I bet Microsoft and Apple are watching Nintendo's share prices closely. If the shares were to drop to GameCube levels they might pounce for a take over. Seeing as MS wanted to buy Nintendo during the GameCube era I could see them watching these numbers.
I think Nintendo's stock is going to be in a free fall, when WiiU launches I don't expect it to perform as well as Wii and 3DS needs one hell of a Christmas to gain some ground. I'm waiting for the stock to take a hammering next year, then I might have to buy some, Nintendo is good at one thing other then making software and that is making money. Sure the stock may be down right now and they might have a bad generation next gen. But one things for sure , their going to bounce back and they will bounce back big time.
As for Nintendo buying more of its stock back due to the selling. Isn't it insider trading to buy your companies stock when you know its cheap? Using your inside knowledge of what your company is releasing to buy the stock cheap? If its not insider trading then yah Nintendo better get on that. Nintendo should own at least 50% of its stock to protect it from a hostile take over. Last I heard they controlled less then 20%.
Share holders are panicking, Nintendo isn't going anywhere and they will bounce back!
-JC7
"In God We Trust - In Games We Play " - Joel Reimer
