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

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

Vinniegambini said:
Yup I'm feeling the pain. Got in at 14.00$, went as high as 17.50$ said nah its guna go up :( So yeah tomorrow ima be in the negative however its stocks, so they are volatile. For example, Apple shed over 11% since last week so I'm not to worried. The short term is worrying, the long term seems right. I guess we will see if my investment pays off.


There's no way it will go lower than 13.  $14 should still be safe enough, it'll bounce back to 15 at least.  I'm not sure about the long term prospects though, it may be this time it won't go up really high until people see profits.  



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

Around the Network

Of all companies I wish Nintendo wouldn't be publicly listed. It seems like they feel the need to cater to their shareholders more and more...
When did Nintendo become listed anyways? It wasn't such a long time ago or am I mistaken?



nintendo is doomed!! doomed i tell you!!



Hype is the word that describe activity of majority of investors as of now, at least minoritary ones. Not really much to say about it.

And I don't think it's exclusive to tech sector. Compare it to, say, shale oil and gas investment in US. Investment into shale oil fell from the cliff in late 2008 and was replaced by exponential growth of investment in shale gas, that beat previous record of sector's gross capitalization only in two years. Now I'm just wondering when the bubble is going to burst and people start to whine about unreliable industry analysts.



this is because the company doesnt make any money on the wii u yet and underperformed software sales

next year it should go up



Tsubasa Ozora

Keiner kann ihn bremsen, keiner macht ihm was vor. Immer der richtige Schuss, immer zur richtigen Zeit. Superfussball, Fairer Fussball. Er ist unser Torschützenkönig und Held.

Around the Network
kowenicki said:
Sommernacht said:
Of all companies I wish Nintendo wouldn't be publicly listed. It seems like they feel the need to cater to their shareholders more and more...
When did Nintendo become listed anyways? It wasn't such a long time ago or am I mistaken?


1962.


Oh well

Seems to me that there are a lot more news from shareholders conferences etc. since Iwata became president. 



Bad sales for either 3DS and Wii U. Nintendo is not on track to match their own fiscal year predictions.



As others have said, it's short term uncertainty which always happens. Expect a change in the coming months.



 

Here lies the dearly departed Nintendomination Thread.

There's so much pessimism about console manufacturers nowadays.

Those doom and Gloom articles will be worse in 2013. PS360 sales are likely to go down another 20% next year, maybe more if PS4/X720 get announced.

That being said, 2013 will indeed be an interesting year for gaming.



ethomaz said:
Nintendo is not on track to match their own fiscal year predictions.

Care to elaborate?



The rEVOLution is not being televised