| Train wreck said:
If the 43% sell why are other 57% not buying? If the fundamentals of the company are strong or improving as you seem to imply, they should not be hesitant to pick up shares right? Or is Patcher doom and gloom scenario too big for Nintendo shares to overcome. Just admit the Patcher reasoning is a pretty dumb one and we can call it a day. |
I'm not implying the sales are strong at all. What I am saying is that blaming it solely on the sales ignores many other factors that were already at work dropping the price.
The strong Yen has been hammering it, and other companies, for a while now.
Pachter has been harsh on Nintendo in the past but to flat out state at the Game Monetization Summit just a few days ago that Nintendo is irrlevant would have a huge imapct.
Continued correction of the overinvestment spike by the DS and Wii rush.
Continued downtrend from the investor speculation that Nintendo would fully back mobile.
ALL these are to blame. Saying it's just sales makes little sense given that Nintendo never gave investors a launch projection to evven work with.
The rEVOLution is not being televised
