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Cyberpunk 2077 - Review Thread

Game Information

Game Title: Cyberpunk 2077
Platforms:
Trailers:
Developer: CD PROJEKT RED
Publisher: CD PROJEKT RED
Review Aggregator:
OpenCritic - 87 average - 89% recommended - 62 reviews

Note from OpenCritic:

Please note: This game has significant disparities in performance, player experience, and review scores between the PC, next-gen consoles, Xbox One, and PS4 versions.
The OpenCritic team and several critics suspect that the developer, CD PROJEKT RED, intentionally sought to hide the true state of the game on Xbox One and PS4, with requirements such as only allowing pre-rendered game footage in reviews and not issuing review copies for PS4 and Xbox One versions.
This notice will be taken down in February 2021.

Recent News and Notable Information

SkillUp reports:
I have finished Cyberpunk but I will not have a review up today as I could not comply with CDPR"s embargo requirement that prohibited us from using our own recorded gameplay in the review. Instead, we were told to use b-roll, which is basically trailer footage.
Reviews should not be vehicles for rolling out more marketing material, so I'll put my review up when I'm able to show you the reality of the game with my own footage.
I'm also disappointed that no console review code was provided to any outlet...
Console games are often reviewed without their day one or even day zero patches, so Cyberpunk would not have been special in this regard. Its really lame that no reviewer can tell you how this game runs on console on the review embargo.
I absolutely love this game and I think CDPR did extraordinary work, but its clearly unfinished at this point and no review relying on trailer footage alone can properly convey that.
Fabian Mario Döhla (CDPR PR) regarding reviews being on the Day 1 patch or not (getting conflicting info regarding this so take it with a grain of salt):
They are not - a bunch of issues reviewers encountered (and reported) have been fixed already, some more are part of the update.
Toms Hardware Performance Review:
The minimum GPU listed is a GTX 780, with GTX 1060 6GB recommended for 1080p high, RTX 2060 for 1440p ultra, and an RTX 2080 Super for 4K ultra. Then there's the ray tracing additions, with the RTX 2060 listed as the minimum for 1080p and RT medium, 3070 for 1440p and RT ultra, and 3080 for 4K RT ultra. Based on what we're seeing, it looks like those recommendations are for 30-40 fps.

Critic Reviews

ACG - Jeremy Penter - Unscored

Video Review - Quote not available

Areajugones - Víctor Rodríguez - Spanish - 9.5 / 10
Cyberpunk 2077 is the ultimate power fantasy. A video game that takes the best of modern RPG, first-person shooter, stealth, and the open world and masterfully blends it into a single product. If Skyrim and GTA V marked a before and after for their genres at the beginning of the 2010s, Cyberpunk 2077 is called to do the same from this 2020.
Daily Mirror - James Ide - 5 / 5 stars
The game may not be perfect but given CD project Red's reputation for fixing and updating games Cyberpunk has a bright neon-lit future. It can proudly sit among its influences of Ghost in the Shell, Blade Runner and Neuromancer (as well as games like Deus Ex, System Shock) with its augmented head held high.
It's been a long wait, but the end result is a massive sprawling RPG with an incredible story, heart-pounding action, solid mechanics and customisation, offering you unparalleled player choice in a deep, atmospheric world that I can't wait to plug myself back into.
Destructoid - Chris Carter - 7.5 / 10
Cyberpunk 2077 is a victim of bloat, but you can choose to ignore a lot of it and take in the sights. That's where Night City is at its best, and I sincerely suggest that you take your time going through it, as rushing will only lead to disappointment. Even just strolling through though though, you'll probably be left wanting more.
Digital Spy - Owen Gough - 5 / 5 stars
We could wax lyrical about how good this game is for another ten years, and we still think the conversation would be relevant - so yes, we think Cyberpunk 2077 is the game of the decade. This is an event, and a big moment in gaming, because the brilliant Cyberpunk 2077 is laying down the stepping stones for greater feats in the future.
Easy Allies - Daniel Bloodworth, Ben Moore - Unscored

Video Review - Quote not available

Enternity.gr - Nikos Papakonstantinou - Greek - 9.5 / 10
CD Projekt RED is willing to take an even bigger risk and dare something very different, combining elements that they have proven to know well and elements which they have no previous experience in.
Eurogamer - Chris Tapsell - Recommended
Exceptional characters, heartfelt storytelling and enjoyable action threaten to be engulfed by endless bugs and hasty, uneven design.
Everyeye.it - Alessandro Bruni - Italian - 9 / 10
And it is precisely for this reason that, despite all the technical problems of the production, we cannot in any way fail to assign a vote of excellence to the work of CDPR: the defects will disappear over time, but already now Cyberpunk 2077 is a title which undoubtedly deserves a place of honor in all players' library.
GAMES.CH - Benjamin Braun - German - 88 / 100
Measured against the extreme expectations, Cyberpunk 2077 can't fulfill any of them. But all in all, despite the countless small weaknesses and inconsequences, with interesting characters, great story and dialogues or the freedom concerning gameplay, CD Projekt delivers a unique and great RPG that every fan of the genre needs to play.
GRYOnline.pl - Michał Mańka - Polish - 9 / 10
Cyberpunk 2077 proves that the developers have improved their skills since fantastic The Witcher 3. It is an excellent action RPG that would benefit from a longer delay to polish the various issues. However, no amount of bugs can diminish the immense pleasure of exploring this world.
Gadgets 360 - Akhil Arora - 3 / 10
The era of the PlayStation 5 and the Xbox Series X has arrived, but Cyberpunk 2077 is currently running on those next-gen platforms via backwards compatibility. A true next-gen update isn't due until sometime in 2021. That means CD Projekt Red developed a game for three platforms, and it's running on an acceptable level on just one (PC), provided you have the hardware. That is just plain ridiculous.
Game Informer - Andrew Reiner - 9 / 10
An open world you can get lost in and continue finding new things to do
GameHaunt - Mark Louis Salazar - 4 / 5 stars
Cyberpunk 2077 is of massive ambition, and the characters in it are brilliantly written and performed.
GameMAG - Александр Копанев - Russian - 9 / 10
It's definitely feels like with Cyberpunk 2077 CD Projekt RED tried to tell a really meaningful story, while using as a backdrop truly a unique setting. And all the while the developers made sure that the game still feels approachable by all kind of people, and that it presents itself with insane graphical fidelity painting an image of an eerily realistic world of tommorow. We doubt there's too many people who don't believe in CD Projekt RED, but in case you're one of them, be warned - Cyberpunk 2077 is something that will change the way you look at the gaming industry as a whole.
GameOnAUS - Royce Wilson - Essential
This is an outstanding and highly enjoyable game, but take your time with it, do all the side missions (think of them as extensions of the main quest, in fact) and don’t rush the main storyline. You should absolutely take the earliest available opportunity to explore Night City and everything it has to offer. From the visuals to the music to the vibe, it’s a superb experience and one I am looking forward to spending a lot more time with.
GamePro - Dennis Michel - German - 83 / 100
Cyberpunk fascinates with its story and characters, but presents itself in a partially desolate state on consoles.
GameSpew - Richard Seagrave - 10 / 10
Cyberpunk 2077 isn’t perfect, but it is ambitious. It marries a gripping story with a huge open world absolutely dripping with atmosphere; one in which, after fifty hours of gameplay, I still feel like I’ve only scratched its surface. Even now I’m itching to jump back in and complete yet more side jobs, not only because they’re enjoyable, but also just in case they offer V more options when it comes to ending their story.
GameSpot - Kallie Plagge - 7 / 10
Cyberpunk 2077 has standout side quests and strong main characters, though its buggy, superficial world and lack of purpose bring it down.
GameWatcher - Marcello Perricone - 9 / 10
A remarkably well-executed open world game whose greatest heights exceed its deepest failings.
Gameblog - Gianni Molinaro - French - 7 / 10
Cyberpunk 2077 is a new masterpiece from CD Projekt RED, a huge, dense, vibrant, colorfoul and dark Sci-Fi RPG that any fan of the genre should step in. First because it will provide the sensation that the story really depends on you choices and that you have everything you need for your playstyle. Then because streets, stores, buildings, inhabitants of Night City won't get out of your head easily. You'll be happy to interact with Keanu Reeves, but the real star is this city and all it provides in terms of atmosphere, game mechanics and stories.
[OpenCritic note: Gianni Molinaro separately reviewed the next-gen (10) and current-gen (4) versions. The scores have been averaged.]
Gamerheadquarters - Jason Stettner - 10 / 10
Cyberpunk 2077 is the cyberpunk game of my dreams, it provides one of the most highly detailed environments I’ve ever seen, with an incredibly expansive and immersive narrative.
Gamers Heroes - Blaine Smith - 60 / 100
Cyberpunk 2077 is a great game, but it could have been an incredible game that defined a generation. Instead, it falls victim to its own ambition and the industry's constant desire to push, push, push it out. In its current state, it's not for the faint of heart, and even hardcore Cyberpunk fans may struggle to stay interested amidst all the crashes and issues. If you have yet to pick it up, wait a few months and you could very well be treated to the experience we were all hoping for at launch.
Gamersky - 不倒翁蜀黍 - Chinese - 9.1 / 10
Although there still exist a lot of technical glitches, Cyberpunk 2077 stands out in terms of cyberpunk concept, story-telling, characters, level-design, combat, and so forth. It's a pleasure to spend hundreds of hours in the Night City, and I believe it would be one of the greatest open-world RPGs in the next decade.
GamesBeat - Jeff Grubb - 3 / 5 stars
It’s fine to make a game like that — for many, that’s the promise of Cyberpunk 2077. It just wasn’t the promise to me.
GamesRadar+ - Sam Loveridge - 5 / 5 stars
What Cyberpunk 2077 lacks in core campaign length, it makes up for with depth and soul, offering a world of intrigue and violence unlike any other.
Geek Culture - Marion Frayna - 9.1 / 10
The dark future certainly looks promising, thanks to the collective imagination of the team at CD Projekt Red, which seems to know no bounds. Cyberpunk 2077 certainly took a while to come to our hands, but be glad it’s finally here, for it is here to stay for a long time to come. And it certainly did not disappoint.
Giant Bomb - Unscored
Early Impressions Discussion: They should have delayed this game even more
One word: undercooked
God is a Geek - Mick Fraser - 10 / 10
Despite a few flaws, Cyberpunk 2077 is one of the most consistently astounding pieces of media I've ever had the pleasure of consuming.
Hobby Consolas - David Martinez - Spanish - 98 / 100
Cyberpunk 2077 is one of the greatest RPGs of the generation. We love Night City, its characters and great writing for every mission. It is also one of the best looking games out there (if your PC is powerful enough).
IGN - Tom Marks - 9 / 10
Cyberpunk 2077 throws you into a beautiful, dense cityscape and offers a staggering amount of flexibility in how you choose to take it from there.
IGN Italy - Davide Mancini - Italian - 9.3 / 10
Cyberpunk 2077 is like an addictive, huge, impressive braindance, where the feelings are real, while sometimes you see the puppet strings. It's an ambitious RPG, where narration, decisions and dialogue are far more important than combat, wrapped around a lot of fun, but usual and not always perfect, action mechanics. Engaging and marvellous to play, Night City on high-end PCs is stunning to see and super stylish. Cyberpunk 2077 is worth the wait, because the adventure of V and Johnny Silverhand is greater than the sum of its parts.
INDIANTVCZ - Filip Kraucher - Czech - 10 / 10
Cyberpunk 2077 offers a great sci-fi experience in which you can get lost for hours. It is not a revolutionary title in its genre, but it brings fresh changes. Whether it's new tasks, well-written dialogues, and characters, good stylized graphics, or very pleasant controls. Decision-making constructions leave you free where you need them. Conversely, they bind you in places where it is important. Everything fits together thanks to that. And if you were afraid that Cyberpunk 2077 would be a debacle. Throw this worry behind your head. Enjoy Night City to the fullest!
Kotaku - Riley MacLeod - Unscored
I haven’t fallen in love with playing Cyberpunk 2077, but I haven’t loathed it either. Some moments have been exciting or moving, while others have just felt like stuff to do.
M3 - Raphael Cano Felix - Swedish - 5 / 5 stars
A more emotive and engaging title is hard to find.
Merlin'in Kazanı - Ersin Kılıç - Turkish - 85 / 100
Cyberpunk 2077 offers an experience that players who love the genre should definitely try despite the bugs and big problems it contains.
Metro GameCentral - GameCentral - 8 / 10
A stunning achievement in open world gameplay but one whose tonal inconsistencies and weak narrative undermines what could have been an all-time classic.
PC Gamer - James Davenport - 78 / 100
Some nice characters and stories nested in an astounding open world, undercut by jarring bugs at every turn.
PCGamesN - Richard Scott-Jones - 9 / 10
Groundbreaking, but not quite as much as you're hoping it is. Cyberpunk 2077 doesn't surpass its brilliant influences, but in Night City, Johnny Silverhand, and its chilling vision of hyper-capitalism, it claims territory of its own.
PCMag - 3.5 / 5 stars
I fell in love with Night City, warts and all. If its many bugs can get ironed out, Cyberpunk 2077 is a potential Game of the Year candidate. Here’s hoping that CD Projekt Red can quickly push out fixes.
PPE.pl - Wojciech Gruszczyk - Polish - 9.5 / 10
Cyberpunk 2077 is huge, steeped in sex, satisfying shooting, and the expansion of individual elements delights. It's one of those productions you want to get ing into to get to know its charms and enjoy every moment in Night City.
Polygon - Carolyn Petit - Unscored
Cyberpunk 2077 is dad rock, not new wave
PowerUp! - Leo Stevenson - 10 / 10
Frankly, Cyberpunk 2077 is the best video game I've ever played
Press Start - Brodie Gibbons - 9 / 10
Cyberpunk 2077 is staggering, overwhelming, and even surprising at times in its spectacle. Although my first dozen hours with the game has been marred by easy-to-fix problems, Nighty City, along with all it offers and all that call it home, makes for an intoxicating escape. Here's hoping the next one hundred hours are as utterly compelling.
Push Square - Robert Ramsey - Unscored
We're still playing Cyberpunk 2077 in order to bring you a finished review, but it's impossible to recommend picking this game up at launch on PS4 or PS4 Pro. On PS5 via backwards compatibility, there's still fun to be had - a glimpse of the game's excellent potential - but even then, it's crippled by bugs and crashing issues. There's something truly special at the core of Cyberpunk 2077, but in its current state, it's simply not good enough. So far, a colossal disappointment.
RPG Site - 9 / 10
When Cyberpunk's grim setting and mix of gameplay systems land, it is a powerfully impressive experience - sprawling, dense, clever, witty, and most importantly damn good fun. Other times, it has all the charm of a moody, edgy teenager.
SECTOR.sk - Peter Dragula - Slovak - 10 / 10
Absolutely stunning action game with a lot of content, deep RPG progres and dialogue. Another master-piece from CD Projekt Red!
Saudi Gamer - عصام الشهوان - Arabic - 8 / 10
An ambitious, maybe over ambitious, thrilling ride that falters when it comes to execution. The developer's strength shines through the world building and production, resulting in a unique mix that is let down by a myriad list of technical and AI problems.
Screen Rant - 4 / 5 stars
Ultimately, it feels like Cyberpunk 2077 is a fitting bookend for the previous generation of games and a strong starting point for current-gen. Now it's time to start innovating again.
Skill Up - Ralph Panebianco - Unscored

