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GameStop announces plans to sell off French and Canadian outlets, while its CEO yells about 'Wokeness and DEI' in bizarre, self-defeating promotion
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Even if it's not worth it to you personally, it's still a good deed to sell stock in a company when their CEO does something like this. Every sell sends a small message.I assumed it'd be good for them in some way if I sold (I don't understand stocks). If it sucks for them even a little I'm selling.
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I'm glad some people understand beyond the headlines, I think NFTs could be really neat as a way to have some sort of in-game item or w/e, fully transferable and all that
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Especially since most nfts I'm aware of are on the ethererum blockchain, which now uses orders of magnitude less electricity from the switch off of PoWImpossible at this point. I'm not even remotely joking when I say I have never seen a more powerful misinformation campaign in my entire life, for anything political even, as I did for brainwashing the masses into believing that NFT = JPEG. Literally almost every human you will encounter knows the term NFT and thinks as a fact that it's just another image file type, but in particular one that was heavily memed and morons/criminals moved incredible sums of money over. They don't understand that a lot of the extremely high dollar NFT sales are just money laundering or other criminal loopholes, they just think really rich people are paying millions for monkey pictures. It's the most lost cause of anything. You might as well try convincing the world that religion isn't real; right as you may be, it's impossible to accomplish. -
They don't sell a lot of video games at farmers markets and craft shows... You have to go to a flea market for that, and those are rather dodgy.>They don’t sell a lot of video games Wait, y'all *buy* them? [AwkwardMonkey.jpg]
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Impossible at this point. I'm not even remotely joking when I say I have never seen a more powerful misinformation campaign in my entire life, for anything political even, as I did for brainwashing the masses into believing that NFT = JPEG. Literally almost every human you will encounter knows the term NFT and thinks as a fact that it's just another image file type, but in particular one that was heavily memed and morons/criminals moved incredible sums of money over. They don't understand that a lot of the extremely high dollar NFT sales are just money laundering or other criminal loopholes, they just think really rich people are paying millions for monkey pictures. It's the most lost cause of anything. You might as well try convincing the world that religion isn't real; right as you may be, it's impossible to accomplish.Sadly I'm on the latter train as well xD yeah completely agree.
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This post did not contain any content.Whelp time to cancel my GameStop runs. I don't support chuds
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Ford used to say something to the effect of 'pay your workers well enough to afford the product they're building' and it seemed to work well.He was also a horrible anti-semite
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Holy fuck, it's obvious you don't feel comfortable around people you perceive as "less than you" lol. "illicit script of oxy on them and think bathing is an option" Do we have a Lemmy Uppity Award for fake narratives? If you actually walked around a flea market, as a human being, you would see it's mostly families and senior citizens. You've selected a few "characters" for your narrative and have grossly stepped into some pompous position of enlightenment. Anyone that loves cheap electronics to tinker with absolutely gets thrilled to go to a flea market with some disposable income. It takes a special kind of drug induced "sketchy" person to wake up at **6am on a saturday** to try and make some income, damn shame there's people like you out there that wouldn't give the location a chance but will walk into any corporate store without a thought to "**all the shady, drug ladened CEO's you don't want to get into a van with**". But you can't see them so I suppose that might make it better for you.Haha I see I hit a nerve. This is from being dragged to one every weekend as a child... I speak from experience
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This post did not contain any content.He just needs to stop, Trumps bro-circle jerk is already full.
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He was also a horrible anti-semiteYes... but not really relevant to discussions of businesses not actively trying to completely crush the middle class here?
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what an odd thing to say for a company that employs millions of minorities. sold my stock and wont be supporting chewy eitherOh god what did Chewy do?
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>they’re claiming 4 billion cash on hand If that's a lie then they will get absolutely wrecked by the authorities since they're a publicly traded company.Yeah, about the ”authorities”….
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>They don’t sell a lot of video games Wait, y'all *buy* them? [AwkwardMonkey.jpg]I'm at 200+ owned on GOG here, takes a lot less physical space than all those GME disks I used to pick up.
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I assumed it'd be good for them in some way if I sold (I don't understand stocks). If it sucks for them even a little I'm selling.You're just selling to some roaringkitty fanboy the actual company couldn't care less. If you're in a 350 you may as well hold it on the off chance something weird happens and you could break even. Or, you can sell at a loss for the tax benefit, but that only applies if you have capital gains to use it against. So if you find one year you make some money off some other stock that would be a good time to sell the GME at a loss.
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Oh yeah the trading card business too, plus all the homewares now. Currently eating dumplings out of a pokemon licenced bowl manufactured by gamestopGood luck man. What happened last time they got a huge influx of cash from retail traders? From what I read they wasted it in NFTs. Now they're wasting it on trading cards. The company is floundering. Surviving purely from generational nostalgia at this point. When that runs out the rug will be pulled.
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You're just selling to some roaringkitty fanboy the actual company couldn't care less. If you're in a 350 you may as well hold it on the off chance something weird happens and you could break even. Or, you can sell at a loss for the tax benefit, but that only applies if you have capital gains to use it against. So if you find one year you make some money off some other stock that would be a good time to sell the GME at a loss.I agree that selling a $100 stock doesn't hurt the company $100 -- but it does hurt them some amount between $0 and $100 which I don't feel qualified to calculate. The ultimate reason that stocks go down is because people sell.
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Whelp time to cancel my GameStop runs. I don't support chudsCan't cancel what I never did. GameStop routinely has terrible prices, poor selection (in my area), and mediocre service. I buy most of my used games from eBay, and most of my new games from Target (when on sale). Screw GameStop...
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He just needs to stop, Trumps bro-circle jerk is already full.I hear they're moving to a bigger venue.
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DEI is some zealous American Puritanism which has no relevance in France, so I’m confused how he made the connection?I doubt it's related: > The reality is that the physical side of GameStop's business has been in steady decline for a while. In 2019, GameStop closed around 200 stores in an attempt to "reboot" the company. GameStop's fortunes briefly rose due to its 2021 stock surge, but shares quickly plummeted following that initial spike. They're probably just not making a profit anymore in those regions, so they're closing up shop, and the CEO took the opportunity to go on a largely unrelated rant.
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Who the hell would be interested ?For a good price, who wouldn't? That's a _lot_ of real estate.
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Let me tell you a story... I sold off all my Bitcoin and put it all into GME stock right when it was starting to go up... It wasn't much like it was worth 1000 bucks or something... And then Bitcoin went from 30k to 60k in like two months... And now it's closer to 100k Long story short I make bad choices and no fuckin way I'm selling my GME for a loss just for it to double or triple again in two months> just for it to double or triple again Wow, talk about sunk cost fallacy...
