TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

08/03/15 at 10:33 AM CDT

 

 

READ: 6

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#2840,`08/01/15
By LongTerm CapGains

 

Re: China to End Ban on Videogame Consoles

I don't see it being practical for GME to expand in China. For one thing, don't the people there still have a lack of respect for copyrights, so they'll pirate whatever they can? I assume IAP (In App Purchases) will rule, not retail software sales. Further, there are presumably huge limitations for foreign companies setting up shops there. And we're not even considering whether it's a good investment anyway. A lot of their wealth effect is tied into the shockingly manipulated and over-priced equities market, where retail investors of every income level have been herded into, and that looks so risky. It would take a brave person to be announcing a major China investment now. If there exists a retail chain already, maybe a smart play would be to take a minority position in it (not enough to have big issues with whatever regulations there are about foreign ownership), and use their knowledge and systems to improve that chain.

Sort of related...  cnbc.com/20...g.html

Copyright 2014 All Rights Reserved; Patent Pending