Video Review - Quote not available

Spaziogames - Italian - 9.5 / 10
Cyberpunk 2077 traces a new path for the open-world RPGs, telling a thought-provoking story about the dangerous drifts of humankind.
Stevivor - Jay Ball - 9.5 / 10
The most important thing that everyone needs to know about Cyberpunk 2077 is that while it’s imperfect, it is without a doubt a superb game.
The Digital Fix - Andrew Shaw - 10 / 10
CD Projekt Red has set a new standard for what can be achieved in this sandbox. Cyberpunk 2077 is taking open-world gaming to the next generation.
The Games Machine - Danilo Dellafrana - Italian - 9.5 / 10
Cyberpunk 2077 is a wild journey within an incredibly fascinating setting; some technical uncertainties destined to disappear and a partial repetitiveness limit its glory, but overall it is an adventure worthy of William Gibson himself. Cyberpunk 2077 allowed me to finally feel immersed in that pen & paper RPG I discovered in 1988, pouring rain clouding my view in a kaleidoscope of neon signs, just as I had imagined while leafing through those pages. Some may not consider it a perfect game, but I do.
TheGamer - Kirk McKeand - 5 / 5 stars
I’m V and the game is Silverhand - I can’t get Cyberpunk 2077 out of my head. I’ve had it a week and played 70 hours, which is probably about as healthy as scooping out my face and replacing it with electronics, but it didn’t feel like work. Like a digital personality loaded onto a biochip, it felt like stepping into another life for a while. It’s a life I can’t wait to relive.
TrueAchievements - Heidi Nicholas - 4.5 / 5 stars
It might not reinvent the genre in every aspect, but for a fantastic story, an insanely detailed word, and brilliant dialogue, you’ve got to try it.
TrustedReviews - Jade King - 4 / 5 stars
CD Projekt Red has created a triumphant RPG experience with Cyberpunk 2077, yet it often falters under the weight of its own ambition thanks to inconsistent writing and narrative
Twisted Voxel - Ali Haider - 7 / 10
Too ambitious for its own good, Cyberpunk 2077 attempts to do too much and falters in its execution as a result. Despite its issues, it’s better than the sum of its parts and might be worth checking out for fans of action RPGs.
VG247 - James Billcliffe - 5 / 5 stars
In the midst of such intense anticipation and scrutiny, it’s easy to get carried away with what Cyberpunk 2077 could have been. The final experience might be more familiar than many predicted, with plenty of elements that aren’t perfect, but it’s dripping with detail and engaging stories. With so much to see and do, Cyberpunk 2077 is the kind of RPG where you blink and hours go by, which is just what we need to finish off 2020.
Windows Central - Jez Corden - 5 / 5 stars
Cyberpunk 2077 is an open-world masterpiece that features some of the most immersive and liberating storytelling this industry has to offer. With full freedom to choose V's personality, looks, and gameplay style, Cyberpunk 2077 gives the player an unrelenting amount of control in a world that delivers dozens upon dozens of hours of high-quality content. Cyberpunk 2077 is a mammoth achievement and solidifies CD Projekt RED's place at the top of the pile.
Worth Playing - Chris "Atom" DeAngelus - 6.5 / 10
It may not sound like it, but I enjoyed many aspects of Cyberpunk 2077. It doesn't hit the highs of The Witcher 3, but it still has a lot going for it. However, it was released in such an unfinished state that it's hard to give it a positive review. It's an 8.0 game hiding in a 4.0 game wrapper. I might change my tune in a few months, when patches have rolled out, but even when playing the best version available on the PlayStation systems, there's no getting around it: Cyberpunk 2077 might have been mocked for its delays, but it needed more of them. You'll still have fun if you pick it up now, but unless you're dying for it, it's best to wait until it's been patched and improved.
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🚀💎🙌 GME (Almost-)ULTIMATE DD 🙌💎🚀

🚀💎🙌 GME (Almost-)ULTIMATE DD 🙌💎🚀

EDIT 3 : CONGRATS TO ALL GME HOLDERS. TRUELY HONORED TO BE PART OF THE GME FAM. 🚀

Introduction

PDF VERSION HERE (20+ pages) with all the references and better quality illustrations but without updates and typo corrections. This is the FIRST VERSION of the post, but there could be more edits. I wanted to do a more extensive DD but as my exams start tomorrow I don’t have more time. If you want to take my work and extend it, please feel free to do so, just give a little shout out.
FIRST AND FOREMOST, SHOUTOUT TO 🚀💎🙌 GME GANG 💎🙌 🚀, YOU’RE IN MY ❤️.
This DD is just my own analysis. I put my money where my mouth is but this is definitely not advice. Do your own DD.
Last thing: Some stuff might be unsourced in this post but everything is sourced in the pdf version. While it’s not impossible that I might have missed some stuff, most of the time I put the stuff that I quote from other sources in italics. My ego is not big enough to feel like reformulating other people’s ideas and even less to steal other people's ideas. All I do is just gather insightful facts, figures, ideas and analysis.

Big picture

1.1 Macroeconomic View

I will be brief here, I think everyone knows what’s up basically.
Figure 1: although the USD is worth a lot less, the S&P 500 is doing alright. Thanks Jerome.
Enthusiasm is the key word here as we are in an environment with a very accommodative monetary and fiscal policy (thanks for the stimulus checks). Equities and Bitcoin hit record highs thanks to positive vaccine news and the markets hope for a fiscal package. The Federal Reserve is going heavy on asset purchases, bailouts and loans. And its balance sheet is expanding as well as money supply. Interest rates are extremely low.
Check for example, the Shiller PE ratio to see the enthusiasm driving the markets.
On a macro-level side from the risks related to the pandemic, the only worrying signs would be the shrinking money velocity or a suddenly-rising inflation (hyperinflation is bullish for stocks but not for the real economy).
That being said, we know how the FED and the government reacted to support the economy and the markets. Low interest rates and weak US dollar which is continuing to depreciate is very bullish for stocks overall.
I keep the macroeconomic view very short for that GME correlation with the S&P 500 is low - about 28% over the last 6 months. Moreover despite GME’s heavy reliance on brick-and-mortar stores, GME continues to get closer to profitability even with the pandemic.
If the pandemic would make the stock market to crash again during the trade, I wouldn't sell at a loss but wait a few days and then buy a LEAPS. This is my plan. Don't follow it, just make sure you have a plan in case it happens, it's important to avoid buying too much the first dip (because you might get a better price later) or worse, avoid a panic-selling and take a loss instead of tendies.

1.2 Sector(s) View

Figure 4: Video game market value worldwide from 2012 to 2023 (in billion USD)
Figure 5: Retail ecommerce sales in the United States from 2017 to 2024 (in million USD)
Video game total adressable market and ecommerce total adressable market keep growing, that's all we need to know on a macro-level. Now, the real question is not about the market itself but about the compny business model.

GameStop Corp.

