| ShinMitsugi said: It doesn't matter why I chose to post on this thread. I just like to point out ill advised statements when I see them. Anybody who is experienced in stock trading wouldn't get so excited about a single day of gains of a company on the market. That person looks pretty unintelligent when those gains are lost the very next 2 days. Sort of makes that person look like they don't know what they're talking about. Then the person says how much the depreciated yen is helping Nintendo. However, on second thought, you make a comparative graph of Nintendo and the $/Yen's 12 month stock and currency market perperformance http://finance.yahoo.com/q/bc?t=1y&s=USDJPY%3DX&l=on&z=l&q=l&c=NTDOY%2C+%5EN225%2C+&ql=1&c=%5EDJI and you think to yourself...wow, maybe there isn't a correlation. I also added the DOW and the NIKKEI just so you could see how poorly Nintendo has done despite the growing confidence in the global economy. Pretty concrete evidence in a lack of confidence in Nintendo considering the major Japanese and US composite exchanges rise while Nintendo falls. Let's remember kids, reactionary statements regarding the stock market....not a good idea. |
It's hard to argue against this. The 2 year and 5 year charts are even more depressing.
If I was a stock holder of Nintendo (thankfully I'm not), I'd be asking for blood, Iwata and his board of directors have driven the company's stock into the gutter.
