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Forums - Sony - Sony shares boom on spin off speculation

"Shares of Sony spiked to their highest level in two years Wednesday on reports that the company is considering a spin off of its movie and music division."

It's funny how a lot of people thought it was because of the xbox announcement.

 

 

http://money.cnn.com/2013/05/22/news/companies/sony-third-point/index.html?hpt=hp_t3



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Lol........



That was about the previous increase close to 15%... the yesterday increase (~10%) is due the Xbone reveal.



Yeah, and the raise of Nintendo was for??

I never expected the best thing which happens nowadays to Nintendo and Sony was a Microsoft console...



NinjaHanzo said:
Yeah, and the raise of Nintendo was for??

Hm.. Lets see this rise up thanks to MS.

Wow, really, many thanks to MS.

But what about M$ FAIL?

Hahaha, such FAIL. -0.66 drop!



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Even more funny is thefact this is based on a mistranslation : http://blogs.marketwatch.com/thetell/2013/05/22/translation-error-boosts-sony-stock/



ethomaz said:
That was about the previous increase close to 15%... the yesterday increase (~10%) is due the Xbone reveal.

Indeed.



ethomaz said:
That was about the previous increase close to 15%... the yesterday increase (~10%) is due the Xbone reveal.


Ahh, thanks for clarification. i had no idea, my bad.



trollmaster85 said:
NinjaHanzo said:
Yeah, and the raise of Nintendo was for??

Hm.. Lets see this rise up thanks to MS.

Wow, really, many thanks to MS.

But what about M$ FAIL?

Hahaha, such FAIL. -0.66 drop!

Oh wow, I had no idea Nintendo shares went up also! That's a good thing. I thought Nintendo messed up with their launch, but MS definitely took the cake with all the confusion about them saying it's always online and blocks used games, and then denying it. It seems that they can't get their story straight, they should have been more prepared and also they should have never even thought about blocking used games and having a systme thats always on. 



ethomaz said:
That was about the previous increase close to 15%... the yesterday increase (~10%) is due the Xbone reveal.

the first was when the big investor asked for it but now they say it's because sony said they will think about it.

that are two different things.

or maybe i didn't get what you mean.