HappySqurriel on 10 December 2012
Train wreck said:
I think you are correct. For many companies, esepcially those in consumer electronic, its all about managing expectations. Nintendo being down 20% since its launch indicates to me that people are selling based on Nintendo not being able to meet their own expectation of 5.5 million Wii U and 5 million Wiis by March 2013. Why wait for Nintendo to tell you the bad news themselves, by that time, itll be too late to sell. |
As I said in my last post, I suspect it has more to do with speculators than investors ...
