AngryLittleAlchemist on 08 July 2018
| Ljink96 said: I also heard reasoning that Donald Trump's tariffs on Chinese manufactured electronics have caused investors to become shaky. But, a poor E3 showing, vs. Gamestop seeing sales double during E3 week is a weak argument. Pokemon and Smash Bros. are among Nintendo's best selling franchises, I wouldn't exactly call that a "poor" showing. The stock market in itself is volatile, this happens. Hell, it dropped by like 5% after the Lets Go announcements. Most of these investors don't necessarily understand Nintendo or the game industry like they should. For example, Pokemon Go shot Nintendo's stocks up the roof, when investors should have been investing in Niantic or The Pokemon Company as they get a greater cut than Nintendo. It was a bad evaluation by the market |
Didn't you just contradict yourself in your own comment? You say that it's poor reasoning but then say that stock investors are unreasonable and don't get the industry. By saying E3's weak showing probably affected the stock market, you're not necessarily saying that the drop in stock is earned. Just that with knowledge of how out of touch investors can be (like you pointed out yourself), it wouldn't be surprising if the E3 showcasing was a big reason why.
Although, honestly, I think even if every investor was in touch, it probably would have fallen a bit after e3 anyways.
