To People Who Think Sony is in Dire Straits

[BengaBenga]

akuma587 said:

flagship said:
Except of course that MS has 9 billion outstanding shares verse Sony's 1 billion, which of course is why Sony had a much higher per share value until recently.

Stock price is a reasonably bad indicator as opposed to market cap because some companies like Microsoft are notorious for splitting their stock when the value reaches a certain point (back in the day they reached around $100 a couple times and split to $50), it helps make stock purchases more feasible for regular folks.

Anyhow a lot of the Sony's in dire straits is speculation at this point, in other words you need to wait until a week after Sony releases it's quarter reports to see how the news has really impacted the stock.

Glad to see someone is coming in with some rationality and understanding of how the market works!

 

 

Somehow you're very proud of yourself that you understand the market, and blame others for not recognizing a stock graph, yet I never see you in discussions with FishyJoe, NJ5 and myself. You should, there you could also explain why a falling market cap, bad debt position, low capital, razor-thin margins and a falling Yen are actually really good for Sony.

Comparing the shareprices for 3 companies is close to useless, since asset value is included in the shareprice and therefore you can't tell the shape a company is in only by its shareprice.