Xenostar on 09 June 2011
| ninty_shareholder64 said: LOL @ the stock argument Ever heard of R&D costs, marketing campaign etc? A new console leading to falling stock is not an indication of failing of this console. Just look at DS launch, Wii launch, 3DS launch... Ninty won this year, imo, and it's the 2nd time in a row. But obv business as usual on a fan-site like VG, no fan of one company would admit that another company won. Saying Ninty is last place this year is like saying Ninty won E3-Wii-Music or E3-pacman, but who cares? |
No the drop in stock was a direct effect of the poor conference, it happened directly after the conference and 5x as many Nintendo shares change hands that day, than on a normal day.
The Cost of R&D and marketing, may effect there profit loss forecast but it does not affect there share price, share price is affected by what people are willing to pay for them, and after revealing the Wii U, that was alot less. People wanted rid of there Nintendo shares and they just wernt worth as much, because so many people wanted rid.
