saicho said:
Killiana1a said:
Mr Khan said:
So basically they're fucked no matter what they do because they didn't listen to him?
Neat.
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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.
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I doubt Japanese investors listen to Pachter since Nintendo stock is only traded in Japan.
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Japan can barely afford to sell it's own debt to it's ever aging populace. Correct me if I am wrong, but a fifth to a quarter of Japan's population is retired, the population is declining to a negative birth rate, and the population is getting older as Japan is the 1st or 2nd in life expectancy among nations in the world.
Sure Japan has investors, just how many of them is the question.
