Soundwave on 06 January 2016
| Darwinianevolution said: Investors really fell for the mobile hype. |
It's not really hype. Nintendo is likely to make a ton of money from mobile. It's just that the market is scared shitless right now due to a very uncertain economy and sitting in Nintendo stock when those mobile profits may take a little longer to come to bear fruit isn't what scared investors want. They want something safe, probably something that gives them good dividend returns right now, because everyone is on pins and needles.
I still would say Nintendo is a decent-to-good investment long term because I do think they will do very well with mobile. But the best time to buy was in 2014, not now, it's still way higher than it was back in that down period.
