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Forums - Nintendo - Nintendo stock down 9% last 2 days

runqvist on 11 December 2012
osed125 said:
runqvist said:
kowenicki said:
runqvist said:

Sony's troubles were not unexpected, but I think I might hop onboard at some point.


Down 50% since Kaz made his "leave it with me I have this under control" speech in April.

So half the value of the company wiped off from already record lows.  I do actually think it may have bottomed out now.  I wouldnt touch it with a barge pole though. 

Logically if you think that they have hit the rock bottom, you should at least consider to invest since the only way is up. :)

In that case what's the difference between Sony and Nintendo?

Are you serious? Nintendo has not hit the rock bottom yet, of course.



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osed125 on 11 December 2012
kowenicki said:
osed125 said:
runqvist said:
kowenicki said:
runqvist said:

Sony's troubles were not unexpected, but I think I might hop onboard at some point.


Down 50% since Kaz made his "leave it with me I have this under control" speech in April.

So half the value of the company wiped off from already record lows.  I do actually think it may have bottomed out now.  I wouldnt touch it with a barge pole though. 

Logically if you think that they have hit the rock bottom, you should at least consider to invest since the only way is up. :)

In that case what's the difference between Sony and Nintendo?

I refer you to my post directly below yours.

He said the only way is up for Sony, so for him to invest in Nintendo is the same thing since the stock stuck can only up, according to his logic. But yeah he doesn't know what he's talking about...



Nintendo and PC gamer

runqvist on 11 December 2012
kowenicki said:
runqvist said:

Wtf. Did not notice this before, ntdoy has gone down 0.62$ or 4.63% in 3 hours. That is freefall.


Ummm no.  It opened at that level.  Over night futures after Nikkei performance.

You dont really know what you are talking about do you?

Actually it opened at 13.45$, if you want to be precise. From yesterdays closing to 3 hours after opening today, it has gone down what I said. Problem?



osed125 on 11 December 2012
runqvist said:
osed125 said:
runqvist said:
kowenicki said:
runqvist said:

Sony's troubles were not unexpected, but I think I might hop onboard at some point.


Down 50% since Kaz made his "leave it with me I have this under control" speech in April.

So half the value of the company wiped off from already record lows.  I do actually think it may have bottomed out now.  I wouldnt touch it with a barge pole though. 

Logically if you think that they have hit the rock bottom, you should at least consider to invest since the only way is up. :)

In that case what's the difference between Sony and Nintendo?

Are you serious? Nintendo has not hit the rock bottom yet, of course.

So you can invest in Sony because the only way is up but not Nintendo since from here the only way is rock bottom?



Nintendo and PC gamer

kitler53 on 11 December 2012
Viper1 said:
runqvist said:
That is almost free fall, luckily I have no investments in ntdoy stock.

*sniff*  I smell bait.

kitler53 said:

lol.   but yes, probably i would have.  it's not like we're betting money.  it's really about boasting rights and that's makes it easy to go out on a limb and make a bet purely on a "gut feeling" that i'm right.

I suppose that's true but I don't like making a bet on something that can easily go either way making it more about who was lucky rather than who was most insightful.

Just liek with Vita.  It started off great and then, as Runqvist would put it, went into free fall.   I waited almost 2 months before I started putting together my Vita projections.   I'm not about to project Wii U on less than 2 weeks.

okay, fair enough.  but 2 months later (january 18th) we'll be way to close to march to make a bet any fun.  meeting/failing to meet the 5.5M expectation will be all but a certainty by then.



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Viper1 on 11 December 2012
kitler53 said:

okay, fair enough.  but 2 months later (january 18th) we'll be way to close to march to make a bet any fun.  meeting/failing to meet the 5.5M expectation will be all but a certainty by then.

I may not wait that long for my Wii U projections, but I'd certainly like more than 2 weeks of US, 1 week of Europe and 1 weekend of Japan to work with.



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runqvist on 11 December 2012
kowenicki said:
runqvist said:
kowenicki said:
runqvist said:

Wtf. Did not notice this before, ntdoy has gone down 0.62$ or 4.63% in 3 hours. That is freefall.


Ummm no.  It opened at that level.  Over night futures after Nikkei performance.

You dont really know what you are talking about do you?

Actually it opened at 13.45$, if you want to be precise. From yesterdays closing to 3 hours after opening today, it has gone down what I said. Problem?

Its primarily a Japnese stock. It merely apes the close of Japan.


And since I follow nasdaq and not nikkei, how is my statement false?

http://www.nasdaq.com/symbol/ntdoy



Mandalore76 on 11 December 2012
Train wreck said:
JTurner82 said:
Pfft, why worry about this.

The same reason why you worry about THQ trading at .12 cents or Sony at $9.50 or Kellogg hitting an all time high today.  Stock prices give an indication of the overall health of a company.  Its an easy way to gague the company between earnings releases.

Might be easy, but it's far from accurate.  Enron had an extremely healthy stock price, but was an extremely unhealthy company earnings wise.



runqvist on 11 December 2012
osed125 said:
runqvist said:

Are you serious? Nintendo has not hit the rock bottom yet, of course.

So you can invest in Sony because the only way is up but not Nintendo since from here the only way is rock bottom?


Where did I say that?



runqvist on 11 December 2012
kowenicki said:
runqvist said:


And since I follow nasdaq and not nikkei, how is my statement false?

http://www.nasdaq.com/symbol/ntdoy

For pity sake.

See that symbol NTDOY thats the Nasdaq symbol.  I am also looking at Nasdaq.  Otherwise the number would be much different (yen) and the symbol would be a number (as per Nikkei standards)

Click your OWN link and look at todays high/low.  Get it now?

This is getting tiresome, I already explained my reasoning and you just refuse to get it. That is perfectly ok, but for you to assume that I really don't get what is your view, it is downright amusing.

Do I have to spell it out for you? Maybe you could get it then? No?