http://alwaysnintendo.com/nintendo-stocks-seem-stabilized/
I said in a thread somewhere that I would buy a bunch when they dropped if I could. They called me foolish. I coulda been rollin in dough! Oh well.
Underrated youtube channel https://www.youtube.com/channel/UCjfV8aKrUfC0wwtCypieUUA
| Ocilayton said: http://alwaysnintendo.com/nintendo-stocks-seem-stabilized/ I said in a thread somewhere that I would buy a bunch when they dropped if I could. They called me foolish. I coulda been rollin in dough! Oh well. |
allways happens people don't pay attention get scared and react foolishly
"I think people should define the word crap" - Kirby007
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kowenicki said:
|
it was a pretty good point to get in fresh
"I think people should define the word crap" - Kirby007
Join the Prediction League http://www.vgchartz.com/predictions
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erm no...
Its currently at 13850 JPY, exactly 2 weeks ago on the 9th, it was 15420.
http://www.bloomberg.com/quote/7974:JP
I think by stabalized he means its not falling anymore. It went up yesterday.... but has fallen a bit again today.
| kowenicki said: No... its gone up slightly to where it was 2 weeks ago. You'd have made bugger all actually. |
What is the source of your graph?
When I look at Nintendo (NTDOY) on google finance, it seems they already regained a lot from the big decline and it's still going up.
Before the decline it was at 18, now it's at 16.7 after a drop to 14.9
kowenicki said:
I expect it to drop further when proper results are released. Its not a good stock to buy now... far too much uncertainty. |
Probably but the market has had the initial shock now, it probably will dip with the next results, but I feel they won't let the bad trend they are in continue too long
"I think people should define the word crap" - Kirby007
Join the Prediction League http://www.vgchartz.com/predictions
Instead of seeking to convince others, we can be open to changing our own minds, and seek out information that contradicts our own steadfast point of view. Maybe it’ll turn out that those who disagree with you actually have a solid grasp of the facts. There’s a slight possibility that, after all, you’re the one who’s wrong.
What gets me is that there was all that doom-and-gloom about Nintendo based on that stock drop... but here's a fun fact: at its lowest point just after the revision, it only dropped to about 14.533 (using Google's financial tracker), whereas at the end of October it was 14.01, and it got below 13.5 in September. Indeed, the last time it was as high as it was just before the drop was back in the first half of 2012.
I was actually going to tell people, just after it dropped, to give it a couple of days, and watch how the market reacts, precisely because I expected something like this to happen. Those who divest do so because they see "Nintendo not doing great"... yet investment isn't about current circumstances but future circumstances; no sane investor would decide that Nintendo's about to die based on this one adjustment. And so, the price rose again. Indeed, I wouldn't be surprised if it continues to rise over the next few days.
Keep in mind that the return may simply be based on Iwata's remarks about Nintendo looking into "other things" and talking about smartphones.
That's all investors want to hear right now. You say smartphone and their stock will shoot up.....sadly. Say something that truly matters and investors won't grasp it at all.
The rEVOLution is not being televised
kowenicki said:
"let" That assumes they can do something about it easily. I'm not sure they can |
Well it starts with having lower for(e?)casts for the FY, higher software sales due to a few big bombs hitting this year.
And who knows maybe a new redesign for the 3DS which goes for full price! there are quite some possibilities
"I think people should define the word crap" - Kirby007
Join the Prediction League http://www.vgchartz.com/predictions
Instead of seeking to convince others, we can be open to changing our own minds, and seek out information that contradicts our own steadfast point of view. Maybe it’ll turn out that those who disagree with you actually have a solid grasp of the facts. There’s a slight possibility that, after all, you’re the one who’s wrong.
| Aielyn said: I was actually going to tell people, just after it dropped, to give it a couple of days, and watch how the market reacts, precisely because I expected something like this to happen. |
You must be using the time machine too!!!!
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