  • Market cap $1.31B
  • 1-year performance 209.87%
  • Shares outstanding 69.75M
  • Short interest 68.13M (97.68% of the outstanding shares)
  • Held by insiders Between 13.6% to 27.3%
  • Held by institutions Between 110.5% to 122.0%
  • Owned by Ryan Cohen 12.9%
  • Owned by BlackRock 17.1%

2.2 Timeline


Table 1: GameStop timeline.
Short-term the sector is pretty hot with quarantines and the launch of next-generation consoles which will impact positively year-on-year sales growth. The pandemic could have been an opportunity but GME has still too many physical stores and not enough ecommerce presence yet to take advantage of it.
For the next earning release, the question is : how much PS5 and Xbox GameStop was able to get? And how much they sold in bundles (at high margins)?
Although it’s still unclear from what I’ve found it’s pretty bullish:
GameStop Corp. employees across the country were caught by surprise on Saturday when the video-game chain suddenly announced new shipments of the highly coveted PlayStation 5 and Xbox Series X consoles - bloomberg.com/news/articles/2020-12-14/gamestop-employees-rattled-by-surprise-shipment-of-ps4-xbox
inverse.com/gaming/xbox-series-x-restock-walmart-target-gamestop-january-2021
https://preview.redd.it/h8lt7bwhd6961.png?width=774&format=png&auto=webp&s=e29536613629d3d86bce03bc9e4a89a4e983c337
Figure 6 : https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=gamestop

https://preview.redd.it/n42qka5prw961.jpg?width=1030&format=pjpg&auto=webp&s=e634ddea7ccf954277a70e57ffa4e957badff22b
The recent Microsoft deal is extremely bullish for GameStop and could help the company to reach profitability sooner than expected. Here are the details about how it could impact GameStop’s profitability:
  • In years 3 and 4 combined, if just 5 million customers extend the subscription for two years, GameStop makes $180 million in incremental profit with zero cost involved. That's nearly a quarter of GameStop's current market cap in recurring income at 100% margin. - Justin Dopierala, “GameStop Revenue Sharing Agreement With Microsoft Shifts Sentiment.” SeekingAlpha.

2.2 Business Model and Management

  • Gamestop is omnichanneling into online activities according to Ryan Cohen recommendations although it doesn’t mean they will execute it perfectly this is bullish.
    • GameStop needs to evolve into a technology company that delights gamers and delivers exceptional digital experiences – not remain a video game retailer that overprioritizes its brick-and-mortar footprint and stumbles around the online ecosystem.” Ryan Cohen.
Table 2: GameStop is dangerously (for the shorts) getting close to profitability.
  • The company attributes the losses this quarter to the end of the console cycle and the limited hardware and accessory availability that came with that, as well as various game delays, and an 11% reduction in its store base - partially offset by recaptured sales at other locations and online. → The company should be profitable very soon despite being priced for bankruptcy for a long time → Expectations are incrediblly low until recently, more investors are believing in the vision esp. with Ryan Cohen.
  • GME e-commerce sales were up 257% year-over-year.
  • GME reduced its selling, general, and administrative expenses by $115 million.
  • GME repaid $10 million in debt in Q3 2020.
  • GME is diversifying sales to include more high margin items like PC accessories, PC monitors, etc (If I speculate, there may be partnerships with certain brands).
  • Focusing on loyalty programs like power ups and rebranding.
  • As of Feb. 2020, GameStop had 5,509 physical stores.
  • GME is closing unprofitable locations: they are closing 1,000 stores in Q1 2021 (by the end of March of 2021).
    • I’d like to quote a fellow GME gang member on this: It's no secret that brick and mortar is falling off, and if GameStop were to fight tooth and nail to remain a largely brick and mortar retailer they would go bankrupt in no time. It is also a fact that underperforming stores drain cash, which lowers net income and thus lowers earnings per share. Any store that is LOSING MONEY or is barely breaking even is keeping the stock price down because it's preventing future growth and killing net incomes. Closing underperforming stores will lead to a higher EPS and more cash that can be allocated to growth. - horny131313.
  • Gamestop is rebranding, and shifting to becoming the one stop video game and video game related product online retailer. While we haven't seen exactly what this will be, it is bullish to see them pivoting into other products besides just video games. Headsets, TVS, PC parts, you name it. You've seen the omnichannel memes, but we know that If they are bullshitting, Cohen will step in. Expect to see real progress made.
Some words from the last earnings:
  • "We anticipate, for the first time in many quarters, that the fourth quarter will include positive year-on-year sales growth and profitability*, reflecting the introduction of* new gaming consoles*, our* elevated omni-channel capabilities and continued benefits from our cost and efficiency initiatives*, even with the potential further negative impacts on our operations due to the global COVID-19 pandemic.*" George Sherman, CEO.
Possible catalysts (from KYJELLYTIME69):
  • A possible new Nintendo console release in ~1-2 years
  • Currently distressed commercial REITs = ability to negotiate lower rent = more $$$
  • Likely return of inflation (debatable but money supply ballooned and we are seeing velocity pick up a bit) with JPOW promising to keep rates at 0% even when inflation comes back = bullish for all stocks, bears will get slaughtered
  • OG printer Yellen manning the treasury in a month + possible dem senate = more stimmy checks = more money going into GME
  • If sales improve and balance sheets continue improve, we might see more credit upgrades
  • Better sales = possible dividend reinstatement, I couldn't care less about dividends but guess who's going to be paying? The shorts lol. If Sherman had balls, he would pull an OSTK and announce a special dividend , which will actually lead to a short squeeze while wsb laughs collectively as we get meme returns from this boomer move.

2.3 The Short-Squeeze Thesis


Figure 6: Stare statistics from Oct. 2019 to Nov. 2020
In terms of metrics, the DTC (days-to-cover) actually decreases, lowering the probability to get a short-squeeze short-term. Don’t get me wrong, this DOESN’T mean that it can’t happen, the % of shares shorted is still crazy high.
Days to cover: It gives investors an idea of potential future buying pressure. In the event of a rally in the stock, short sellers must buy back shares on the open market to close out their positions. Understandably, they will seek to purchase the shares back for the lowest price possible, and this urgency to get out of their positions could translate into sharp moves higher. The longer the buyback process takes, as referenced by the 'days to cover' metric, the longer the price rally may continue based solely on the need of short sellers to close their positions. Additionally, a high 'days to cover' ratio can often signal a potential short squeeze. This information can benefit a trader looking to make a quick profit by buying that company's shares ahead of the anticipated event actually coming to fruition. (Investopedia).
In terms of corporate actions, here is a quote from September mentioning the hostile takeover from Ryan which would trigger a massive short-squeeze, here is the explanation:
Short Squeeze Potential - If Ryan Cohen successfully negotiates a purchase price with the Board then the shareholders will have to vote on it. Unlike the proxy battle where Hestia and Permit were running a minority slate of directors, an offer to purchase GameStop would force institutions like Vanguard and Blackrock to call in their shares. By doing so, the shorts would be forced to close out their positions and GameStop would finally have the greatest short squeeze of all-time. Ironically, Cohen could use this opportunity to sell all of his shares and use the proceeds to entirely fund the acquisition of GameStop going down as the first person in history to acquire a billion dollar company... for absolutely nothing. In fact, his acquisition price would be less than zero. It will be exciting to see how it all plays out as according to Bloomberg/WSJ there are now 58 million shares short as of 8/31/2020 with only 65 million shares outstanding.
If I were short, I'd be sweating bullets right now. This won't end well and will ruin many.
Justin Dopierala is President and Founder of DOMO Capital.
How to know when the potential short-squeeze could happen?
  • Massive volume in short dated calls. [...] If you have shares, DO NOT SELL COVERED CALLS FROM THEM. by doing this you make the likelihood of a squeeze decrease. - horny131313
  • Unwind their short position with some behind closed doors deal. A scenario like this could include: Melvin offering shares of other stocks at discounted prices in exchange for GME shares or to unload a portion of their short shares. The second party to this deal could also offer to buy GME shares for higher than market prices - horny131313
If you want to do a further analysis on short-metrics I put some additional figures - you might find some kind of pattern idk.
Figure 8: Share statistics of December 2020
Figure 9: Available shares to short vs. fees in %.

2.4 Is GME Manipulated?

Maybe.
I know there is actually a prob. with the % daily returns (it isn't equal to 100% BUT the proportions still hold true on a non 100 point basis). The main point is that: negative daily returns were much higher than positive ones.
If you are familiar with the stock market, you might have noticed that winners do not act like this usually: total return was +21% yet there has been 53.3% red days. If you look at regular stocks which have positive cumulative returns it doesn’t happen that often (outliers aside).
This is why I suspect that the stock is being manipulated but the weird stats might be explained just because the stock kept being shorted although it was not enough to keep the price down.
Another opinion on this:
  • Melvin and BoA both have short positions, and are desperately trying to drive the price down. Unfortunately, it is getting harder and harder to convince people that gamestop is a failing business. They are sweating and will continue to sweat. Given the buy side volume, they could close these short positions gradually without triggering a massive squeeze, however it WILL drive the price up significantly higher than it is now. - horny131313.

2.5 What 2020 Has Taught Us?

I think at this point it is the wrong question to ask (is the stock being manipulated?). To me, the most important thing is what is the upside potential and the risks associated? Then, how to trade GME?
  • If you're new to gamestop, the volatility will seem scary but the shorts fight hard with this one. -10% days followed by +20% days are not unusual. - horny131313
I would like to elaborate on this very idea. For this, check GME statistics for 2020:
https://preview.redd.it/t05xum2zc6961.png?width=764&format=png&auto=webp&s=b2e092560bba3b3091a6fe8bf0bceea2ce7b9f5c
https://preview.redd.it/odbxo3sxc6961.png?width=772&format=png&auto=webp&s=7897f1dac841aa381b916046c3652e2d2c4ece68
  • Whether the stock is manipulated or not, MOST of the 2020 trading days were negative.
  • The worst daily returns were hard to handle honestly we are talking multiple worst than 14% daily drawdowns.
  • You could more than triple your money WITHOUT LEVERAGE.
  • Let’s say you bought late Apr. and sold late Aug. you could have been at -13% returns and +31% the next week if you had diamond hands. For the real diamond hands you had +147% returns the next 2 months.
Psychologically this was a hard trade for sure. But for those who had diamond hands, it was pretty amazing. If you don’t feel comfortable being at -20% or even -30% returns for months before the stock literally BLOWS UP… Reduce your position and diamond hand with a smaller size. Better to win with less than lose with a lot…
TLTR: DIAMOND-HAND THIS OR DON’T TRADE THIS AT ALL.

Risks

3.1 Upside Risks

  • RC Ventures LLC increases its stake.
    • It could be VERY soon. On the 31 December 2020, someone bought 900K shares, it could be Ryan Cohen given the size of its last purchases:
Figure 10: Last RC Ventures GME Purchases. Notice how the biggest numbers (e.g. 800K & 500K) while the smaller ones weren't (e.g. 320K, 256K or 128K).
Figure 11: Check who tweeted this on the same date as the 900K shares purchase?
EDIT : the recent 900K-share purchase after hours were not "purchases", it was quarterly option settlement. - KYJELLYTIME69.
  • This is very bullish because after the disclosure of additional buying from Cohen last time, even though it strangely took 1 full trading day for the market to pop up, GME shot up 29%.
  • Surprise investors with their holiday sales and/or EPS.
  • RC Ventures LLC gets more than one seat on the board.
  • RC Ventures LLC begins a hostile takeover.
    • On top of its increasing stake, Ryan is supported by both a lot of small and now large investors too.
    • Moreover “there is a decent amount of evidence that Ryan Cohen spent the summer of 2020 hiring a badass lawyer and crafting a pretty solid plan to wrest control of a struggling Mall-based gaming retailer from its out of touch Boomer Board and CEO so he can turn it into an ecommerce juggernaut like his baby Chewy. the attorney listed on each of the 13Ds filed by RC Ventures. [...] Chris Davis, Activist Attorney Extraordinaire and His Successful Use of the Consent Solicitation to Remove Dipshit Boards/CEOs” - CPTHubbard.
  • Moody's Upgrades GameStop's credit rating a second time in a row
    • Hoping for a PR soon confirming the recent redemption of the 2021 notes. Potential credit upgrade from Moodys could come now that GME has officially redeemed 63% of their 2021 notes. If we don't get that now, we should get it in March when the entirety of the 2021 notes are retired. Debt considered investment grade and not junk is a big positive and one most overlook. - Stonksflyingup
  • Short sellers close a part of their position huge short position.
  • A major hedge fund takes a significant position on GME.
  • Dividend reintroduction.

