Nintendo stock down 9% last 2 days

[Viper1]

Train wreck said:

Viper1 said:
Investors jumped on the Nintendo bandwagon like crazy.

Then when the mobile game craze started up, they dropped Nintendo for mobile firms.

Nintendo's stock dropped even more after E3 when investors were expecting Nintendo to announce they were going to support mobile devices.

Watching stock on many tech sector companies is nothing more than watching the hype.

Besides, look who they go to for video game investment advice....Micheal Pachter.

Patcher was signling doom and gloom for nintendo in 2005, 2006 2007 and beyond, that didnt stop Nitnendo from going up 7 fold.  Maybe its a nintendo execution problem this time?

His doom talk then was nothing like the doom talk now and it was combined with the hyper successful DS and Wii and the new investor craze of mobile.

Context is the key.