new copy is $60 or used for $45 online? Just like Toys R Us, I loved Gamestop growing up but it's on a decline just as so.