Game Shares "Collapse"

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JiggerJay
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PostRe: Game Shares "Collapse"
by JiggerJay » Sun Nov 27, 2011 1:04 am

£7.50 per trade.
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Lucien
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PostRe: Game Shares "Collapse"
by Lucien » Sun Nov 27, 2011 1:10 am

How does the ask for a price thing work exactly?

If I signed up and it said shares were 4.3p can I buy all I want, or... how does that work?
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PostRe: Game Shares "Collapse"
by JiggerJay » Sun Nov 27, 2011 1:39 am

You're guess is as good as mine mate, I guess it's about setting a limit of what price you are prepared to pay per share, in case of a massive fluctuation and you don't get so many shares for your money or some gooseberry fool.

Or it could be a case of, you'll only buy shares if they drop to a certain figure, so when they hit 5p for example you'll automatically buy 10,000.
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PostRe: Game Shares "Collapse"
by lex-man » Sun Nov 27, 2011 1:08 pm

Lucien wrote:How does the ask for a price thing work exactly?

If I signed up and it said shares were 4.3p can I buy all I want, or... how does that work?


You can only buy shares at the price people are selling them at. If you sell your shares you can set a minimum sale price and when you buy you can set a maximum buy price. If you don't you might end up really overspending because the price people are willing to sell at might suddenly jump from 5p to a few quid.
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Ecno
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PostRe: Game Shares "Collapse"
by Ecno » Sun Nov 27, 2011 3:56 pm

Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.
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PostRe: Game Shares "Collapse"
by Delusibeta » Sun Nov 27, 2011 4:09 pm

Ecno wrote:Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.

The problem is, of course, the cost of buying into these shares, and the fact is that approach is long term, while the people in this thread are very much in it for the short term.
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PostRe: Game Shares "Collapse"
by Ecno » Sun Nov 27, 2011 4:15 pm

Delusibeta wrote:
Ecno wrote:Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.

The problem is, of course, the cost of buying into these shares, and the fact is that approach is long term, while the people in this thread are very much in it for the short term.



Well the cost of buying shares is a factor of the deal.ing price it costs the same to buy 5 RDSB shares as it does however many game shares. You might aswell just spread bet if you're in it for the short term because the dealing costs are lower and you could leverage yourself more so you might make more than £5.
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PostRe: Game Shares "Collapse"
by Psychopomper » Sun Nov 27, 2011 7:56 pm

The banks have bailed Thomas Cook out to the tune of £200 million till April 2013 so that would suggest that they expect them to turn things round. Could be a good investment.
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PostRe: Game Shares "Collapse"
by Shadow » Sun Nov 27, 2011 9:15 pm

Thomas Cook seem a smarter investment than HMV or Game, there's an obvious reason why Thomas Cook are struggling and hopefully that reason will be gone in the next couple of years. Things are only going to get tougher for Game and HMV.
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Ecno
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PostRe: Game Shares "Collapse"
by Ecno » Sun Nov 27, 2011 11:13 pm

Shadow wrote:Thomas Cook seem a smarter investment than HMV or Game, there's an obvious reason why Thomas Cook are struggling and hopefully that reason will be gone in the next couple of years. Things are only going to get tougher for Game and HMV.



This. A lot of it was also due to unrest in the middle east which caused a knock on effect on bookings from Russia and France.
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PostRe: Game Shares "Collapse"
by TigaSefi » Sun Nov 27, 2011 11:14 pm

You also have to hope that the economy turns sharpish so people can still afford holidays.
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PostRe: Game Shares "Collapse"
by Lagamorph » Sun Dec 04, 2011 8:48 pm

Value of my shares has gone up by about £18 so far. Current share price is 8.1p and I'm now in profit 8-)
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PostRe: Game Shares "Collapse"
by Andrew Mills » Sun Dec 04, 2011 9:23 pm

Lagamorph wrote:Value of my shares has gone up by about £18 so far. Current share price is 8.1p and I'm now in profit 8-)

I'd hold off from buying that supercar just yet... ;)
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Fade
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PostRe: Game Shares "Collapse"
by Fade » Sun Dec 04, 2011 9:34 pm

Ecno wrote:Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.

I really don't understand people who by digital games. You do realise you're basically only paying for a license? If that company goes out of business or can't host the game for legal reasons. Say goodbye to your game.

I will ALWAYS buy physical copies of £40 games
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Ecno
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PostRe: Game Shares "Collapse"
by Ecno » Sun Dec 04, 2011 9:42 pm

Fade wrote:
Ecno wrote:Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.

I really don't understand people who by digital games. You do realise you're basically only paying for a license? If that company goes out of business or can't host the game for legal reasons. Say goodbye to your game.

I will ALWAYS buy physical copies of £40 games



For now. What about in 5-10 years time? Physical media will die eventually and if it does survive it won't be enough to keep a specialist national chain open.
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PostRe: Game Shares "Collapse"
by Dowbocop » Sun Dec 04, 2011 9:49 pm

Fade wrote:
Ecno wrote:Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.

I really don't understand people who by digital games. You do realise you're basically only paying for a license? If that company goes out of business or can't host the game for legal reasons. Say goodbye to your game.

I will ALWAYS buy physical copies of £40 games

If and when digital distribution becomes the norm I'd expect consumer law to change to cover things like access to content from defunct companies. In reality, with Steam and iTunes so popular they should be working on it now.
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Peter Crisp
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PostRe: Game Shares "Collapse"
by Peter Crisp » Sun Dec 04, 2011 9:59 pm

I'd like Game to stay open just because I've been through redundancy when a chain of stores has collapsed and it's not nice at all. Game are not helping themselves by having so many duplicate stores that are sometimes within sight of each other.
If they could just shut the duplicate stores while keeping as many of the staff as they can it would surely help save them a small fortune.
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PostRe: Game Shares "Collapse"
by Fade » Sun Dec 04, 2011 10:33 pm

DOHOHOBOCOP! wrote:
Fade wrote:
Ecno wrote:Please stop buying shares in the worst companies in the worst performing sector. Long term it's going to be all digital distribution anyway so it's not like it's buying penny shares in companies which could be the best new thing in robotics, oil and gas exploration or mining exploration.

If you're wanting to buy shares look at large companies which pay substantial dividends.

I really don't understand people who by digital games. You do realise you're basically only paying for a license? If that company goes out of business or can't host the game for legal reasons. Say goodbye to your game.

I will ALWAYS buy physical copies of £40 games

If and when digital distribution becomes the norm I'd expect consumer law to change to cover things like access to content from defunct companies. In reality, with Steam and iTunes so popular they should be working on it now.

Why would they? It only benefits the consumer. No one else.
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Peter Crisp
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PostRe: Game Shares "Collapse"
by Peter Crisp » Sun Dec 04, 2011 10:36 pm

Do you really think consumer law should not be applied to digital downloads and that companies like steam should be able to do whatever the heck they like? Plenty of laws only affect the consumer and they force companies to give decent service with reasonable guarantees.
jiggles wrote:Nobody with a VR headset is going to be using it regularly this time next year, let alone in 4 years time.


Posted 16th March 2016. Let's see.
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Knoyleo
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PostRe: Game Shares "Collapse"
by Knoyleo » Sun Dec 04, 2011 11:16 pm

Legislation will always trail behind whatever the latest trends in the market are. Hell, it's still illegal for you to rip your CDs to your PC here in the UK.

It won't be until physical media is stone dead that any consumer law is actually implemented to secure people's digital purchases.

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