3.2 Downside Risks

  • New short sellers open a position and current ones scale up theirs.
  • Momentum towards profitability dies out and the company goes bankrupt.
    • Honestly if you read this far you know this is extremely unlikely.
  • Share dilution.

3.3 Overview


Table 6: Upside risks
Table 7: Downside risks

3.4 Commentary

Figure 12: GME is one of or even THE most shorted stock for its valuation (in terms of % short interest).
This means two things:
  • It is very unlikely for the shorts to continue to short the company especially when its credit rating is being upgraded - we will see if it keeps getting upgraded or not in March.
  • If the shorts get to short it more (or new short sellers open a position) it will:
    • Drive the stock price down (lower market cap), drive the short ratio higher making the unwinding of the short sellers even harder and as a result making the probability to have a short-squeeze VERY BIG if good events happen moving forward.
    • Push Ryan Cohen to accelerate its plans.
      • I will personally increase my share-position if it happens.

Conclusion

4.1 Prices Targets

Here is a summary of my post:
When the short % of free float went from a high point (~160%) at around February 2020 to a low point (~140%) - which by the way are in absolute terms both huge numbers- the stock went up ~94% BUT most of the gain took place at 2 key moments: at the recovery of the market crash and then in late August which shows that 💎🙌-ing is key to capture most of the gains.
Figure 13: GME returns from 3 Feb. 2020 to 1 Sept. 2020
Why do I say this? Because when holding the stock you could “feel” like you bled when you watch the stats:
Positive daily returns Negative daily returns
49.3 % 50.7 %
But IT WAS IN FACT THE SHORT SELLERS WHO BLED HARD:
Best daily return Worst daily return
23.0 % -13.7 %
Imagine you sold GME when the -13.7% happened. You would not have captured the 94% returns. So just 💎🙌 and let those shorts go bankrupt.
Table 8: PTs.

4.2 Valuations

“Wallstreetbets - GME 4Q20 Financial Model 🚀 🚀 🚀.” Reddit, www.reddit.com/wallstreetbets/comments/kh9na8/gme_4q20_financial_model/.
“GameStop Rips Higher as Hedgeye Pitches the Long Side of the Trade.” SeekingAlpha, 23 Dec. 2020, seekingalpha.com/news/3647009-gamestop-rips-higher-hedgeye-pitches-long-side-of-trade.
Thanks for reading.

4.4 Letter to the GME Gang

💎🙌 🚀
BIG SHOUT OUT TO THE ALL THE MEMBERS OF THE GME GANG.
I WILL MAKE MORE DDs IN THE FUTURE IF YOU LIKE THIS ONE.
I AM NOT DELUSIONAL OR COMPLETELY DUMB I KNOW THE TRADE IS RISKY BUT IF WE ARE RIGHT, WE WILL MOON THAT IS FOR SURE.
LET’S MAKE HISTORY WITH THIS ONE.
GME GANG 4 LIFE.
Sincerely yours,
ShortTheNasdaq, a proud member of the GME gang.
💎🙌 🚀
EDIT 2: Delos Capital Advisors turns BULLISH for GME throughout 2021 (https://www.cnbc.com/video/2021/01/05/stocks-to-buy-in-2021-strategist-names-three-top-picks.html).
MORE LINKS (not included in the pdf):
https://finance.yahoo.com/news/implied-volatility-surging-gamestop-gme-135401645.html
https://www.reddit.com/wallstreetbets/comments/krdqp5/gme_4q20_financial_model_update/
https://www.reddit.com/wallstreetbets/comments/krgvq6/gme_gang_digital_is_the_rebirth_of_gamestop_not/
https://www.reddit.com/wallstreetbets/comments/kr98ym/gme_gang_we_need_to_complain_about_naked_short/
https://www.reddit.com/wallstreetbets/comments/kr02y8/gme_gang_18_consecutive_days_on_nyse_threshold/
https://www.barrons.com/articles/gamestop-stock-soars-as-short-sellers-take-a-hit-51610572262
https://www.bloomberg.com/news/articles/2021-01-13/heavily-shorted-gamestop-soars-most-ever-as-day-traders-circle
FAQ 1 : Is GameStop going bankrupt? 300%+ yearly growth ecom sales, already closing top ~20% of their most unprofitable locations, high margin partnership with Microsoft, new gaming console generation, Moody's recent credit upgrade on 8 Jul 2020 from C (negative outlook) to B3 (stable outlook)... So extremely unlikely.
FAQ 2 : GameStop employees complain about the company, so is the stock going down? Well listen to Apple's iPhone manufacturers or Amazon employees... There is no correlation between their words and the stock price, if any there is a negative one.
Positions: shares, Nov. calls and some cash on the sidelines to buy the dips.
PDF VERSION HERE (20+ pages) without the corrections and updates but with ALL the references if you want to work from this post or dive deeper on certain points.
submitted by ShortTheNasdaq to wallstreetbets [link] [comments]

3 Quick Tl;Dr Android Game Reviews / Recommendations (Episode 161)

Welcome welcome, my fellow Android gamers, to this weekly tradition where I summarize the most interesting mobile games I have played this week :)
This episode includes an awesome samurai-inspired action fighting game, a fantastic RPG with Heroes of Might and Magic-inspired combat, and an old-school turn-based tactical indie RPG with more features and systems than most RPGs I’ve played on mobile.
Disagree with my opinion? Let’s have a friendly discussion below.
New to these posts? Check out the first one from 161 weeks ago here.
The games are "ranked" somewhat subjectively from best to worst, so take the ranking for what it is.

Let's get to the games:

Ronin: The Last Samurai [Game Size: 310 MB] (free)

Genre: Fighting / Action / Rogulite progression - Requires Online Access
Orientation: Landscape
Required Attention: Full
tl;dr review:
Ronin: The Last Samurai is a unique action fighting game with a beautiful "ink wash" art-style and Archero-inspired roguelike progression systems.
With only an attack and a defend button, combat seems deceptively simple at first but quickly turns into a game of masterfully blocking incoming attacks and identifying each enemy’s attack patterns. Most importantly, combat just feels great, and any attack or animation can be interrupted to block an incoming attack, which plays a big part in making it feel responsive. In fact, blocking at just the right time allows us to parry incoming attacks, which reduces the enemy’s “Posture”. Once posture has been fully reduced, the enemy gets stunned for a few seconds.
The core gameplay consists of a series of one-screen stages that each contain a few enemies, with bosses at every fifth and tenth stage. Every time we level up by defeating enemies, we get to pick one of three available abilities that last until we die, allowing us to gradually grow stronger. We fight until we die, and between deaths, we can then equip or upgrade loot found during combat, or spend gold to unlock random new permanent stat boosts to hopefully progress further the next time – much like in Archero.
Ronin: The Last Samurai monetizes through incentivized ads to revive once, an energy system that limits our play-session length, and iAPs for a premium currency used to instantly acquire new loot, buy forging scrolls used to upgrade equipment, and get more energy.
If you can live with the monetization and just play the game for 30-40 minutes at a time, it provides a challenging combat experience that is definitely worth checking out.
Google Play: Here
MiniReview link: Here

Rivengard [Total Game Size: 414 MB] (free)

Genre: RPG / Turn-based - Online & Offline Playable
Orientation: Portrait
Required Attention: Some
tl;dr review:
Rivengard is a fantasy-themed tactical RPG with an interesting turn-based combat system that has us build out a large team of heroes to fight through PvE campaign missions, AI PvP matches, guild raids, and much more, while collecting loot and gold to upgrade our heroes and forge better gear.
Every hero has unique stats and abilities, and at the start of each match, we select which to use and where to position them on the hex-grid playing field to best counter the opponents. We get to move every hero on each turn, and attack opponents with normal attacks or abilities if we’re within range, much like in the Heroes of Might and Magic PC games. The terrain even increases the strategic gameplay depth by including bushes to hide in, HP-recovering tiles, and elevated platforms that provide a damage boost, and since there is no auto-combat system, each fight is both engaging and fun.
Progression happens primarily through completing campaign levels and quests that provide shards, laurels, and gacha tokens used to unlock new and level up existing heroes. While it didn’t hinder my enjoyment of the game, there is an energy system that caps the speed of this progression by limiting our play-session length to roughly 20-30 minutes at a time.
Monetization happens through iAPs for a premium currency used to buy chests with resources and items, summon heroes, and recover energy when it has depleted. With lots of game modes and a guild system that the developer is actively expanding, Rivengard is a promising and fun RPG primarily held back by a monetization system that may frustrate some players.
Google Play: Here
MiniReview link: Here

Grim Wanderings 2 [Game Size: 114 MB] (free)

Genre: Strategy / Turn-Based / RPG / Indie / Complex - Offline Playable
Orientation: Landscape
Required Attention: Some
tl;dr review:
Grim Wanderings 2 is a deep old-school indie RPG with turn-based tactical combat, large hex-grid maps, lots of quests and random events, and 25 unique character classes.
In either the Adventure or Strategy mode, we travel a hex-grid world to fight enemies, hire new troops in towns, build new buildings, and complete quests or random events – a bit like in Heroes of Might and Magic. Once we’re ready, we can start exploring the many events and locations each hexagon world tile contains. For example, we may travel to a lake and meet a fisherman who we can forcefully ask to share his fish, or even rob. After selecting an action, we're shown eight cards of which we pick one to determine if our action fails or succeeds.
While there is already lots to dive into, the developer have an incredible amount of plans for the future, including an arena PvP mode, an endless mode, many more events, and even a game editor that will allow the community to create its own quests and events.
The game’s biggest flaw is its complex UI, which, in combination with the overwhelming amount of systems and features that are all available from the beginning, makes the game difficult to get into. There is also no auto-save, which can be a blessing or a curse depending on how you view it.
Grim Wanderings 2 monetizes through occasional ads and a 60-minute daily play-time limit, all of which can be removed through a single $2.99 iAP.
If you’re ready to dedicate the time it takes to fully understand the game, it may provide one of the deepest and most unique turn-based RPG experiences on mobile.
Google Play: Here
MiniReview link: Here
NEW REVIEW APP: You can search and filter reviews and games I've played (and more) in my app MiniReview: https://play.google.com/store/apps/details?id=minireview.best.android.games.reviews
Outdated (replaced by MiniReview): Sheet of all games I've played so far: https://docs.google.com/spreadsheets/d/1bf0OxtVxrboZqyEh01AxJYUUqHm8tEfh-Lx-SugcrzY/edit?usp=sharing
TL;DR Video Summary (with gameplay) of last week's 3 games: https://youtu.be/188UCN2mcAo
submitted by NimbleThor to AndroidGaming [link] [comments]

