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Forums - Gaming - Sony's Stocks Skyrocket after Xbox Reveal

http://money.cnn.com/quote/quote.html?symb=SNE

Why do you think this is?



I trust no one, not even myself.

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MS stock also took a hit at the same time....



I was walking down along the street and I heard this voice saying, "Good evening, Mr. Dowd." Well, I turned around and here was this big six-foot rabbit leaning up against a lamp-post. Well, I thought nothing of that because when you've lived in a town as long as I've lived in this one, you get used to the fact that everybody knows your name.

Nintendo's stocks have risen today too.

http://money.cnn.com/quote/quote.html?symb=NTDOY



No coincidences.



I think this always happens when the competitor announced something. Normal day. I guess it is because suddenly people think they know how the next six years are going to play out.



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Kazification incoming



So Sony's stock rose from mega trash to just trash? ;)

moderated Kasz216



Well this is obviously just a coincidence and has absolutely nothing at all to do with anyone being even remotely wary or disappointed in the new Xbox.



HesAPooka said:
MS stock also took a hit at the same time....

No it didn't. Its perfectly normal for a stock like Microsofts to be up and down 1% on a daily basis. Anything less than 5% movement isn't a "hit" by any means.