Why do people hate gamestop

People who buy and sell stocks often bet on which companies won't do well in the future. They borrow shares in the company and sell them, with a promise to buy them back at a later date. If you're sure the company will lose value, you'd make a profit when you buy them back and the price has fallen. Imagine you borrow some Pokemon cards from a mate, because you think the price of them is about to drop, and agree to give them back in a month.

You work on the assumption that you'll be paying less than a fiver for them after a month when they're not so new and exciting anymore. This is a massively simplified explanation of something called shorting, or short selling - words you might've seen cropping up in your feeds in the last few days. Think of it as gambling. If your bet was wrong and the price actually rises instead of falling, you'd lose money.

GameStop was one of the companies that loads of hedge funds companies who do these bets had bet on to lose a lot of value. But huge numbers of people in the wallstreetbets Reddit forum swapped tips and bought shares in GameStop.

The demand raised its share price massively, which nobody saw coming, and everyone who had banked on it dropping in value had to buy their shares back. The Tesla boss loves a tweet - and when he does, financial worlds tend to take notice. This one-word entry was enough to further send GameStop's price soaring. He also linked to the Wall Street bets forum, where he's lovingly referred to as Papa Musk.

Some excitement, something to pass the time with - an experiment to see the power of internet communities. Wall Street commentators have called it a "phenomenon", "insane", and like "nothing [they've] ever seen". For many, the aim was to make stockbrokers and hedge funds lose money. Popular threads on Reddit include people saying it was payback - taking revenge against the big money companies seen as causing the financial crash in Sign up for free!

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Boards PlayStation 5 Why people hate shopping at Gamestop? User Info: FoxAlive. User Info: LegoMyXbeaux. That made Mad TV look good. User Info: Idkwhocares LegoMyXbeaux posted Indeed, the cringefest was too powerful for my feeble sensibilities. User Info: OhGoodGrief. User Info: IronLung. I like gamestop. User Info: MadDewg. I like my left nut IGA, come through for me. I will buy used games if i can and they're in good condition, because not everyone is rich enough to buy everything new.

Though I'm against trading anything in. I always regret it a year later, wanting whatever it was back. I agree with what Branthog says for the most part. The other reason I dislike GS is that my local game store sells used games for about bucks less than what they're selling new games for. I got Resident Evil 5 for 40 bucks used the week of release from my local game shop. Also, they give more money back for new games as well. I sold back NFS:Shift a few days after release for 37 dollars.

I wouldn't have minded if he hadn't then continued to say "This will also get you into the Halo Reach beta and from the footage they've already shown of that, it looks amazing. Still, far too many uninformed people will run into Gamestop.

Fact of the matter is, GameStop is a corporation. Yeah, it sells video games, and we all love video games, but it's still a corporation at the heart of things. If you want to be a child and bitch and moan about how corporations are so evil, I'd suggest closing this tab and never coming back, as this site would collapse without the support of corporations.

As great as mom and pop stores are, they aren't big enough to support the entire video game industry, and if they were, they then would be a corporation and we'd be talking about how much we hate Mom and her corrupt cookie selling practices. Branthog's on the money.

The latter would normally be a rip off and totally not worth it, but in this case the DS's touchscreen was busted and couldn't be recalibrated properly, yet the store never bothered to check it before selling the DS Lite.

And I'm pretty sure they don't check all the other consoles traded into them, either. Does Gamestop really rip us off? I remember back in the day when Gamestop was called Funcoland and it was the greatest store in the world to me. Now it stinks of corporate America. Until you buy a "new" DS game that has someone's saved data on it, you won't understand the hatred for Gamestop. Several years ago I took some PS2 games in that I was trying to get rid of. One I remember was Fatal Frame 2, a horror game, which had come out only a couple weeks before.

I had beaten it and had no intention of playing again, I was also trying to ditch all my PS2 stuff before I went to college. They offered 5 dollars. Stupidly I sold it too them, only to come back about a week later and see it on their shelves for I dont think its bad that buy your used games for so cheap, I just find it ignorant that they turn around it sell it for what may aswell be the price of a new game.

That is taking advantage of your customers. Not only that, they push those fucking club cards that are fucking useless, push preorders, and for some reason push these fucking 3rd party shit controllers and accessories you dont care about. They just remind me of those prick types that'd own their own 'hobby' shop, act like complete cocksuckers too you when you walk in the door, then try to be your buddy when your ready to check out.

I was a former employee at Gamestop and I must say that was the worst working experience I've ever had. The hours were horrible. And I mean very horrible. While I was there I had 3 different managers in 2 months, and the first two managers were gamers like you or me, so they knew where the employees were coming from.

The last manager I had was this annoying bitch, which gave herself 42 hours a week. She made sure she got her overtime, while I constantly got brushed to the side again week after week.

But what really put me over the edge was their philosophy on sales. They don't care that you recommend quality games to customers, but they want to you get the most sales as possible. So they say to be a Gamer second, and a Salesperson first. For one, why can't I recommend games in my opinion that are high quality games rated by the majority of the hardcore gamers to a person who is about to buy a potentially bad game? Just doesn't make any sense to me. Maybe GameStops are different in other states, but I know where I worked, that the Managers are all about the money and sales, and not the customers.

I only go to one Gamestop because the managers there are really good, they know their stuff and they hook me up from time to time. As a whole, Gamestop's are fail. There are some gem stores out there though. As standard, the Gamestop I go to, they still ask me if I want to get pre-orders but it's a more genuine question than a sales question. I've heard them talk to other customers and they're like "Are you going to pre-order MW2?

Whereas with me it becomes a conversation. Frankly, there's nothing the store employees can do about trade-in values. They suck, yes but still, when you trade-in a game, it's their property. They can sell it back as high as they want. It's profit and this is how the retail world is.