, CIO of Quantum Trading Strategies and author of The TechStrat Report, told Benzinga that 2011 and 2012 were GameStop's "last two bad years." Since then the retailer has been "charging ahead." "[There was this belief that] buying games online…or mobile devices were gonna be the ruination of GameStop," said Udall. "That didn't really happen. There's been no end to console gaming." Udall said that by outlasting all of its competitors, GameStop is "almost like a semiconductor company." "By the time the industry turns and they're the last man standing, they've got the industry to themselves," Udall added. "GameStop sort of survives in the space, toughed it out. They did make some changes (got rid of some non-performing assets), but they did a good job of staying in places with foot traffic. Every place I've ever lived, the [local] GameStop is busy." Udall encounters a familiar scenario whenever he walks into a GameStop: lines of customers. "You go into GameStop at 2:00 p.m. on a Wednesday and you wouldn't think there'd be any people in the store, and there's people in the store!" said Udall. "It's not like they're ever empty." Disclosure: