kowenicki said:
Train wreck said:
Viper1 said:
Train wreck said:
Viper1 said:
"Nintendo is irrelevenat," Michael Pachter (Dec 06, 2012) Guess who most video game investors get their industry advice from?
You still think this drop is due to launch sales?
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http://www.nintendo.co.jp/ir/en/stock/information/index.html
57% of the shares of Nintendo are owned by companies and people inside Japan, you mean to tell me that they listen to Patcher also. He must me truly global.
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Are you trying to tell me that the foreign 43% can't sell their stock? Becaue that would be the only valid reason for even making your post.
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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.
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Thats a nonsense post. It is literally nonsense.
The 43% are selling to people who replace the 43%, its still 43% but different owners.
People ARE buying the stock.
Secondly, just because you hold a stock doesnt mean you want more of it.
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Its not a nonsense post at all, the same reasoning can be made for Microsoft. If the fundementals of the comapny is strong with the release of windows 8, lumia 920 and the company making money hand over fist, why is the stock a dollar off its 52 week low. All those positive factors should be propelling the stock price. But maybe it was that yahoo article claming Microsoft best days are behind them. Yeah, that is it...