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Topic: Nintendo Shares Have Risen After PS4 Announcement?

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AddADashOfSalt

1. Posted:

http://mynintendonews.com/2013/02/22/nintendo-shares-have-ris...

Well, I sure wasn't expecting that of all things. Any thoughts on this?

And please don't turn this into fanboy wars

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Pichuka97

2. Posted:

Good news for Nintendo!! Yay!!

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SheldonRandoms

3. Posted:

I have no idea how could that have happened, but maybe more people want a Wii U more then a PS4?

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CapnPancakes

4. Posted:

I believe this is a usual occurrence when a new console is announced. I could be wrong, but at the very least the same happened when the Wii U was announced.

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AddADashOfSalt

5. Posted:

Yeah, I forget if this happened before @CapnPancakez. I do remember stocks went down for Nintendo after E3 (Probably because of how they organized things... Nintendo Land looked horrid at E3 the way they did it)

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shingi_70

6. Posted:

Non news

WAT!

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V8_Ninja

7. Posted:

Huh. That's interesting if nothing else can be said.

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RancidVomit86

8. Posted:

Eh I really don't see this as a big deal at all. It's no indication of what's to come.

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Prof_Clayton

9. Posted:

PS4 stocks went down because investors didn't get a price for the PS4, or a release date.
Since the specs are insanely high (way more GB Ram than Wii U, etc.) the price will most likely be way higher than Wii U. Investors know how well Wii sold, so they transferred their money over to Nintendo. When a price is announced, expect it to increase more. Then when a release date comes, it will go down. This is just how such things work sadly.

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WarioMan

10. Posted:

Its good for Nintendo,at least.

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The_Fox

11. Posted:

If there was a completely logical reason for stock prices rising and falling we'd all be pretty rich by now, wouldn't we?

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AddADashOfSalt

12. Posted:

The_Fox wrote:

If there was a completely logical reason for stock prices rising and falling we'd all be pretty rich by now, wouldn't we?

True enough.

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RancidVomit86

13. Posted:

I picture this turning into the Nintendolife Investment Advice thread followed shortly by the Nintendolife I'm Filing Bankruptcy thread

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Prof_Clayton

14. Posted:

RancidVomit86 wrote:

I picture this turning into the Sony Life Investment Advice thread followed shortly by the Sony Life I'm Filing Bankruptcy thread

I'd like 3 shares of Sony Life please.

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Bankai

15. Posted:

The_Fox wrote:

If there was a completely logical reason for stock prices rising and falling we'd all be pretty rich by now, wouldn't we?

There is.

1) Sony stocks fell for two reasons - 1) Stock tends to rise in the lead up to a major product release as people expect stock to rise and so buy stock. If you look at Sony's stock it has indeed been on the rise. After the product announcement the opportunistic people sell those stock they bought a few months back for a quick profit. That drags the share price back down. 2) there is always, always uncertainty after a major product announcement. This almost always results in a drop in share price. Investors don't tend to like uncertainty.

2) Nintendo's stock rose because of the uncertainty over at Sony. I presume Microsoft's also crept up a little but gaming is relatively unimportant to Microsoft and so the impact of gaming announcements on its share value will be relatively muted.

If you have a understanding of share markets and the psychology behind economics, predicting the movements of the stock market in a segment you have deep knowledge of is relatively easy. The reason I am not obscenely wealthy is that it would be incredibly unethical of me to be investing in these companies :-P

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