| Mr Khan said: So basically they're fucked no matter what they do because they didn't listen to him?
Neat. |
Doesn't matter if Nintendo listens to him. Mutual funds, Goldman Sachs, and other big names on Wall Street listen to Pachter because he may be wrong on his game to game predictions, but he has kept his job because he is damn good at forecasting which videogame companies will have up or down years.
So long as he has Wall Street waiting to hear, he will continue spouting. Regardless of whether we as individual forum goes like him or hate him, Pachter has the ears of who really matters. Those who really matter are the hedge funds, mutual funds, big time investors (Carl Icahn and his ilk), and investment banks.
Pachter can't stop Nintendo from selling consoles, but he can make Wall Street think twice when the decision comes down to recommend purchasing Nintnedo stock. This is all that matters.
