AngryLittleAlchemist said:
Ljink96 said:
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.
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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.
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No, I don't think you're talking about your opinions. I didn't even mention you in my post... 
When I say you, I'm saying it in a hypothetical sense, not that I'm talking directly to you. I know very well what I'm talking about and my post seems pretty sound on my end. It's all a matter of opinion when it gets down to it. If the investors thought it was bad then they thought it was bad and they took out their money. I didn't say anything was wrong with that. I'm saying in my opinion I think it's a knee jerk reaction compared to how other investors treat their stock. But of course, there are some investors who may have thought that Nintendo's stock wasn't going any higher than it was, and took out their money. Buy low, sell high. Which is completely understandable.
And of course there are investors who stayed and keep Nintendo's stock where it is now. And the hardware and software thing is just one thing. I also mentioned that China tariffs could have affected investors and I think that more than anything had an affect on stock than E3. I'm not saying it sold a bunch of hardware, I'm just going off of what Gamestop said. They singled out Nintendo Switch and Pokemon and Smash. They didn't highlight PS4, or Xbone or any of the software coming from those bases.
I think you're taking this waaaaay to personal, perhaps you invest in Nintendo stock? If so, I don't think you're stupid or anything.
Last edited by Ljink96 - on 08 July 2018
