By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Sony - Sony's stocks fell below the 52 week range. Lowest since 1993. May 11th stock info.

 

This is...

Not good 76 62.81%
 
:-( 45 37.19%
 
Total:121
theprof00 on 02 May 2012
WiiBox3 said:
^This is what I did with Majesco stock. I bought a ton of it when it was about $0.50 and sold it after it hit $4.00 for a 800% profit! I should have bought a lot more than I did at the time, but you can never be completely sure.

A good idea would be to sell them short, now.

I predict the NBA Baller Beats game for Kinect is going to uDraw them.



Around the Network
darthdevidem01 on 02 May 2012

The lowest since 1993 is it?

We know what came to aid SONY just a year after that

Maybe the PS4 is destined to do what its great grandfather did.



All hail the KING, Andrespetmonkey

theprof00 on 02 May 2012
darthdevidem01 said:
The lowest since 1993 is it?

We know what came to aid SONY just a year after that

Maybe the PS4 is destined to do what its great grandfather did.

Oh my God.

I've missed your old nostradamus moments like these.

Hmmm and ps1 gen lasted 7 years...is it a sign?



WiiBox3 on 02 May 2012

Well if Kaz does a good job restructuring them, there could be a major turn around in the next 5 years. The reason I say 5 years is that it can take a while for things you put into play now to come to fruition in such a large company.



Cold Light on 02 May 2012

Not really surprising, they have not the best times now. I hope they'll recover from all that shit.




 

Around the Network
darthdevidem01 on 02 May 2012
theprof00 said:
darthdevidem01 said:
The lowest since 1993 is it?

We know what came to aid SONY just a year after that

Maybe the PS4 is destined to do what its great grandfather did.

Oh my God.

I've missed your old nostradamus moments like these.

Hmmm and ps1 gen lasted 7 years...is it a sign?

tehehe

And of course it is a sign, there are no coincidences in this world theprof0001111!!!!!!!



All hail the KING, Andrespetmonkey

ZaneWane on 02 May 2012

that can not be good



SnakeDrake on 02 May 2012

Sony its a sign to release The Last Guardian soon



 

Bet with gooch_destroyer, he wins if FFX and FFX-2 will be at $40 each for the vita. I win if it dont

Sign up if you want to see God Eater 2 get localized!! https://www.change.org/petitions/shift-inc-bring-god-eater-2-to-north-america-2#share

Mr Khan on 02 May 2012
Green51q said:
Their stock im expecting is going to make many people very wealthy.

3.6 billion of their loss was a tax write-off, i.e. not theirs in the first place. Coming from their actual bank account, the original loss forcast of about 2 billion USD is still pretty acurate.

But people see big numbers and immediately assume the worst.
Reading their annual financial statement, each quarter of 2011 showed improvement from 2010 (asside from the first quarter with the tsunami), sometimes even marginally profiting , it wasnt until Q4 with the tax business that really damaged their overall year.

That 3.6 Billion was the *loss* of their ability to claim future write-offs, meaning that now they'll definitely have to pay that 3.6 Billion in taxes the next time they make a profit, meaning their next profit in the USA will have 3.6 Billion shaved off the top...



Monster Hunter: pissing me off since 2010.

Epic_Bro_Fist on 02 May 2012

Well in this kind of situation possible investors could either invest in Sony expecting its stock to rise after reaching this low or invest in rival companies expecting them to gobble up Sony's various market-shares while its down.