I'm planning on writing an article on this, but the issue is that Nintendo is going into their earnings release with no titles and no prospects for the future. They can't really blame COVID because their peers (Sony and Microsoft) have no trouble showing off their upcoming titles. And they can't just get away with "We have numerous titles in development." If they have nothing, then investors should sell the stock because there is no reason to think 2020 can beat 2019, even with the initial boost in sales in April and May (Nintendo still makes most of their money in Calendar Q4).
I think it's one thing for fans to moan and groan. It's another for investor. Nintendo needs to get on the ball and show something, even if they don't think it can make FY 2021. That said, I think there is some massive structural issues that are causing these delays and COVID just revealed them, but perhaps a story for another day.
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Known as Smashchu in a former life
