That has to be it.  You don't drop a price cut on the spur of the moment.  However, that could backfire, as investors do not like being mislead and it can seem like wishy-washy or desperate management.  Still, it doesn't make a lot of sense either way, there are better ways to put off a question.

Regardless, if the Wii U responds and the 2DS performs well, all will be forgiven.

I wonder, is the 2DS considered a 3DS model?  Will the sales figured be lumped together?  

Ooooh. I thought by stock you meant console stock.

I guess I'm just far too positive.

it is considered apart of the 3ds Family

Nintendo's investors are a bunch of idiots (as if we didnt know that already) who only focus on the shortsighted. This is a very good move, and the sales of both its handheld and console should jump as a result, not to mention it may hopefully take some sales and hype away from X1 and the ps4.

Screw the investors. This isnt really the time to worry about wishy-washy investors but to try and ensure the success of their console (even if they still see it sell far lower than its rivals).

AKA buy now before Pokemon and 2DS hit the market.

Sold when Nintendo stock hit 17.50$ :) So glad. I will be looking in adding a position soon though. The bearish cycle should continue next week with all the talk about Syria, economy and so forth. I'll be looking to add a position in the low 13$ range or 12$. Hopefully Monster Hunter + Pokemon + 2DS will be a catalyst for Nintendo. However, I find it odd that no statement have been released on their investors relations website in regards to the profitability of the 2DS? I mean is it sold at a loss or profit? Furthermore, Nintendo did not change its forecasts as well since the announcement. Will the price-cut affect its profitability if so by how much? So many unanswered questions. No wonder the stock plummeted by 6%.

this.

Unfortunately, Stockholders only really care about making that money. If i were an investor. I think i would be the same

It's not just that Nintendo related news.

Emerging markets have taken a beating, including China.

Which in turn means, despite Abe's fiscal policy the Yen has been gaining value again as the Yen is starting to be seen as a "Safe haven" currency.

Also, you've got to keep in mind, the stock is still way higher then pre-wii when it had a more popular handheld.

Nintendo investors are not idiots.  What nintendo essentially 'said without saying' on Wednesday was the following:

1.  Wii U shipments would have not made the fiscal year number (no warning from Nintendo saying so)

2. This quarters Wii U shipments are going to be critically low once again (possibily below the 160k they posted just last quarter), unless they channel stuff with inventory for the price cut at the end of Sept....if retailers are willing to take the stock

3. The introduction of the 2DS for the west only meant that, even with pokemon and its large lead over the vita, they would have not made those numbers also.

4. Profit margin pressure everywhere.  Selling you highest selling games for 49.99 instead of 59.99, less margin, bad for a company.  The Wii U already sells for a loss, now its selling for a cheaper price (the premium accounts for ~85% of sales) plus game bundles...bigger losses for the console, less margin since a game is included.  The 2DS, which is basically a margin destoryer.  From most published numbers from Nintendo (and Sony) Nintendo has already about ~85% of the dedicated handheld market, which is basically monopoly numbers, so squeezing any basis points of sales from Sony will be expensive.  The 2DS, if anything, will cut into the sales of higher price, higher margin 3DS models.  Im sure in the west as the october date comes close, you will see lower and lower 3DS sales as people gear up to buy the system (ages 4-6 my ass).

So basically we are seeing Nintendo push deeper into the red ocean a la the Nintendo of 1994-2006 where its console business took a back seat to its handheld one and its handheld business introduced new models at rapid clips to stage fronts on the hottest alternative at the time....gamegear, wonderswan, ngage, psp etc

During that 12 year period Nintendo, it stock remain ranged bound near its historic lows, even though the company was making money, net income does not trump sales growth and margin pressue.