GME
just......stopped
There's something you don't see everyday - GME down 15% on
analyst's report that digital downloads are materially hurting GME
game sales. We've all said someday this would hit the fan. I
may be wrong about this, but I think that some analysts had said,
yes, someday this would be impactful, but GME's exposure to digital
delivery was a long ways out - perhaps 2020 or some such
projection. Or maybe that was the last clueless CEO. Bad day to
have started a long position recently, regardless.
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Quite amazing the difference between yesterday and today. Those
PR's about Destiny and BLOPS3 digital sales didn't hurt it, nor did
ATVI and EA's earnings and conference calls. But one analyst
downgrades and BAM, it crashes.
finance.yahoo.com/ne...1.html
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Author:
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Jester
Debunker
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Subject:
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News
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Sentiment:
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Neutral
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Date:
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11/13/15 at 2:13 PM CST
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