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Forums - Sales - amazing chance to buy low priced gaming stocks?

kain_kusanagi said:
kowenicki said:
kain_kusanagi said:
bobgamez said:
kain_kusanagi said:
I've been told it's a bad idea to invest in the products you love. If I was going to invest in a tech company it would probably be Facebook or Google. I have no love for either and they both look to have strong futures.

Facebook? I heard their stock was way down as well.

Google is pretty safe


Stock goes up and down. If I was a trader I wouldn't be a daily trader I'd be in it for the long run. Facebook may have droped since going public, but it could go huge. There was a time when Apple nearly went out of business, everyone who bought stock back then would have been happy after the iPod hit the market.


Apple has always had a tangible value... Facebook will never have one, its all based on hopes and wishes.

I don't really use facebook, but the people who do use it all day long. Just wait until Facebook starts monotising it's service and adds a premium paid membership. There are a lot of ways Facebook could generate untold riches.

But like all stock it's a gamble. I don't gamble and that's why I don't trade. But if I was a gambling man I think there's more money to make in the stock game with Facebook than Apple. You have to get in when it's cheap before it maxes out.


That's completely untrue I'm afraid, Facebook's userbase is generally speaking not the type that will pay a penny for anything, very little spending power in their users that actually use it often and install extra "apps" on it like the Zynga games. It has an astronomical userbase and hence the high value float, it's been realised that this userbase although massive is basically worthless.

Facebook used to be ad-free. People moved away from Myspace -> Facebook because of the ads. Facebook has since bought in ads but in no way to the level that Myspace did before it's collapse, Facebook will be the next Myspace if they proceed with further trying to monetize the service, people just aren't interested, not even a small portion.

I could see the Myspace collapse a mile away and can see the Facebook one too if things go that way, no question.



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Unless you have a specific reason to think that company will do very well in the next year, don't invest. The investment banks are the only ones who can make money on pure "stock is too low/high" type assesments, the only way you win is with specific prior knowledge (ex: Malstrom should have invested when he knew the Wii would explode).

The only one you listed who I think will do better is Activision with Project Titan making Blizzard MMOs exciting again. Other third parties have no plan to turn things around, their roadmap is all sequels and ports - no chance for a big surprise.



stocks aren't really the gamble that you think they are depending on what you are buying. I mean sure the whole stock market could crash, but your paper currency could also be devalued at any moment. The government could seize your personal assets, they could also tax them. Nothing is completely safe, and in this new world of pathetically low interest rates and high debt stocks and commodities are the way to go. A 10 year US government bond pays 1.66%, while the dividend of Nintendo stock pays 2.17%.

I own a bunch of stocks, but they are all just metal mining, oil, agriculture and multi-national high dividend big blue chip companies with non-elastic demand.

Technology stocks are kind of a gamble because technology changes so rapidly, and anyone can be left in the dust at any time. Right now it's cool to invest in apple, google, and facebook but the upside potential is running out.

I think Nintendo is a good value here because they have tons of cash saved up, they have the mega franchises they can make money even in a small eco-system like the gamecube, and they have shown they are innovative enough to keep one step ahead of others. Stocks don't make logical sense in the short term, so if you don't hold them long enough you will see nothing but static. The long term trend over years and years should show the strong fundamentals of the company.



currently playing: Skyward Sword, Mario Sunshine, Xenoblade Chronicles X