SpokenTruth said:
VitroBahllee said:
Wyrdness argued that it would recover to what it was before its giant drop, and then go on to be even higher. It has gone from 16 to 17 to 16.50 from 15, I wouldn't call that a recovery. I was arguing that it is now substantially lower than what it was when he argued it would now recover, months ago. It's just gotten worse, and the fact that it's gotten a little better from being worse than it was when it dropped doesn't mean it has 'recovered.' It hasn't returned to what it was after it had its big 'mobile delay' drop, let alone to what it was BEFORE, which is what he was arguing.
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Ah.
I think there is an inherent flaw with using stock as a measure of corporate health. Or trying to predict dips and recoveries based on how we as gamers see the company. Stocks can fall even on a healthy company if their profits are stagnant. A company can have great profits year after year but if those profits are not increasing, chances are good that the stock will actually fall. Stocks can ride waves of minor information for us and never budge at all on news we consider fantastic.
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I agree with you. I personally feel Nintendo are going to clean up with the NX and they will eventually be dominant in mobile. I was simply arguing that their short term prospects in terms of stock won't improve until after they put something out for mobile besides Miitomo, which isn't very exciting for investors and not what they were expecting. My original argument was more about Miitomo then the stock, but so far things are exactly as I thought they would be.
