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Forums - Nintendo Discussion - NINTENDO stock -34% since March 2018

Up 1.5% today , biggest rise since April. Panic over.



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Official English translation:

"Our sales targets for Nintendo Switch hardware and software during this fiscal year will not be an easy challenge to meet, but we are putting all of our efforts into doing just that. If you look at our software lineup for the fiscal year that we showed at E3, you can see a relative trend that the titles that resonate most with consumers are concentrated toward the latter half. That is why I think the way Nintendo Switch hardware sells during this fiscal year will be slightly different from in the last. A simple comparison of hardware units sold during the first quarter of this fiscal year might not look as good as the units sold during this period in the prior fiscal year. However, this is something we expected, so this shift is well within expectations when looking at our software lineup for the entire fiscal year".

https://www.nintendo.co.jp/ir/pdf/2018/qa1806e.pdf

Last edited by Miyamotoo - on 09 July 2018

markodeniro said:
Up 1.5% today , biggest rise since April. Panic over.

 

Up 3.67% in Frankfurt today:



KLAMarine said:
Tmfwang said:

Yes, there was a thread here asking how to buy nintendo stock, and I told him not to because I predicted it would go down a lot.

Care to find this thread?

I hope @Helloplite didn't buy any of them Nintendo-stocks:

http://gamrconnect.vgchartz.com/thread.php?id=236308&page=1



Predicted 15+ million lifetime-sales for God of War:

http://gamrconnect.vgchartz.com/thread.php?id=234612&page=1

Nowadays investing=speculating so nobody cares.
I guess some big players cash out street investors, as usual.



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Tmfwang said:
KLAMarine said:

Care to find this thread?

I hope @Helloplite didn't buy any of them Nintendo-stocks:

http://gamrconnect.vgchartz.com/thread.php?id=236308&page=1

Sounds like he was buying when it was low. Not a bad strategy.



KLAMarine said:
Tmfwang said:

I hope @Helloplite didn't buy any of them Nintendo-stocks:

http://gamrconnect.vgchartz.com/thread.php?id=236308&page=1

Sounds like he was buying when it was low. Not a bad strategy.

On May 25 (when the thread was made) NTDOY closed at 48.24.

Currently NTDOY is at 39.75

https://www.nasdaq.com/symbol/ntdoy/historical



Megiddo said:
KLAMarine said:

Sounds like he was buying when it was low. Not a bad strategy.

On May 25 (when the thread was made) NTDOY closed at 48.24.

Currently NTDOY is at 39.75

https://www.nasdaq.com/symbol/ntdoy/historical

So timing was off.



KLAMarine said:
Tmfwang said:

I hope @Helloplite didn't buy any of them Nintendo-stocks:

http://gamrconnect.vgchartz.com/thread.php?id=236308&page=1

Sounds like he was buying when it was low. Not a bad strategy.

It wasn’t low. It was the highest it had been in 10 years.



Predicted 15+ million lifetime-sales for God of War:

http://gamrconnect.vgchartz.com/thread.php?id=234612&page=1

Tmfwang said:
KLAMarine said:

Sounds like he was buying when it was low. Not a bad strategy.

It wasn’t low. It was the highest it had been in 10 years.

Oh, indeed it was. My mistake.

Someone should tell Helloplite to buy when low, not when high.