Pachter: "Wii U won't save Nintendo, phones took 35% of the market"

[Ail]

mike_intellivision said:

Ail said:

Most of you forget that Patcher is first and foremost a stock analyst.

His only job is to provide good stock recommandations...

Criticizing Nintendo and getting out of it is probably the best stock recommandations that was ever made half way through his gen.( missing the original boom was bad, but when you look at the flop that followed on the stock market, being out of Nintendo for the whole gen wasn't such a bad move..)

The whole gen he has been behind Activision too and that was a good stock pick too...

Stop looking at his recommandations through your fan eyes and you will see things differently.

If most of you fans had put all your money in Nintendo 4 years ago when you kept arguing it was the best gaming company in the world, most of you would be living in the street right now.........

From a financial point of view, I totally agree with him, getting into Nintendo right now, even at the current low price is a huge risk....

If you disagree with him, go buy Nintendo stock and we'll see 4 years from now, who is right and who is wrong...

 

Right now, whatever your console is ( and I am a PS3 fan), the stock to be in is Microsoft, not Sony or Nintendo. 

 

PS : and stop already with the third party conspiracy. It's your job as a hardware maker to ensure people develop for your hardware, if they don't , you did something wrong, not them.  It's like blaming every software company when noone was developing for the Mac in the 90s...

You are right in talking about what Pachter is supposed to be doing. But he has taken it to an entirely different level with his "analysis" and basically is talking about the company -- not its stock.

By the way, at least some people have Nintendo as a BUY right now -- which would fly in the face of Pachter's comments:

http://www.industrygamers.com/news/nintendo-stock-upgraded-to-super-mega-buy-game-trader/

http://www.wikiwealth.com/research:ntdoy

http://www.fool.com/investing/general/2012/02/16/has-nintendo-lost-its-magic.aspx

 

Mike from Morgantown

Yeah but those aren't very good at stock picking.

The company that has it as a super mega buy already had it as a buy when it was as it's all time high. So people that followed their advice basically lost half of what they invested in Nintendo..