They also ignore the fact that after the "crash" their stock was higher than it was in mid-december. The day before the drop it was at its highest point in the last year. So you know, perspective.
They also ignore the fact that after the "crash" their stock was higher than it was in mid-december. The day before the drop it was at its highest point in the last year. So you know, perspective.
Anybody who has done any research, even marginally, should have known t wait until earnings were released before buying. Everybody knew that Nintendo was going to miss 9 million by a large number. Most on these boards were thinking that they would hit 5m give or take a few 100k...
There's no interest in reporting this though. A sudden change like monday is a reaction to news. When they drop, a lot of people are then going to buy them up, in anticipation of Nintendo announcing mobile games next week and the price skyrocketing, so this slowly pushes the price back up. There's nothing to report in share gradually going up or down. The news is the sudden change in reaction to something. Whatever happens on the 30th is going to cause a very big change, either up or down, and will get reported.
I think it's kind of sad that a Nintendo enthusiast site even discusses share price - are we investors or something? Honestly the best thing Nintendo could do is to go private so they can kill all these investment analyses and focus on doing their thing without shareholders breathing down their necks. That would be a great use of company money!
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Topic: Nintendo's stock seems to have leveled out
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