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

spurgeonryan said:
My store has been dead for sales for a while now. It was only until this past month when game releases started picking up that we saw a large pick up in interest. Go figure. People do not want one or two games a month. You have to keep the games coming and after the great job they did last year they let the momentum die down. Still had sales, but the momentum was obviously dying.

Well NPD and Japan numbers tells us difrent story, in US Switch is selling similar to last year while in Japan sales this years are up compared to last year.



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spurgeonryan said:
My store has been dead for sales for a while now. It was only until this past month when game releases started picking up that we saw a large pick up in interest. Go figure. People do not want one or two games a month. You have to keep the games coming and after the great job they did last year they let the momentum die down. Still had sales, but the momentum was obviously dying.

How bad was it for Switch hardware (like are we talking about second year Wii U levels, 3DS levels, PS4 levels) ? Have things somewhat recovered now since E3?



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

Up 3.67% in Frankfurt today:

Now at €306.80 in Germany... not my worst decision to buy a few shares for €270 early July.



Looking at its performance on Nikkei, after a harsh drop on the 16th of this month it has moved upwards. Still quite a bit below its highs of a few months ago but at least it's improving.



I was down a few hundred dollars but now I'm only down a hundred or so from my stock purchase price. I'll sit on it till it goes back to 60. I believe it hit a high around 58 and then started downward trend. E3 didn't help and then a week or so after E3 some douche took out a big short position on Nintendo stock when it was in the low 40s (NTDOY OTC). Well that idiot should have taken his short position when it was in the high 50s because he succeeded in driving the stock to a 52 week low of high 30 range but now its moving past his short position and he is just going to have to wait for a couple years to even cash in.

Basically most investors are idiots and panic with the slightest news.  I'm sure Nintendo will be rolling in the money this holiday season and will have a nice report coming out early next year to drive the stock in the 60 range. 



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Is stock investing much different from gambling?



SpokenTruth said:
KLAMarine said:
Is stock investing much different from gambling?

On a private individual level, not really.  Same basic premise.  You pay money in hopes you get more money back.  You don't do any work to achieve the gains.

It used to be that you bought stock in a company to have a voice in said company.  Now it's just legalized gambling with trillions (literally) on the line.

I'll take your word for it. I just put all my money in a savings account when it comes time to 'invest'.



KLAMarine said:
Is stock investing much different from gambling?

Very much different.  There are a lot of extremely low risk methods that you can increase your money. 



KLAMarine said:
SpokenTruth said:

On a private individual level, not really.  Same basic premise.  You pay money in hopes you get more money back.  You don't do any work to achieve the gains.

It used to be that you bought stock in a company to have a voice in said company.  Now it's just legalized gambling with trillions (literally) on the line.

I'll take your word for it. I just put all my money in a savings account when it comes time to 'invest'.

And earn a couple of percent interest, you're better off doing what I do, very safe over time, just put your money into a portfolio which invests in lots of stocks, mines in over 100 companies, sure I don't make huge gains but its usually between 10%-15% gain each year



KLAMarine said:
SpokenTruth said:

On a private individual level, not really.  Same basic premise.  You pay money in hopes you get more money back.  You don't do any work to achieve the gains.

It used to be that you bought stock in a company to have a voice in said company.  Now it's just legalized gambling with trillions (literally) on the line.

I'll take your word for it. I just put all my money in a savings account when it comes time to 'invest'.

There are three types of stocks. Income, value, and growth. 

A growth stock is a stock that you hope will go up in price in the future. Growth stocks are the most like gambling. 

An Income stock is a stock that pays out 5% or more on a yearly basis. These stocks are stable, and legitimate investments. They also pay more than savings accounts or CODs. 

A Value stock is a stock that sells low, but should be worth more. Sort of the same as a growth stock, but in reverse. I guess. 

What matters most is that you invest in Income stocks like a sane individual. Don't bother with the other kinds of stock, unless you have some secret knowledge on the industry.