Nintendo stock down 9% last 2 days

[HappySqurriel]

irstupid said:

What I find really stupid is our gaming media. They got into this business because they love games. Yet they have become so fanboysist, elitist, hardcore, ect that they forget to watch their mouths. Take E3 for example. They are so worried about declaring a "winner" that they will bolster up one and knock down another and spread this word.

Now what do investors see. They see a crap load of negative news surrounding a stock of theirs. They sell.

Heck look at casual games. For a lot of companies, their Profits are coming mainly from these casual games and their hardcore games are the ones that are losing money for them. Yet when a casual game is announced, the gaming media rips that company a new one, again bad press = people sell their stock. All because some gaming journalist don't like that type of game. It has nothing to do with how good of a business move it is. Yet these investors just see the bad press.

 

I'm not saying they need to praise everything, but they need to quit bashing things as hard as they do solely on personal taste.  Bash something when it deserves it and is bad.  Not because you don't want a pet game.

I agree that the media's reaction to a lot of games is very odd ...

While I understand why someone might not like a game like Just Dance, inexpensive games that sell well (like Just Dance) offset the expensive games that didn't sell well and keep publishers afloat.