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Forums - Nintendo Discussion - Nintendo stock up 11% in the past 2 days. Coincides with Miyamoto stepping down.

RobDX said:
I don't think it has anything to do with miyamoto

Agreed.  Miyamoto has stated this for some time now.



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I really don't know why. There must be something going on that we don't know yet. Today, on the Japanese stock exchange, there has been over 260k of shares traded. Furthermore, Nintendo is not a heavily traded title so I find that very odd.

I haven't sold my stock in Nintendo so I ain't complaining as I am still in the red by less than 5%. I am long NTDOY.



Lol and I get ban for stating what investors knew along



RolStoppable said:
This also coincides with the release of Media Create and Famitsu numbers. Since the Vita still got outsold by the 3DS and doesn't really have any major games in the pipeline, 3DS domination in the coming years seems to be a lock now. Guaranteed income for years to come is a pretty big reason to invest in a video game company.

Yeah I reckon this ^



Metrium said:
When things are bad, changes are usualy seen as being good. When things are good, changes are usualy seen as being bad,

This. the investors aren't responding to Miyamoto. They have no idea who the fuck he is. They're just following the golden rule above.



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Of course everyone is wrong as usual (in terms of relating the stock price to their fundamentals).

The reason the stock is moving is because the Yen cleared 95 to the dollar for the first time in over 3 years and companies who have raised their forecast due to the weak yen are bolting higher because of exceeding those higher estimates.

Also the Japanese economy expanded in the fourth quarter which is also fueling the advance.

Nothing really has changed on the outlook in terms of "3DS domination" and poor vita sales.



@ Train Wreck. So are other Japanese companies similarly up?



Train wreck said:

Of course everyone is wrong as usual (in terms of relating the stock price to their fundamentals).

The reason the stock is moving is because the Yen cleared 95 to the dollar for the first time in over 3 years and companies who have raised their forecast due to the weak yen are bolting higher because of exceeding those higher estimates.

Also the Japanese economy expanded in the fourth quarter which is also fueling the advance.

Nothing really has changed on the outlook in terms of "3DS domination" and poor vita sales.

Up by 5% yesterday in Japan, and up by 6% in Japan today. It is helping, but there is more to it than the above.

On a side note, can't believe I am seeing the yen at 95.



Mazty said:
Investors will be hoping that new devs can draw in a wider audience and produce better results. Frankly I personally don't think it'll make a difference, but stock holders are a fickle bunch (read they have almost no idea how the tech industry works).


And you do?

newwil7l said:
Mazty said:
Investors will be hoping that new devs can draw in a wider audience and produce better results. Frankly I personally don't think it'll make a difference, but stock holders are a fickle bunch (read they have almost no idea how the tech industry works).


And you do?


Yep. Guess what industry I work in? -_-