Gamestop (GME) Facing Potential Challenge from Walmart (WMT) on Used Video Games

By Trader Mark
18 May 2009 @ 05:29 pm EDT

It is quite amazing how often "the stock" knows, ahead of the news... Gamestop (GME) despite a virtual monopoly on pure play video game retail (one of the few recession proof niches) has been a massive underperformer, especially as institutional money flows into the retail niche as an "early cycle recovery" thesis. In fact it's closer to March lows than recent highs.

International Business Times

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