Nintendo stock up 11% in the past 2 days. Coincides with Miyamoto stepping down.

[Vinniegambini]

Train wreck said:

Of course everyone is wrong as usual (in terms of relating the stock price to their fundamentals).

The reason the stock is moving is because the Yen cleared 95 to the dollar for the first time in over 3 years and companies who have raised their forecast due to the weak yen are bolting higher because of exceeding those higher estimates.

Also the Japanese economy expanded in the fourth quarter which is also fueling the advance.

Nothing really has changed on the outlook in terms of "3DS domination" and poor vita sales.

Up by 5% yesterday in Japan, and up by 6% in Japan today. It is helping, but there is more to it than the above.

On a side note, can't believe I am seeing the yen at 95.