$GameStop(GME)$ DEFINITELY BEARISH!
Looking at earnings numbers, are in steady decline for the past five years. GME is losing money every quarter except one and losing more each quarter. Revenues are declining even more. These are real numbers and reflective of their declining business. The per share numbers might actually look a little better for EPS losses, but that is because there are much more shares in the float than in years past.
The bread and butter of GME is selling games ... still. Their hardware sales have EVER lower margins and MORE competition from big box retailers that are more nimble with lower overhead, and of course more nimble online retailers that do it better than GME. The margins and sales for game station upgrades is not there anymore and declining.
Their software selling will be forever in decline, because the game makers have decided to remove the middle man from selling their games and profit themselves. So what they actually sell as product is decreasing.
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