GameStop stock drops 13% following Amazon trade-in program announcement

13% isn't much when you own the world...

Here's why Gamestop will be around. Some people want to see the transaction take place. When I go to a GS for a used game, I can immediately check out the disc, and don't have to play mail in games to ensure that it's not scratched. Gamestop often runs trade in promos, with more given for more games. I just got a 40% bump on a recent trade in. Amazon is only giving 10% for a limited time.

I tried Playswitch, and Goozex as well. But what if I don't WANT more games, and just want cash? eBay is a crap shoot, and you could end up with less. Plus eBay fees and Paypal fees can eat into an otherwise good sale. Gamestop, for all the crappy prices they give you, WILL give you something. And if you're only using Amazon to "stick it" to GS? At least the GS money is keeping someone locally employed.

I will say an Amazon gift certificate spreads out the options. Even used games at Toys R Us would be better, because I could trade in my sons' DS games and buy diapers for my daughter. That'll learn 'em.

People are tools, there's always going to be tools out there, willing to spend 60$ for a game, come back the next week and turn it in for 20$ and having them sell it for 55$, lol 5$ cheaper.

Excellent..... My Amazonian warrior have put a dent into my nemesis Gamestop's power. Step 1 is complete.

Next is Step 2: ???

MUWAHAHAhahahahaha.........

Anyone who invests into Gamestop....LOL....gamestop. haha...

I've thought for a while now that lowering the price of used games will devalue and deregulate them to the extent that very few will actually mainly buy used games, as is the case for some now. So this is great.