The REAL Greatest Short Burn of the Century Part III: GME Infinity War

Oh and uh short burn of the century comin soon. Flamethrowers should arrive just in time.
-Elon Musk
Oh Elon, sorry to steal your thunder. But GME will make TSLA vol look like TLT. Jeff haunting your every accomplishment yet again.
I’m back with the final warning bell. The next time I post in 2021 will be to recap the squeeze’s results and post gain porn along with u/Deep_Fucking_Value, u/SIR_JACK_A_LOT, u/Tomatotowers, and more. This is the last stop before the moon mission.
It’s currently not too late. But after Q3 earnings on Dec 8th, it will be. And of course, as always, not financial advice. Just for bragging rights and entertainment. Here goes:
Here’s a comprehensive GME overview for all new and returning WSB-monkeys. Sit down and grab some tea. This is a long one unlike the previous posts.
GME Overview:
The GME story can be broken up into 2 main theses. The first is a deep value play which has credibility all on its own. The second is an infinity short squeeze like we’ve never seen before in history, which has credibility all on its own. When combining the two, you get the trade of a lifetime.
In all my (albeit limited) days, I have never EVER seen a trade set up like this before. I’ve pored over every source of historical finance material I can get my hands on, and still have nothing to reference to. IMO, this will look more like the 2008-MBS bet, or the Ackman 2020-COVID “Hell is coming” bet, than TSLA, OSTK, KBIO, or VW.
Just a fucking face-ripping, out-of-nowhere, legendary-HOF-ticker bet that will bankrupt some funds and get people fired - and of course, with no community other than WSB’s name next to it in the history books (and if I could pencil in our lovely GME discord hosted by u/BadElf21 and u/RoaringKitty’s YT stream).
Let’s begin.
Act 1 - The Set Up:
Q: Why is GME so heavily shorted in the first place? Why are we betting the long? Aren’t they going bankrupt ala Blockbuster? If not, are we just trading this short term like a HTZ/CCL meme stonk?
A: NO. This is a fundamentally solid deep value play at its core.
First let’s go back a few years. We must give the shorts due credit in order to understand where we are now. GME has been profitably shorted since 2013 when the market correctly bet on the digitization of video games and spread of mobile gaming. Some data here:
The shorts are betting on $0.
However, in the last 12 months, GME has shown that their terminal velocity does not lead to bankruptcy. GME has a strong balance sheet. Cash on hand is worth over $12 a share. Net cash is worth over $5 a share and is FCF positive (nixing the bankruptcy thesis). They also paid off $125M in debt last month just to show Moody’s they are healthy due to their incoming console cycle FCF (which may lead to possible bond upgrade, enticing more institutional investors).
So give the shorts credit. They had a legitimate case until the last 12 months, when George Sherman (CEO), Reggie Fils-Aime (ex-Nintendo, current GME board member), and others have been conducting a phenomenally well executed turnaround.
That explains why we currently have ~70M shares short out of ~65M shares outstanding - but they’re all now caught on the wrong side of the trade.
In case the severity of the short interest hasn’t hit you yet, there is a bigger market for shorting GME than the business of GME itself. This is not even taking into account the long holders (Senvest, Ryan Cohen, Burry, Donald Foss, Sherman, Hestia/Permit) which takes ~25M shares out of circulation. So short interest in reality could be around 180%+ of true float.
A true head-scratcher.
And a worthy opponent.
But they’re wrong.
Act 2 - Avengers, Assemble:
Q: Why am I so sure GME is prime to blow? Isn’t this just another meme stonk hunch driven by WSB and Michael Burry hype? How can a few online gamblers and a few activist investors turn a dying business into a trade of a lifetime?
Couldn’t the shorts be right? Also, hasn’t it blown already?
A: NO AGAIN.
Let me show you the ridiculous Avengers team we have. By Avengers team, I mean all the bullish cases:
1) Ryan Cohen
Iron Man of the bunch, some call him the Dog-Man.
This guy is a crazy entrepreneur. He took on Bezos with a pet food company (CHWY) and won. Let me repeat - he beat Jeff Amazon without AWS subsidizing his loss leaders.
In other words, he built Markk I (CHWY) in a tiny cave with scraps all by himself with his dad, and now that he has billions, he wants to build nanotech Markk 50 (GME). Read up on this guy. He’s as crazy and as smart as they come.
He also wrote a scathing letter to GME leadership, but if you read between the lines, he’s not addressing the existing board, who had only been there temporarily. He’s setting this letter up in order to potentially offer a takeover bid (rumor mill - unconfirmed).
Either way, GME leadership needs to address this letter in the Q3 earnings call on Dec 8th - which means they need to either post a good quarter, provide good guidance, or add color to existing developments.
Otherwise George Sherman (Cpt America)’s ass is out the door and Cohen takes over as the leader of the Avengers through a vote or buyout. Either of which requires shares to be recalled.
One more thing to note about RC. There has been no 13D/A filling since his initial purchases. Which means he is STILL IN. He has not sold a single share.
2) GME Leadership and activist investors - Guardians of the Galaxy, Dr. Very Strange Burry, and the old Captain trying to fit in with the youngsters:
Dr. Very Strange Burry - AKA Big Short Man. Supreme numbers aspie who might have a screw loose but is unmatched at spotting contrarian trades. *Edit 2: BTW for those asking about his holdings drop. He's trimming to stay under 5%, but still has a large position:
Hestia/Permit/Senvest - Contrarian, activist investors.
Cpt George Sherman - Boomer CEO who knows what he’s doing.
Reggie Fils-Aime - Beloved ex-Nintendo President.
3) Bond repurchase
GME just bought back $125M of debt maturing in 2021. Who cares? Yes - normally this is a nothing burger even for a micro-cap, but if the shorts are betting on $0 - this is clear evidence against that bet.
Secondly, rumor mill has it that this debt repurchase plus positive Q3 earnings/guidance will allow Moody’s to upgrade their 2023 debt to A or maybe higher.
This is HUGE because it allows institutional investors to long GME without further restrictions. In other words, they may not be allowed to long companies with B- debt. Once this is upgraded, more buyers are allowed to come in.
Very underplayed story here.
4) TA - When the stars and crayons align. Here’s an excerpt from our resident astrologist u/JayAreW:
Ignoring the short squeeze element of GME and just looking at chart action, there are two elements that are important to keep track of. The cup and handle pattern and $15.80.
While my trading style is 90% technical analysis, there are certain elements which I shy away from – mainly chart patterns. However, it is important to at least recognize the obvious ones because if you see it, chances are others see it too. The main pattern I keep an eye out for are the massive cup and handle patterns. This is an example from Pring figure 1.
The buy signal is traditionally a breakout above the handle, and a good estimate for price target is the distance from the base of the cup to the handle, added to the breakout point. A recent example of this is $JMIA (daily - figure 2). Notice not one, but two failures to break the top of the handle and the subsequent parabolic run. Compare $JMIA with $GME and you see almost the same pattern (daily – figure 3). The traditional buy signal would be a breach above the red line (~$15.80). The difference between $JMIA and $GME is that $JMIA was far more condensed; the pattern played out over a period of a few months where $GME’s cup and handle started in late 2019. Playing this pattern exclusively, I would expect a price target of roughly $27, stretched out over a period of weeks/months and not as explosive as it’s African counterpart (assuming a squeeze doesn't happen between now and then). Typically, any chart pattern calls for a retest of the breakout point, so don’t be surprised if $GME retraces to $15.80 and look for a bounce there as confirmation that the breakout is on. The other important element is the $15.80 price. Not only is it the breakout point for the cup and handle pattern, but it coincides to a price point which I believe was a major short-selling entry point (fig 4). Notice the nearly 20% gap down on 33 million of volume. This type of action doesn’t just happen with selling alone and I believe massive short positions were opened on that day.
This $15.80 then represents a breaking even point for those shorts if they have not closed their positions (and we have no real reason to believe they have). Breaking even is a huge psychological barrier for people when a trade isn’t going their way and often times represents an exit point for crowded positions. Most of the shorts were already underwater - above $15.80 and that water begins to boil. I believe this position is becoming borderline untenable for existing short positions and is a crowded and disastrous trade. So to recap, $15.80 not only serves as an important chart pattern breakout point, but the proverbial “line in the sand” for existing short positions.
JeffAmazon here again: Note Jay and I don’t agree on a few major points, but are nevertheless both seeing bullish action to come very very soon.
5) Product Mix
GameStop is expanding their product mix to include monitors, PC parts, and more. GME is no longer a Disc-Drive only store (which is fine itself), but an all-things-tech e-commerce growth start up. Or you can at least bet that’s the narrative.
GIVE ME THAT F-ING CHWY SALES MULTIPLE.
6) Three signs of a bubble: leverage, lack of liquidity, and consensus.
This is an inverse bubble - it will rise as quickly as other bubbles drop. KBIO and VW are often quoted as short squeeze examples. Those are wrong comparisons. The only similarity is the fact that shorts were involved.
Instead, think of any other market bubble. It’s simply about leverage, lack of liquidity, and consensus. We have all 3 in GME. Everyone thinks GME will go like BlockBuster to $0 and is using leverage to short (by definition and current SI).
So instead, think of Burry’s 2008 MBS trade, Ackman’s 2020 COVID trade, PTJ’s Black Monday Trade, or Chanos’ Enron trade.
Same thing, different direction. Will go up as fast as the others went down.
And oh boy do we lack liquidity. Crowded party, one exit.
7) Phenomenal numbers due to current console cycle.
$GME bull Rod Alzmann (Uberkikz on Stocktwits) has great breakdowns on Q4 EPS/order count due to console cycle. He tracks orders by order number among a slew of other information here.
Check out his models. In short, we expect over $5 EPS in Q4 base case. Which is bananas.
8) MSFT Partnership gross margin
GME is getting free money from Satya Nadella.
Conservative estimate $180M, 100% margin for 2 years.
9) January and April option OI
OI in option calls for Jan and April are almost 4X that of Decembers. Is GME going to exercise the ITM calls for a squeeze? Why are they so insanely large? Who are these buyers? WTF are they doing?
No clue. But something is about to go down.
Note put call skew isn’t that low, so no infinity gamma squeeze yet, but it will come as GME obtains meme status.
10) Most importantly, YOU.
CNBC and other misled, egoistic mass media companies and institutional investors continue, time and time again, to look down upon the new generation of traders and laugh at WSB.
Tell me, which one of them has read all of Moody’s credit reports on GME? Which one of them live streams collaborative GME DD 20+ hours a week for 6+ months straight? Which one of them tracks order flows by the f-ing second based on skimmed CC data? Who scours GameStop to see how leadership is treating their employees and customers at a testimonial level? Do they even know about the bond repurchase?
They don’t know jack s-.
Act 3 - The Trade
What more evidence do you want? Time for action.
First, the PT. u/ronoron summed it up well:
A 3 billion market cap (not even 0.5x of their revenues) would already leave GME at $46/share.Going back to their 2013 peak at around 6 billion market cap would leave them at almost $100/share already, not the $56 peak/share. The algos trading still can't appreciate the fact that GME halved its number of outstanding shares a while ago.
For comparison. Bestbuy is trading at almost ~0.7x of revenues with lower gross margins. Nordstrom is almost at 0.4x of revenues despite the bigger liability their department stores are having through corona (never mind their uglier balance sheet). GME is still hovering just above 0.2x revenues because stinky shorts overestimated how bad corona would be for GME (e.g. delayed console cycle, digital consoles becoming widely popular).”
PT can easily be over $100. The JeffAmazon target is $420 which gives them about ~$25B market cap at a P/S ratio of 5, maybe 4 with console cycle revenue. That wouldn’t even be considered an euphoric price with today’s growth stocks. For comparison, NVDA is 22, TSLA is 20, and CHWY is 5.
Timing: This all hinges on Dec 8 earnings. If GME misses (it historically has), Cohen will use this opportunity to attack leadership and take over as CEO. Therefore, GME leadership needs to provide a great earnings report or else Sherman will lose his job.
Here’s my responsible trade (do whatever you want): All in calls and shares now. If IV and $GME is sky-high before earnings, sell half to secure profit. If GME misses and tanks, bet your bottom dollar a takeover bid will be announced shortly.
In all honesty, I'm going to probably hold everything through earnings WSB style.
My positions: 1/15/21 $30Cs, shares
(I would buy April $30Cs too, but I'm all tapped out of cash).
Shorts and longs both have their cases. All the cards are on the table. Which side are you on?
If I missed anything, comment and I will update above. I’m aiming to make this the final stop for all high-level GME DD.
*Edit 1: Educate yourself right now on IV crush (in short, we expect a lot of vol now, so option prices are high. After earnings, expected vol normally decreases, so your option prices will normally drop). GME is the king of IV crush after earnings. If you're playing FDs, prepare to get destroyed like always. Safer bets are LEAPs or FDs after earnings.
*Edit 2: All these beat earnings recently: SNE, MSFT, BBY, BBBY, NTDOY, ATVI, TTWO, JWN, M, KSS
submitted by Jeffamazon to wallstreetbets [link] [comments]

The /r/NintendoSwitch GOTY 2020 Awards - Voting Now Open!

