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Forums - Nintendo - Yahoo: The 'Wii Crash' of 2009

dougsdad0629 said:

I didn't read any of the other posts, so I don't know if anyone else said this, but here it goes.  There have been A LOT of articles like this on A LOT of different websites lately.  If Joe Consumer reads this often enough, he will believe it.  Even if it's not reality now, these articles have the potential to create that reality.

Most of the posts have been pretty much saying the same thing.

And yes, it's easy to dismiss all of these early warning reports if the only thing you're buying are games and peripherals (people seemed to have stopped buying Wiis for the purpose of flipping them on Ebay thankfully), but if you're actively holding NTDOY stock, this is just that: a warning. Ignore it only if you're feeling pretty omniscient about future trends and ignoring the mainstreet effect on investor confidence.

Those numbers paint a different picture currently. Down five points today, down six points last Friday. At the end of last month, it was sitting at just under $40; it's now trading at $31.39. That's reason enough for me to be concerned as an investor; not as a consumer.

Nintendo doesn't need cheerleaders right now telling them they can do no wrong.

What they need are strong indicators that they will continue to see growth over the next quarter as well as positive news that will sustain growth over the remainder of 2009.

Because the facts are, the only way anyone's been making gains from NTDOY lately has been by short selling the stock. And that's not good for Nintendo.

 



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outlawauron said:
MaxwellGT2000 said:

Wii crash... even though year over year is up that's funny *goes and puts money in Nintendo stock*

We need to have Reggie or Miyamoto in the place of the pope.

 

Better?



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greenmedic88 said:
dougsdad0629 said:

I didn't read any of the other posts, so I don't know if anyone else said this, but here it goes.  There have been A LOT of articles like this on A LOT of different websites lately.  If Joe Consumer reads this often enough, he will believe it.  Even if it's not reality now, these articles have the potential to create that reality.

Most of the posts have been pretty much saying the same thing.

And yes, it's easy to dismiss all of these early warning reports if the only thing you're buying are games and peripherals (people seemed to have stopped buying Wiis for the purpose of flipping them on Ebay thankfully), but if you're actively holding NTDOY stock, this is just that: a warning. Ignore it only if you're feeling pretty omniscient about future trends and ignoring the mainstreet effect on investor confidence.

Those numbers paint a different picture currently. Down five points today, down six points last Friday. At the end of last month, it was sitting at just under $40; it's now trading at $31.39. That's reason enough for me to be concerned as an investor; not as a consumer.

Nintendo doesn't need cheerleaders right now telling them they can do no wrong.

What they need are strong indicators that they will continue to see growth over the next quarter as well as positive news that will sustain growth over the remainder of 2009.

Because the facts are, the only way anyone's been making gains from NTDOY lately has been by short selling the stock. And that's not good for Nintendo.

 

Lol I was going to answer that to the person saying they were gonna buy more Nintendo Stock.

 

It's funny how many people will comment on the stock while having no clue on how it is actually performing...

 



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

MaxwellGT2000 said:
outlawauron said:
MaxwellGT2000 said:

Wii crash... even though year over year is up that's funny *goes and puts money in Nintendo stock*

We need to have Reggie or Miyamoto in the place of the pope.

 

Better?

YES! Win!



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Here's PART of the problem with the Wii, IMO. There have obviously been a lot of people buying HDTVs the last couple of years in anticipation of the digital conversion. I know graphics aren't everything, but I didn't pay thousands of dollars for my 52" HDTV just to play games in 480p. I could never own ONLY a Wii. If I had to decide to keep my PS3 or keep my Wii, it's no contest. The Wii would be out the door before you could blink. I think there's at least a small part of the population that is interested in the Wii, but absolutely refuses to buy it because it's SD.



Keep this in mind when reading what I type...

I've been gaming longer than many of you have been alive.

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this is stupid . there been nothing released for the wii in japan worth while the wii numbers will double next week because of monster hunter g



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NINTENDO

nintendo forever . . .

Anyone else every notice the console(in each gen) with the least powerful system always sells the best?

Snes
Playstation
Playstation2
Wii



sponnyroad said:
Anyone else every notice the console(in each gen) with the least powerful system always sells the best?

Snes
Playstation
Playstation2
Wii

 

SNES was way more powerful than the Genesis.  I had a buddy who attended Digipen for game programming back in the day.  He had to drop out for health reasons, but he said he had to sign confidentiality agreements and all he could tell me was that there were some things the SNES could do that we never got to see.



Keep this in mind when reading what I type...

I've been gaming longer than many of you have been alive.