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Forums - Gaming - I told you guys to sell your Nintendo stock

Acevil said:
Kerotan said:
The price has dropped a lot very quickly it must be said.


Since I do love Financial events, it was really a given. If it stayed high, I would worry, because buying becoming that high you are creating a bubble. As long as it is significantly above the first day event it is still good. I think since the announcement it still up by 28-30%. I still think it will be settle around 20-25% mark. Which would be if I remember correctly around 17.50.


Yeah we should do a review in a month 



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kowenicki said:
Kerotan said:
The price has dropped a lot very quickly it must be said.


why?

its called profits...

what do you want this to mean?

 


It means exactly what it says on the tin. Make of that what you wish. 



Kerotan said:
Acevil said:


Since I do love Financial events, it was really a given. If it stayed high, I would worry, because buying becoming that high you are creating a bubble. As long as it is significantly above the first day event it is still good. I think since the announcement it still up by 28-30%. I still think it will be settle around 20-25% mark. Which would be if I remember correctly around 17.50.


Yeah we should do a review in a month 


You do know different things could effect the stock price in a month. Sometime next week will most likely be a better judge.



 

I didn't have any free money to invest in Nintendo before it shot up.
Instead I put 1000 in sony and I'm up roughly 7%



Acevil said:
Lawlight said:


So, you will donate to the company?


I assume it is "I want to be owner of the company" or "I think they will be sucessful and give good dividend yields". 


More like the last one. But even if they didn't have good dividents at a given time, I wouldn't invest, knowing that I would eventually see a return, but with the health and direction of the company in mind above personal gain.

I wouldn't invest in ExxonMobil or Shell for example.



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It will tail off and stabalize as the short term guys cash out. You will see some more bubbles and hikes after major announcements if they seem positive enough. The whole mobile news means that a massive new group of people are now watching the stock and will participate if they feel that it's beneficial to them.