Greetings!
We have gathered the nominations, it is time for you to vote for the best games of 2020!
CLICK HERE TO CAST YOUR VOTES!
NOTE: You are not required to answer every category, but the more the better!
Voting will remain open through at least January 29th. If votes are still coming in after 5 days, then we may extend the voting window an extra day or two.
This year's categories are:
Cheers,
Your NintendoSwitch Mod Team
submitted by NintendoSwitchMods to NintendoSwitch [link] [comments]

Outriders - FAQ

Hey guys. So as we are slowly edging closer to release and the demo, in my boredom I've decided to create a simple FAQ as I find myself answering a lot of the same questions.
Some of these answers are lifted directly from PCF, some are just info I'm aware of myself. I will try to keep it updated with any questions asked in the comments.
Included are General questions, Demo info, Gameplay info, QOL info, and Crossplay/Multiplayer info.
EDIT: All updated now, if I have missed anything obvious I'll update this when I'm made aware.. thearcan feel free to do with this thread as you see fit
 

GENERAL

 

- When will Outriders be released?

01 April 2021

- What Platforms will Outriders release on?

Outriders will be available on PlayStation 5, Xbox Series X, PlayStation 4, Xbox One and PC (Steam & Epic). Outriders will be released on Stadia at a later date.

- What kind of game is Outriders?

Outriders is a 1 to 3 player, drop-in-drop-out co-op, third-person-perspective shooter set in an original dark and desperate sci-fi universe.

- Where can I watch the Outriders reveal trailer?

Right here. This is also on their official channel with plenty more in depth info on the game.

- Is there an official discord?

Yes here

- Is Outriders a Free-to-Play game?

No. Outriders will only require a one-off purchase of the game.

- Is Outriders a Games-As-A-Service?

No - Outriders will be a complete experience out of the box.

- Will Outriders feature Micro-transactions?

No. However the pre order bonus will be able to be purchased separately afaik.

- Will Outriders support Smart Delivery on Xbox? Will we get a free upgrade to PlayStation 5?

Yes. Anyone who purchases the game for Xbox One or PlayStation 4, will get a free upgrade to Xbox One X, Xbox Series S and PlayStation 5 respectively.

- Will Outriders support Cross-Play?

Yes. Outriders will Fully support cross-play, meaning you will be able to explore Enoch with any of your friends on any other platform. You can play Outriders from start to finish with your friends regardless of what system they own.

- Will there be DLC?

At this time we don't know, if the game does well, hopefully we will see more of Enoch.

- Will my PC be able to handle Outriders?

See here

- Why was the game delayed?

See the official response here
 

DEMO

 

- When does the Demo release?

25th February 2021

- What will the demo include?

Final details have not been announced yet. But we know it will be the first few hours of the game.

- Will my demo progress carry over to the full game?

Yes - but there will be progress caps in place. At this moment in time we know there will be a level cap, world tier cap and story progress will be capped.

- Will the demo feature crossplay?

Yes
 

GAMEPLAY

 

- Can I play all classes?

Yes, you should have 6 character slots available.

- Will I have to replay the story for each class?

Yes, as far as we know.

- Does each class have multiple skills/powers?

Yes each class has 8 skills total. Only 3 can be equipped at one time.

- Why can we only play in groups of 3?

PCF found that groups of 3 hit the sweet spot for balancing, optimisation and visibility, especially with some much going on in battle.

- How does difficulty scaling work?

The game utilises a world tier system. There are a total of 15 World tiers. In essence the more you kill, the longer you survive, the higher the world tier you unlock. Each world tier increases difficulty, but also your rewards. This can be adjusted up (to the max you have unlocked) and down at any point.

- How does endgame work?

Endgame consists of 14 expeditions, all fresh content. In essence, get to the end as fast as you can on the highest difficulty you can for the most rewards. See more here

- What if I miss a loot drop?

There is an auto loot feature in game.

- Why don't enemies drop loot in expeditions?

They do. It all just goes to the chest at the end. See clarification here

- Does that mean if I fail an expedition I don't get any loot?

No, as per the previous linked comment, you still get this loot even if you fail.

- Can I transfer loot to another character?

Yes, there is a stash system.

- How does crating and mods work?

See Here Approx 16 mins in.

- Is there an in game achievement system?

The game will feature accolade system which is something in between achievements and battle pass. It will reward you for doing actions you would normally do in gameplay with small cosmetic rewards so if you need extra motivation to repeat few side quests and spend more time in the game here it is. The system will give only cosmetic rewards and there is no way to buy your progress, it is also completely optional but completionists can have nice fun with it.

- How do armour stats work?

See an official breakdown here

- What weapons can we use?

From what we have seen you have Pistol side arms, and equip 2 primary weapons. So far we have seen Assault rifles, LMG's, Shotguns, Sub Machine guns and a variety of rifles including Snipers.

- Can I play the whole game solo?

Yes, the number of enemies etc scale depending on how many people are in your party. Expeditions are designed for 3 players, but should still be doable solo. See clarification here

- Is there PVP?

No.
 

QUALITY OF LIFE

 

- Will there be in game comms?

No - at this time there is no in built chat or ping system. See further explanation as to why this is here

- Will there be loadouts?

No, not at this time.

- Will there be a transmog system?

No, not at this time.

- Are there colourblind settings?

Yes, I believe so.

- What are the next gen upgrades for Xbox Series X and PS5?

Nothing has been confirmed yet, but we can expect some optimisation benefits etc. Suggestions that we should know for certain by the release of the demo.

- Do I have to be online to play?

Unless something has changed recently, I believe you have to be online to play.

- Is there a mass dismantle system in game?

Yes

- Is there an item protection system in game, such as item locking?

No.

- Will players be able to mod/hack their saves etc?

Alls saves are server side, so this shouldn't be theoretically possible.
 

CROSSPLAY/MULTIPLAYER

 

- Can I turn crossplay off?

Yes

- Is there a social hub?

There are hubs in game. However they will only be accessed by yourself and those within your matchmaking party.

-How does joining a friend work?

The game operates on a host based system. You join and play in the hosts world. Host migration systems should be in place if the host dc's. You can join any friend at any point once the prologue is complete.

- How does scaling work when I join a friend?

As you are in the hosts game, you play at the level and world tier setting they are at. So you will either feel OP or under geared if you join low/high level friends retrospectively. See more here

- How does loot work in a friends game?

Loot is instance based for each player. Loot drops depending on enemy level, which is in turn based on world tier. So if you are joining friends playing on substantially lower or higher world tiers. Loot drops in essence won't be much use to you.

- How will I invite cross play friends?

They have said they will utilise a friend code system.

- Is there a cross save system?

Only between similar systems - eg Xbox one to Xbox series x, or PS4 to PS5. You will not be able to cross save between platforms, eg from Xbox to PC, or Xbox to PS.
submitted by b4rn5ey to outriders [link] [comments]

After completing the game on PC here is my overly detailed constructive criticism of Cyberpunk 2077

Let me preface this by saying that I loved Cyberpunk 2077. It had an amazing story, incredible characters and has been the only game I've played in a long time that had me struggling to sleep because of that "just one more mission" feeling.
I played the game on a mid range PC, my GPU is pretty good (RTX 3060ti) and my resolution is 1920x1080. My settings were mostly ultra with medium ray tracing and cascading shadows turned down to medium. I experienced one crash in 60 hours play time, and it was partly my fault for spamming dialogue options too quickly during a fairly graphics heavy scene. My frames mostly sat at around 60-80FPS, the game looks fantastic and I had a blast playing it.
The following is my thoughts on the game and its subsystems, it's a long, rambling effort to show some of Cyberpunk 2077's issues, with some solutions I think could work to help the game mature into its best form. Each section is titled and has an opening paragraph/sentence and then lists a few key points of problems I noticed in my play through. Some of these points are known issues but many of them are things which haven't been discussed due to the poor way the game has been received since launch. BTW I kept it spoiler free, so no need to worry!

NPCs

Generally speaking, the NPCs who crowd the streets are serviceable at best, downright horrible at worst. They seem to have nearly no original dialogue outside of a few set NPCs and combined with the T-posing, synchronized crouching around danger and general blandness, they make the city feel somewhat hollow at times. I have to admit that NPCs and their reactions have given me some hilarious moments of game play, but it came at the cost of immersion. I feel like this may be an area of the game that may never achieve the level of detail players were hoping for, but it can definitely be improved.

Wanted System & Police

There is no way around this one, the wanted system is absolutely horrible. Police appear behind you no matter where you are, as soon as you break a law or just look at them the wrong way. Then if you run away they simply forget you exist.

Customization

For a game which was lauded to be the king of customization in modern RPGs, the options to actually customize your character are really not that great. Clothing is tied to armor, so if you want to be powerful you either run mods to up your armor stat, or look like you've just raided the lost and found at the nearest homeless shelter. The character creation process is quite good, but still loses out to many, many games made in the past decade as it only has preset options for body features which ultimately limit the possible characters you can create with the system. Weapons aren't able to be shaded, or add skins to. Vehicles and apartments are static and can't be changed. The list goes on and on...

Story

I will be brief in this section because I personally don't have much of a problem with the story. It was mostly well crafted and the characters who we meet along the way are memorable and interesting. The Panam quest was a personal favorite, and my new favorite in-game romance.

Crafting and Upgrading

Crafting and Upgrading items is quite oddly implemented in this game, and I do not like the way it has been handled. Crafting is tied to finding blueprints/schematics and then also the ability to craft certain items is limited to the player having unlocked the necessary skill perk to craft items of high rarity. Both upgrading and crafting suffers from needing obscene amounts of materials to make/upgrade weapons and armor.
The last thing I will say about upgrading and crafting is that the core game-loop of grinding materials should be rewarding when you upgrade or can afford to craft. As it exists currently it feels like both my build suffers because of the perks I lose just to be able to craft, and that upgrading is a huge grind which gets harder each time I do it.

