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

doom and gloom, doom and gloom everywhere.



Around the Network
Epic_Bro_Fist said:
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.


Im an investor of the Big 3 and honestly. Ill probably put my money on them in the next week or so. But the pattern looks pretty bad. 



Yay!!!

SnakeDrake said:
Sony its a sign to release The Last Guardian soon

you really think so



Update : --------------------24+ hours after this post was made.---------------------------

- Sony again reached a NEW 52 week LOW of 15.45 today compared to the low of 15.61 yesterday. 



Yay!!!

I think Microsoft is going to try very hard to push Playstation 4 out of the market or go for the quick knock out as Sony likely cannot match MS on specs/marketing/exclusivity deals right now. They are hurting.

They need to get the Vita going too.



Around the Network
kowenicki said:
Horrendous.

Since Kaz and his 'way forward' speech the stock has collapsed.

So far in the last month about 25% of the value of the company has evaporated.... staggering.


Well to be fair it was inevitable and had nothing to do with Kaz, even if I think he's a jumped up stereotype japanese businessman cliche excuse for a human being :)



kowenicki said:
just keeps dropping...

down already today by over 1% and is now 15.3.


Update : --------------------48+ hours after this post was made.---------------------------

- Sony again reached a NEW 52 week LOW of 15.15 today compared to the low of 15.45 yesterday. 

 

 

Yeah dude. Its bad.



Yay!!!

Kaz's plan didn't seem bad to me. There were some with some - raise brow - hmmm, but overall it sounded alright.



In the wilderness we go alone with our new knowledge and strength.

kowenicki said:
Horrendous.

Since Kaz and his 'way forward' speech the stock has collapsed.

So far in the last month about 25% of the value of the company has evaporated.... staggering.

did not know that



A few quick thoughts.

Sony's stock performance in Japan is almost as bad.
A lot of video game stocks are down ...and a lot of video game stocks in Japan had a rough day(s) around May 1. For comparison, Nintendo lost close to 10 percent of its value.
So Sony has its own financials as well as analysts proclaiming that one of its profit centers (video game consoles) is passé causing it financial problems.

Mike from Morgantown



      


I am Mario.


I like to jump around, and would lead a fairly serene and aimless existence if it weren't for my friends always getting into trouble. I love to help out, even when it puts me at risk. I seem to make friends with people who just can't stay out of trouble.

Wii Friend Code: 1624 6601 1126 1492

NNID: Mike_INTV