By using this site, you agree to our Privacy Policy and our Terms of Use. Close
AngryLittleAlchemist on 08 July 2018
Edit Thread
Ljink96 said:
AngryLittleAlchemist said:

Yes, that's why I put it in quotes, because it's subjective. Again, you shouldn't be so adverse to the idea of investors having a "silly reason" when you just said they were out of touch.

Though, quite frankly, I'm not sure how objective you're actually being. I could be wrong, but don't investors calibrate the stock value based on what they're working with now, and not in the future? I'm pretty sure no matter how you cut it, a lot of people thought that E3 presentation was poor, and if they were judging what the stock should be based on that, it's not entirely unreasonable. Just because x big games come out in y months doesn't mean the stock should automatically stay the same or be higher. The stock will probably rise when the releases get closer, and I don't see that as a "blindsiding" of their unreasonableness, more like just common practice. 

I say it's silly as a claim because there is no warrant to back up that claim. Investors for Nintendo have already showed us their true colors with the Pokemon Go thing, they couldn't even invest in the right company. They probably think Nintendo owns Pokemon. Which leaves them uninformed and out of touch. I'm being objective with results from Nintendo's E3 showings and what affect they had on consumer electronic sales in hardware and software. That's quantifiable. And that's something I find tangible enough to make a claim based off of. Thinking that an E3 showing was poor is not quantifiable, a lot of people thought it was bad but yet Switch sales doubled after E3 and Nintendo's biggest games are showing well in pre orders with Gamestop and Amazon. 

You can think that the E3 presentation was bad, but you can't deny the effect it had on Nintendo sales and that should prove positive enough for future investments. If Sony investors thought the same way as Nintendo investors, it would have been tanked. Sony showed games coming in 2019 mostly. 3 of their 4 deep dives are games coming in 2019 and that's what their E3 was based around. And you don't see Sony's stock tanking based off of games being relased next year. Smart investors think in the now and the future and that's what I feel Sony investors are like. They don't have knee jerk reactions like Nintendo investors have shown in the past. 

My bottom line is, you can say the E3 presentation was bad and base a decision off of that. That's your choice as an investor, but when quantifiable sales paint a different story following the event, I don't think that specific claim holds water. 

Edit: From my own personal experience, I've invested in different Alt coins for Bitcoin and I always followed the news and based my decisions off of that news, If a certain Alt coin company announced something positive like a Wallet or new updates to their Blockchain I'd hodl and invest, that's generally good news, or if they've been chosen for a specific task. So if I had Nintendo stock, hearing Gamestop's report would be good news for me frankly. But that's just me. And of course there are other investors at Nintendo who think this way and I'm more on their side of thinking.

I .... don't even know what you're talking about, at this point. Do you think I'm talking about my own opinions? 

The investors obviously thought the E3 presentation was bad, didn't it drop multiple percentages then? And honestly ,the whole "it sold a bunch of hardware" is probably a huge exaggeration on your part. Most consoles probably get a boost during E3, so I'm sure to the presumably unreasonable investors it doesn't really affect their stock.