Nintendo stock continues alarming collapse... 5 year low. Reggie comments.

[Erik Aston]

shuraiya said:

With all the hype surrounding the wii and the great success it found with the casual crowd, Nintendo's stock got greatly overvalued. The share price couldn't possibly be maintained unless Nintendo managed to keep a firm hold on the casual crowd; they have proven that the casuals are too fickle and the entertainment market to unstable for that. Right now the the share price is being revalued. It will continue to be erratic until investors get a better idea of what Nintendo is attempting to accomplish; When that happens, a more reasonable and stable price will be set. One that accounts for the fact that Nintendo is no longer the sole patron of the casual crowd and that they now cater to a portion of the hardcore crowd.

 I personally would not put any money into Nintendo stock right now until I have a better idea of the viability of their vision. I will monitor the situation closely and try to establish what I believe to be a reasonable price point based on information as it becomes available; that information is still much too vague. Buying Nintendo's stock at this time will be more a matter of faith than the technical and fundamentals.

Damn fickle casuals!

They bought Wii Fit, but when Nintendo came out with another version modelled specifically for intense workouts ala P90X or Insanity, and another with hip-hop dance workouts, and another with hand-weight shells for the Wii remote with aerobic exercises, no one bought those!

And those are the same stupid casuals who bought New Super Mario Bros. in 2006, but when Nintendo came out with NSMB2 in 2009, they didn't touch it!

And they bought Wii Sports, but then when Nintendo made full-fledged co-op action/adventure games with the Wii Sports mechanics, they turned their noses up!

They bought 2D platformers and RPGs, and "non-games" like Brain Age by the millions on DS, but say "talk to the hand" when they make up the brunt of the 3DS effort!

Stupid, stupid Nintendo. Trusting those fickle casuals. They get distracted so easily.

Have you ever shone a laser pointer on the floor in front of a casual? They'll chase it around trying to pick the dot up off the ground! It's hilarious.