GameStop posts massive loss as pre-owned game sales plummet

[dlevere]

Stock hits lowest point since 2005 after $673 million annual loss.

https://arstechnica.com/gaming/2019/...sales-plummet/

[bungholio]

Good for GameFlop, the crooks that buy a game for less than 50 cents and then want to resell it for $20 or higher. They should do a statistical analysis to reveal the crappiest games nobody ever bothers with, and the best games that are gone right away and they can never acquire. I'd imagine every sports game is the worst on the list that they could just send to a recycling center, just clones of clones since the PS1/N64 days with roster and graphics updates.

EDIT: Page refused to load for hours, been trying to edit this thing since. I'd like it if they would publicly show some statistics on pre-owned games. How often do they see certain games come in, how long do they stick around until somebody buys them, what price they are willing to buy them at, whatever statistics. It would be nice to pointless verify that some games truly are complete garbage that nobody wants. Every game store with pre-owned games I see, there's faaaaaaaar too many garbage sports games.