scottie on 08 February 2009
| nintendo_fanboy said: This is hilarious here... Does anyone of you understand something about economics? The only thing mentioned in the OP is that the stock price was on a low last week. There is no direct relation between profits and stock prices. Stock prices are highly psychological. Of course they should actually signify the value of an enterprise, but they do contain expectations, fears and personal opinions too. Of course we don't know why S-E has delayed it's earnings report, and maybe they will show bad numbers then. But I doubt that they made a loss last year, and if they did, I'm sure they are intelligent enough not to think that this was because they "stabbed Sony in the back", and concentrate on handhelds and the Wii in future. |
Yes, I understand quite a bit about economics. Enough to understand that
Economists are not gamers, nor for the most part, are people who buy stock in gaming companies
Therefore economists have no idea that 2009 will be so much better for SE than 2008
With no ability to judge the future performance of the company, they must judge the profits from the previous year
Therefore the stock price falls when it should rise.
Therefore if you have money, buy SE shares while they are still cheap.