Skills, Perks and Mods

The skill system is actually surprisingly good in my opinion. In fact it's a little too good at times. My main game when I'm not playing single player games is Destiny 2, so I come from a mind state that if anything is too broken eventually the devs will take it away from the players. Cyberpunk definitely falls into what I've heard referred to by the D2 devs at Bungie as power-fantasy.
It's actually easy to become basically impossible to kill in this game. For most of my first play through I ran a sniper, revolver and sword. My sniper let me clear entire encounters without ever taking damage, my revolver could be used in stealth mode to one shot everything whilst crouching and my sword would slice anything down that came close to me. My current build is using gorilla arms with 1800 armor stat. I can pretty much just let enemies shoot at me and take 1-2 damage from each hit while I do damage in the 1000s with each punch. I've seen builds of all kinds which are so far beyond broken it actually ridiculous, but it has been really fun to experiment with and has made the game more re-playable for me personally. I'd hate to see builds nerfed in this game. I only really have one suggestion here.

Inventory

So one of my biggest issues with the UI is the inventory system. It is over complicated and hard to navigate with how often it needs to be used. Despite that I don't have a lot of suggestions as I'm sure it will be refined as the game matures much the same way TW3 did.

Driving & Vehicles

I think the driving systems in game have been a bad point for a lot of players, problems with the AI, FPS drops, Pop-in textures and LOD render distances just to name a few. I feel it's important to understand that this game is not GTAV, and may not have ever wanted to be. Of course it is possible that the devs wanted to match the level of detail achieved by Rockstar in GTA, and just couldn't execute it due to time constraints, or they simply just didn't know how to. Another option is that driving in CP2077 is simply a mode of transport, they wanted it to look good while you drive through the city at high speed (which it does), but didn't really hope to achieve GTAV level of details in their road system. If we think of Roach (the only "vehicle" in TW3) and the places he ended up, it's not hard to think of why the driving system in CP2077 is lackluster. Never-the-less here are some things I feel that could be improved on.
- FPS drops while driving should be improved.
- Traffic should react to situations (blocking their path for example should elicit a response).
- Traffic systems should at least try to make sense, as of now the roads at midnight in the desert appear as rush hour traffic at a distance, green lights appear as soon as you get close to them and other cars/NPC drivers generally have almost no ability to do anything besides follow a path.
- Vehicles are expensive, some customization options would be nice (Paint, Rims, Head/Tail lights)
- Mini map should zoom out when you are driving to allow player to see upcoming turns for GPS paths.
- Pop-in and LOD should be completely reworked. Seeing 2D models when scoping a road far away is a necessary trick to use in game development, but for a city as well designed as this, it is beyond immersion breaking to see how it's being handled in real time, sometimes right in front of your face. If you are on the street and look down the road you can see cars spawning and de-spawning without ever actually approaching you. I get that time was strained before release but I really hope they can fix this.
Well there you have it, that is everything I wanted to get out about my feelings on the state of Cyberpunk 2077. if you stuck along till the end, thank you for reading. Feel free to drop a comment and discuss the game, that's why I'm here.
submitted by v3dr to cyberpunkgame [link] [comments]

40 Upcoming Indie/AA Games

With so many games releasing nowadays, I think it's easy for the good ones to get lost in the shuffle. I'm going to list 20 highly anticipated Indie/AA games. I'm sure there's many great ones I'll probably miss (like I said, there's so many it's hard to keep track sometimes), so please let me know what other ones I should look out for. I’m going to order them by release date. If the game does not have a tangible release date, I’ll place it in the list based on what I think is more likely to come out first, based on marketing material and release date delays.
1. Cyber Shadow
2. TOHU
3. Little Nightmares II
4. Taxi Chaos
5. Rangok Skies
6. It Takes Two
7. Balan Wonderworld
8. Garlic
9. King’s Bounty II
10. Clive ‘N’ Wrench
11. Turnip Boy Commits Tax Evasion
12. Knight Squad 2
13. Hell Pie
14. Iron Meat
15. There Is No Light
16. 30XX
17. Scorn
18. Windjammers 2
19. Hollow Knight Silksong
20. Psychonauts 2
21. Coromon
22. Solar Ash Kingdom
23. No Place for Bravery
24. Bushiden
25. Hazel Sky
26. Gestalt: Steam & Cinder
27. Jack Move
28. Heavenly Bodies
29. Cuphead: The Delicious Last Course
30. Brave Earth: Prologue
31. Hazelnut Bastille & Dawnthorn
32. Freedom Planet 2
33. Acid Knife
34. Cassette Beasts
35. Tale of Ronin
36. OddBallers
37. Spark the Electric Jester 3
38. Samurai Gunn 2
39. Witchbrook
40. Witchfire
What are some other upcoming indie/AA games you’re looking forward to?
If you’re looking for more indie games to play, see my post here:
submitted by Underwhere_Overthere to pcgaming [link] [comments]

2021 Beginners MegaThread

Hello There!

My name is u/houseofcards32 and welcome to airsoft! This thread was created to help beginners and newer players out there. I hope you will get something out of this post, as it contains almost every bit of information you need to get started. This thread gets updated every year with new information and sections, so assume the 2019/2020 guides are out of date. This thread will be automatically updated on January 1st, 2022. At the bottom of this thread will include all of the guides I have created so far, if you are looking for something that is not in here, I would look there first.

This thread also has a video for each section created by me. Don't want to read the massive wall of text that follows? No worries! Sit back and watch the short 1-3 minute videos on the topic.
Consider liking and subscribing to my youtube channel, cards32 , as I don't make money off of these, but I do make it for beginners/newcomers benefit. Under each section will be a video for that specific section.
How to start airsoft in 2020
Battery Guide (LiPo vs nImh)
Stick with an M4/AK if you are an airsoft beginner
Lancer Tactical is bad
2021 Beginner Thread video playlist (in order)

Are you looking to start airsoft? Do you need information about the basics? Well look no further! This guide will have 15 sections:

  1. Basic Information
  2. How much does airsoft cost?
  3. The best beginner rifles (AK/M4 variants) for $100-250
  4. Things to generally avoid when playing
  5. What should you bring to your first airsoft game
  6. What weight bb should I be using?
  7. Can I start airsoft as a sniper?
  8. What eyepro/lower face projection should I invest in?
  9. What is a "MED"?
  10. What is a GBBR?
  11. The Search bar
  12. Orange tips and their legality
  13. Airsoft youtubers
  14. MSW (MilSim West)
  15. What are some cheap gear brands to get as a beginner?
  16. Lancer Tactical
  17. What airsoft shops should I buy from?
  18. Don't go out and spend $1000 before playing
  19. Comparing paintball and airsoft is like comparing apples to oranges
  20. What are the most common gearboxes?
  21. Other guides that may be useful

Section 1: Basic Information
Video link

Your first airsoft guns is one of the most important purchases you will make while playing airsoft. As your first gun, it should be reliable, affordable, versatile, easy to work on (V2/V3), high performance, and compatible with as many upgrades and accessories as possible. This means buying and AEG, or Automatic electric gun or Sub-Machine gun (also known as an SMG). Forget about buying sniper rifles, pistols, gas guns, and other exotic airsoft guns until you have more experience, money, and at least one backup weapon.
To play airsoft it is HIGHLY recommended that you have the following items:

All airsoft AEG's come with a magazine out of the box (sometimes a mid cap), but is highly recommended that you have 2-3 of these while you are playing. Eye protection is the most important thing in airsoft. All airsoft fields/sites require you to wear goggles/masks while playing. For more information check section 8.

Section 2: How much does airsoft cost?
Video link

Although airsoft is markedly cheaper than other shooting sports, it's still an expensive hobby. Site fees vary greatly but will typically exceed $25 for a day's play. It is reasonably common to spend in excess of $400 buying, upgrading and accessorizing a single airsoft gun. Gear and clothing can be similarly expensive. It is possible to play airsoft very successfully with just basic equipment, but even the cheapest possible equipment required to play airsoft safely will still cost you a minimum of $100. If you want a competitive advantage, or to play more advanced simulation games, you should expect significant additional expenditure.
It is common for users to approach airsoft with unrealistically low budgets. If you have less than $100-150 to spend, you are not realistically in a position to play airsoft. We will not compromise your safety by recommending you skimp on personal protective equipment. We refuse to recommend Low Power Electric Guns ('LPAEGs'), spring pistols and other ultra-low-budget airsoft guns because their performance is so poor, and their life expectancy so short, that they represent a false economy. You may still be able to afford to rent gear at an organized airsoft site, but not for more than a handful of games at most.
FAQs:
1. ⁠I think I can afford to play. What's the next step?
If you haven't already,read the rest of this guide.
2. Why are you lying to me? I can easily find airsoft guns that cost less than $100.
In airsoft, as in most aspects of life, there is a minimum price below which a product cannot be made fit for purpose. It is possible to buy something approximately gun-shaped for less than $100. Do not confuse this with the ability to buy a gun that will be sufficiently powerful, reliable and long-lived enough to play airsoft with. LPEGs, spring pistols and ultra-low-budget airsoft guns are utterly inadequate for airsoft play and will break rapidly, at which point you will be back to having no gun and will also have lost whatever you spent. In addition, you still need to buy suitable Personal Protective Equipment ('PPE'), which is an absolute prerequisite of play and not free. THE ONLY EXCEPTION to this rule is spring shotguns. The tri-Shot ones. They shoot anywhere from 3-6 bb’s at a time and most shells hold about 30 rounds. These shotguns are only optimal for CQB arenas and highly urban fields. They have extremely limited range so keep that in mind.

3. The best beginner rifles (AK/M4 variants) for $100-250
Video link

To get into the hobby of airsoft, you will need to have a decent budget. Most beginneintermediate guns cost anywhere from $100-250, but that cost does not include bb's, magazines, batteries, and a charger. Some guns come with a wall charger and a battery, but most users (including myself) recommend throwing the wall chargers away. This is simply because the wall chargers are normally very low quality. Most players recommend starting airsoft with an M4 or AK style variant AEG. Please note that Lancer Tactical rifles are NOT included in this guide, please check section 16 for more information on this topic. Note that the current Covid-19 pandemic is still ongoing, so things might read out of stock on the websites listed. I would check other websites if the items listed are not shown. Commonly recommended choices are:

4. Things to generally avoid when playing
Video link

Airsoft is an honor sport, when you get hit, raise your hand high and display your dead rag. Also yell “HIT” as loud as you can so the other player who is shooting you knows that you are dead. Not displaying your dead rag can lead to being shot more than you want to. Calling someone else’s hits are normally frowned upon as you’re going to cause problems on the field and airsoft drama is not worth it. If someone is suspected of cheating, call a ref/marshal over to observe the player. When you are in the field/game area, DO NOT TAKE OFF YOUR EYEPRO!! EYEPRO is the #1 important thing in airsoft. If a bb hits your eye, you more than likely will be blind. Keep your EYEPRO on at all times while in the field. If you are fogging up, walk off the field. Avoid overshooting other players, once you see a dead rag or a red rag come up, or hear “HIT” stop shooting them. Dead men tell no tales! If you are dead, and a teammate asks where you got shot from, simply say: “dead men don’t talk” and walk back to your respawn.

5. What should you bring to your first airsoft game
Video link

So you’ve finally bought your gun and gear and you’re heading out to your first game. As mentioned previously, you want to make sure you come prepared. As well as your AEG, you want to make sure your batteries are charged and you brought an extra magazine or two. You also want to bring WATER! Staying hydrated is one of the most important things you need to do in airsoft. Being dehydrated will ruin your day and cause problems for you. Also make sure to have a good amount of bb’s for the day. it is highly advised that you wear boots while playing, running shoes can get dirty easily and there will be mud somewhere on the field that you will end up stepping on and getting wet. An extra pair of socks is also a good idea!

