aori said: Well assuming it is the ipad 3 being unveiled tomorrow, I'm expecting apple to drop. Not sure how much, but unless the ipad3 turns out to be super duper amazing, there's no way it's gonna meet expectation/hype of all those rumours. Apple stock dropped when iphone 4s came out, just because it wasn't the iphone 5 investors were expecting. But I'm holding on to my apple options since I've already lost so much in them :P Does that make me illogical? |
If you're thinking it'll bounce back from its dip, you aren't illogical. If you're thinking it'll dip so much that you will lose alot of money you won't gain back, then keeping it in there would be illogical. As for which is the most likely, I don't know.
As for gaming stocks, I get the feeling the market doesn't understand them very well and tends to be very bearish unless they're posting record gains. That's why I don't expect our gaming stocks to go anywhere until the 8th gen is in full swing and record profits start coming in. |
I completely agree. Investors are dumb when it comes to VG stocks, and affect the trends erratically. Add to that, as Ail said, there is little coverage on (relatively) smaller Japanese companies like Nintendo, Capcom, Konami, Square and others, so its gets even worse there.
That also means I'm currently at a loss as to what to do in our Vgchartz ladder game. Btw when does the ladder month end? Or are you going to run it for 2 months? |
Well, I would say you're right, the trends will largely bounce come 8th gen. In the meantime, our ladder offers other stock than strictly VG stock. We have MS, Google, Apple, Sony, as well as Zynga (for FB games).
The ladder ends mid-March (pretty soon), and doesn't extend. :) Points freeze at game end (I believe).