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That stupid fast reversal in Nintendo stock after Q2 2020 result

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So just for info, here is the impact of Nintendo's last result, I had not believed a single second that this could happen this way.

All the lost ground lately just recovered in 2 sessions.

Last edited by Amnesia - on 04 November 2019

Current PB on Secret of Mana remake : 2h27 (2nd)
Strongest worldwide achievement on TGM : 1st European S13 rank
Fastest TI MASTER in Europe : rank Master V in 5min10
Current PB on Power Ranger (Game Gear) : 10min06 (World Record)

Non-geek activity : ThermalHungary

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This is not a suggestion to invest anyway... They are already high, and I believe that Nintendo will never reach the numbers of the Wii/DS era,
but it seems to me that their aura is still today at the highest level they ever reached.



Current PB on Secret of Mana remake : 2h27 (2nd)
Strongest worldwide achievement on TGM : 1st European S13 rank
Fastest TI MASTER in Europe : rank Master V in 5min10
Current PB on Power Ranger (Game Gear) : 10min06 (World Record)

Non-geek activity : ThermalHungary

Wow. Some investors really jumped the gun selling their stock before the results were revealed.



Mr.GameCrazy said:
Wow. Some investors really jumped the gun selling their stock before the results were revealed.

Yes, and amplified by those who bet on this to make a bonus with a short term sell-buy...Precisely what I wanted to do, but because of a lack of confidence, I prefered to keep my shares to wait and see. I feel better now lol. I was a little bit afraid for a moment.



Current PB on Secret of Mana remake : 2h27 (2nd)
Strongest worldwide achievement on TGM : 1st European S13 rank
Fastest TI MASTER in Europe : rank Master V in 5min10
Current PB on Power Ranger (Game Gear) : 10min06 (World Record)

Non-geek activity : ThermalHungary

is seance a stock market term?



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super_etecoon said:
is seance a stock market term?

No, it's an instance of a non-native speaker using an inappropriate translation into English.



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RolStoppable said:
super_etecoon said:
is seance a stock market term?

No, it's an instance of a non-native speaker using an inappropriate translation into English.

I don't follow anything having to do with the stock market, so I had no idea.  I also didn't know whether the term "seance" was used in other languages for "session."  Would be interesting, as I know seance isn't an english word and was curious if we had misused a regular word for "meeting" and converted it into something more macabre.    



super_etecoon said:
RolStoppable said:

No, it's an instance of a non-native speaker using an inappropriate translation into English.

I don't follow anything having to do with the stock market, so I had no idea.  I also didn't know whether the term "seance" was used in other languages for "session."  Would be interesting, as I know seance isn't an english word and was curious if we had misused a regular word for "meeting" and converted it into something more macabre.    

Oh sorry...This can only come from hungarian, "séance" is french and we use "széansz" in Hungarian even if Google translation won't provide you the word.

So I thought that it was probably an english word too. But ofcourse here we talk about "session".



Current PB on Secret of Mana remake : 2h27 (2nd)
Strongest worldwide achievement on TGM : 1st European S13 rank
Fastest TI MASTER in Europe : rank Master V in 5min10
Current PB on Power Ranger (Game Gear) : 10min06 (World Record)

Non-geek activity : ThermalHungary

If you own stock, I wouldn't sell yet. It's going to keep going up.



I'm no expert in stocks or anything, but having followed the financial side of this industry for a decent time now, and it generally seems that stock market often overreacts to some degree whenever new hardware is launched or other big events take place, and then gradually the market corrects the price later. Just seems like these big swings happen quite often.



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