  1. What weight bb should I be using?
Video link

This question is very common with a lot of newer players. LPAEG’s (Löw powered Airsoft guns) and Walmart airsoft guns use .12 gram bb’s. DO NOT RUN THESE IN AN AEG! This bb’s are cheap and will break the internals of your rifle. You don’t want to throw your money away do you? I didn’t think so. The lowest weight you can use in your replica is .20 gram bb’s. There are a lot of brands out there for bb’s: Elite Force, BLS,, HPA, KWA and so on. All of them are good brands to buy from. If you are planning on playing indoor, most users will recommend .2-.28 bb’s for the best range and efficiency. If you are planning on playing outdoor, using .28’s and higher is optimal for the best range. Just keep this in mind: the heavier weight, the slower the bb travels.

  1. Can I start airsoft as a sniper?
Video link

It's not recommended no. You can do whatever you want, but sniping is not beginner friendly. Sniping is an expensive virtue and will take a lot of money and time for you to get a rifle that shoots far. Buying a stock sniper will mean you have to put money and parts into it, as the only “good” stock sniper rifle is the SSG24, and the Silverback SRS. The popular airsoft youtuber, Novritsch, has made sniping extremely popular with noobs as he shows a lot of action and gameplay with his guns. Keep in mind that being a sniper is not all action and takes patience and time. His videos are short for a reason. You do the math.

  1. What eyepro/lower face projection should I invest in?
Video link

Eyepro is the most important thing in airsoft. Airsoft is a sport that requires you to have eye protection on at all times while on the field. Lower face protection is required for most players under the age of 18 in most American fields. Anyone over the age of 18 can normally just get away with goggles, but you don't want to have to go to the dentist do you? Didn't think so. There are different types of eye protection for airsoft, ranging from basic shooting goggles, to face masks that protect your face. There are a lot of different goggles and masks out there, but here are some of the most populamost recommended items. Any eye protection you use MUST BE ANSI 787.1+, otherwise you cannot use them! DO NOT USE MESK EYE PROTECTION UNDER ANY CIRCUMSTANCES! They are not anzi rated, and their have been hundreds of cases where someone will shoot someone with mesk eye pro, and the bb will explore on the outside of the google, allowing the bb fragments to get inside an eye.

9. What is a "MED"?
Video link

If you’ve played airsoft before or are just hearing about this for the first time, a “MED” or minimum engagement distance is utilized in airsoft. Most airsoft guns have semi, and fully automatic. Most fields in the US, do NOT allow full auto within 40-50 feet. Imagine coming around a corner and getting shot with 10 bb’s because the person around the corner didn’t switch to semi. This isn’t Call of Duty, spraying your bb’s all over the place will achieve very little, if not anything. When you get closer than 40-50 feet, switch your AEG to semi. Airsoft, for the most part doesn’t hurt, but getting shot 10-20 times in a row certainly will. Don’t be that guy who full autos people from 10 feet away! It’s being an asshat, and will probably get you kicked out!

  1. What is a GBBR?
Video link

GBBR(Gas Blow-Back Rifles) are the hyper-realistic guns. If you have a larger budget and would like a more realistic experience these are the guns for you. Not usually recommended as starter guns because of the cost of gas and accessories, but not to be entirely ruled out for a select group of people. These guns require maintenance, but most would consider the work to be put to the background in the face of the utter satisfaction of using one of these guns. Check out GasBlowBack for more information on this topic.

11. The Search Bar
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The search bar is a tool that is at the top of this sub that is used to search for a post or topic. This feature is not used by any beginners as they will probably ignore this guide and ask the question anyways. Most questions have been asked before and you will find your answer. To use the search bar:
A. Open reddit
B. Click on airsoft
C. Using your eyeballs, look at the top of your screen
D. Using your fingers, type in whatever you are looking for (I.E BEST BEGINNER SETUP)
E. Using your eyeballs, look at the results
F. Realize that most people will just ignore this guide and continue asking the same questions every single day.
G. Profit!

  1. Orange tips and their legality
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Orange tips are required for retailers, but you are more than welcome to take them off after you receive your airsoft gun. Just note by doing so you will void your warranty. Also please do not take your airsoft gun out in public and follow basic gun safety. Please check your local state/county rules before doing this though. Note that random strangers on the internet will NOT know your local rules, so I cannot empathize this enough.

  1. Airsoft youtubers
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A lot of users will watch certain youtubers and get a impression of the hobby that does not exist. Remember: Their job is to get views and entertain you, they cut out the parts that are boring. Clickbait content is what most beginners watch and please note that cheaters in airsoft are not as common at they make them to be. If you are interesting in learning more about clickbait, I made a video breaking down airsoft clickbait on youtube. There is of course great content creators out there that don't just make clickbait and I implore you to go look for them.

14.MSW (MilSim West)
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MSW is considered the only "true" Milsim in the US. Interesting in going? Read the Tacsop.

  1. What are some cheap gear brands to get as a beginner?
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It is also pretty common for airsofters to think they need to spend a bunch of money on super expensive gear to get started. This couldn't be farther from the truth. Good gear does not equal skill (BY ITSELF), and while having good gear CAN help you play, it won't make you a special operator by itself. Most users are on a budget anyways, and investing in cheap chest rigs is a great option to stay within your budget. Note that most of these recommendations will be chest rigs, simply because of the price and functionally of them. Condor is one of the most budget friendly airsoft gear brands out there, as they will be on this list a bunch. NOTE: THE CHEAP CROSS DRAW VESTS ARE NOT INCLUDED ON THIS LIST SIMPLY BECAUSE FOR THE MOST PART, THEY SUCK. Some good budget options ($0-100) would be:

  1. Lancer Tactical
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So Lancer Tactical is not on this guide for a multitude of reasons. For starters, in 2017, their CEO was arrested at shot show under the pretenses of producing non-anzi rated goggles and advertising as such. They were producing goggles that were direct copies of Revision, and lied about their goggles being rated for airsoft. But the primary reason as to why they are not recommended is that their quality control is fucking horrendous. Lancer has created 2 "generations" of guns, with the 2nd generation "having a different oem" meaning that they were magically fixed. Spoiler alert, the QC is still garbage and even their "prolines" having terrible QC, with Reventian having to be SENT 3 for a review, and his 3rd one died. But if you don't believe me on the QC part, check out a compilation of lancer's breaking in the past year.

  1. What airsoft shops should I buy from?
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Recommended US-Based Retailers
Infantryshopusa
Airsoft GI
Evike
Amped Airsoft
Airsoft Extreme
Airsoft Atlanta
Trinity Airsoft
Gas Blowback Central
JustAirsoftAmmo
InfantryShop
Canada based Retailers
Alberta
007 Airsoft
Badlands Paintball
B2 Airsoft
Buy Airsoft
Capital Airsoft/Force on Force Tactical
Comex Hobby
PM Hobbycraft
British Columbia
Badlands Paintball
Camouflage
Milsig
Phoenix Tactical
Trigger Airsoft
Viper Action-Air Innovations
Manitoba
Badlands Paintball
TBD Airsoft
Xtreme Tactics
Newfoundland
Frontline Paintball
Nova Scotia
Venture Airsoft
Scotia Arms Airsoft
Ontario
Action Air Canada
Airsoft Depot
Badlands Paintball
Blackbiltz Airsoft
Canada Wide Airsoft -No Website.
Challenger Airsoft/My Airsoft -No Website. FB Seems inactive.
Chigun Hobby Store
Daymark WindsoSOAR Hobby
DMZ Airsoft & Paintball
Flagswipe Paintball
Forest City Surplus
Gear Up Airsoft
Hero Outdoors
High Percision Airsoft
Infinity Arms
JS Airsoft
JT Military Surplus -No website.
Maier Action Games
Maple Airsoft Supply
Niagara Quatermaster
Nick Sports Shop & Central Surplus
Platinum Paintball -No Website.
Rapidfire Airsoft -No Website
Toronto Airsoft
Ultimate Airsoft
Prince Edward Island
Andy's Airsoft
Quebec
Aventure Airsoft Lanaudiere
Divison XP
Fighter System
Headshot Airsoft -No Website
Tactical Center
Taktik Airsoft
Saskatchewan
SackSoft Armoury
Online ONLY
Airsoft Parts Canada
Ultimate Airsoft
Replica Airguns
Upper Canada Tactical
Western Canadian Airsoft Supply

Asian-Based Retailers
Redwolf Airsoft
eHobby Asia
ebAirsoft
WGC Shop
Echigoya - Japanese shop, best source for TM guns

UK Retailers
Zero One
Action Hobbies
Airsoft World
Land Warrior
Fire Support
Wolf Armouries
JD Airsoft
Combat South
Dave's Custom Airsoft
Bespoke Airsoft
Skirmshop
Patrolbase

  1. Don't go out and spend $1000 before playing
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It is also very common for users to approach airsoft with spending a bunch of money. Please don't do this. It is always recommended to rent before playing. After renting, don't go out and buy a shit ton of geaguns. Stay cheap, and don't go all out. Regardless of what you have seen on youtube, having the best gear does not make you the best player. How stupid would you look if you went out and bought a brand new Umbrella Armory and full Crye's if you don't like the hobby? Simply put, don't go out and buy expensive gear, like said above, stay cheap and go out to have fun.

  1. Comparing paintball and airsoft is like comparing apples to oranges
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Comparing paintball to airsoft would be like comparing apples to oranges. They are two completely different hobbies that are very different. Paintball uses balls of paint that cannot go farther than normally 50-60 feet, whilst airsoft uses more realistic looking markers that can go much farther. If you are a paintballer, no problem, just don't come in here and try to compare the two :)

  1. What are the most common gearboxes?
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The V2 and V3 mechboxes are the most common gearboxes found in M4/AK series AEG'S. If you are more interesting in learning about the V2 gearbox, check out the V2 gearbox guide. V2 gearboxes are found in most M4 series AEG's, while V3'S are found in AK series rifles. The MP5 often uses a modified V2/V3 gearbox, it all depends on the brand. The Airsoft Tech is a great resource if you are looking to expand your knowledge. Negative Airsoft is also another great resource, consider checking him out here.

  1. Other guides that may be useful

Changelog:
5/30/19-Fixed Formatting and added suggested eyepro section
6/1/19-small typos fixed and section about MED’s added
12/7/19- reposted for Christmas influx of new gun posts
12/7/19- added section on GBBGBB’s.
12/9/19- added section on searchbar and typos
12/27/19- added how the older guay guay are outdated
1/1/2020- post was unpinned so new thread is made.
1/1/2020- updated part about specna
1/19/2020 - orange tip section added
5/16/2020- removed specna cores from the Recommended list of guns due to bad QC
7/22/2020- reposting thread with more updated links as well as adding E and C to the recommended section
7/22/2020- added sections 13 and 14
7/22/2020- Videos added for each section
7/22/2020 - Added more options for eyepro
7/22/2020 -Fixed AMP AMP AMP issue
12/25/2020 - Added 5 new sections
12/28/2020 - Removed G1 CM"s from the recommended M4's.
12/29/2020 - Added new beginner guns to recommended section
12/30/2020 -Fixed spelling errors and guide overhaul
1/1/2020 - Guide re-published
submitted by Houseofcards32 to airsoft [link] [comments]

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