Nintendo Shares Level Out After $4 Billion Drop in Company Value

[bowserthedog]

VitroBahllee said:

bowserthedog said:

WTF? It's free to play with microtransactions! You think its profitability is going to be 'just like' a game you can't spell (TomoDACHi Life) that sold 4 million at $40 a pop? Why? Just because Nintendo?

That's what I keep hearing from the reality distortion field crowd.

"Why?" 

"Because Nintendo."

 

bowserthedog said:

. It may even appreciate more than that if nx produces more profits and 3ds/wiiu but you can assume anything when you don't fully know yet what their plans are. However, in the mobile space it's a new business and I think you can assume Nintendo will do quite well in this market based on a variety of reasons.

Yes, and they have given us no reason to assume they are going to do anything like what investors expect.

Yes, because reasons.

Right..  But it's Nintendo being Nintendo. The average investor isn't well educated towards the way Nintendo does this. It doesn't matter if they do things the way investors wants. Next year when they start announceing the revenue they are getting from mobile investors will heavily purchase nintendo stock.