RolStoppable said:
That's not how the stock market works. Share prices rise when a company performs above average market expectations for the company, so even buying stock of companies who lose money can be a good idea when they lose less money than expected. Buying Nintendo shares before the launch of Switch was a good idea because market analysts were cautious about the stock, so the success of Switch led to a dramatic rise in value. You bought your shares early this year when it was already clear that Switch is a success, so the major driving forces for Nintendo's stock price now are not 10m+ sellers, because those things are already expected to happen. What has bumped the share price recently is the speculation regarding new Switch models that can help Nintendo to outperform their Switch hardware and software forecasts as well as Mario Kart On Tour which has the potential to boost Nintendo's smartphone business substantially. The stock market is first and foremost about what other people will think about any given company. If you put your money into a company that you deem to be widely underestimated at the time you buy shares, then you can make tremendous returns. But if you buy shares of a company that everyone expects to do well already, then even strong revenue and profit numbers of that company will lead to only modest gains. Lastly, the typical slump in May in the Japanese market is no indicator whatsoever that Switch won't reach 100m worldwide in its lifetime. |
You seem to talk to me like if I was the non cultured dude who must be teached by someone smarter and more mature like you...So I will contest your first sentence easily by showing this is wrong simply :
16,95 M, lower than an already cut by 15% goal :
Puting on the market 1-2 new switchs variants will surely help, but now what we see after these last 3 weeks, is that the Switch falls to the "PS4 year 5" level of sales in Japan if there is no new releases. How many models we had with the 3DS already ? The 3DS family will end at 77M max.
