The recent run-up in the market would make it easy to justify selling any stock these days. Yet while panic never helps investors, it's still a good idea to play devil's advocate with our potential investments.

Consider video game developer Electronic Arts (Nasdaq: ERTS). Though the gaming sector holds immense potential, at least a few of the 2,205 Motley Fool CAPS members who've weighed in on the company offer reasons to be bearish.

Here at The Motley Fool, we like to consider both the good and bad sides of an investment. Thus, I'm highlighting three of the main bearish arguments on Electronic Arts today. Be sure to read the bullish side as well, then weigh in with your own comments below, or rate Electronic Arts in CAPS.                                           

1. Further weakness
Although Activision Blizzard (Nasdaq: ATVI) recently lifted its outlook, and GameStop (NYSE: GME) highlighted strength in used games, the good news isn't widespread. Electronic Arts disappointed investors when it announced expectations of weak packaged-goods game sales this year. With a lack of conviction in a turnaround, some investors are still hedging on the gaming sector.                                   

2. Difficult shift
Shanda Games
(Nasdaq: GAME) was quick to capitalize on the trend of increasing casual online gamers in the U.S. by buying Mochi Media. Electronic Arts is trying to shift toward casual games, too. It's growing its presence on Apple's multiple mobile devices and platforms like Facebook, among other strategies. But with a string of quarterly losses, some investors are growing impatient, suspecting that EA may have missed this boat.     

3. Getting outplayed
Shares of Electronic Arts have underperformed higher-rated, four-star gaming peers such as Activision Blizzard and Grand Theft Auto-fueled Take-Two Interactive (Nasdaq: TTWO) over the past year. Even Chinese online gaming company NetEase.com (Nasdaq: NTES) has put on a stronger showing, thanks to World of Warcraft and its focus on the growing Chinese market. Shares of EA have improved in recent months, but some investors still see better opportunities elsewhere.

For details on what CAPS members are saying now about Electronic Arts, just click on over to Motley Fool CAPS and have a look -- or add your own thoughts directly to this story in the comments box below.

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Fool contributor Dave Mock votes three to be the number of the day. He owns no shares of companies mentioned here. NetEase.com and Take-Two are Rule Breakers recommendations. Apple, Activision Blizzard, and Electronic Arts are Stock Advisor picks. Motley Fool Options has recommended a synthetic long position on Activision Blizzard and a write covered calls position on GameStop. The Fool owns shares of Activision Blizzard. The Fool's disclosure policy longs to be a gamer, but its lack of opposable thumbs has thus far been a deal-killer.