Nintendo stock value dropped again

#1IcecreamdunwichPosted 1/30/2013 11:05:49 AM
Right after announcing they plan to lose 39 million and sell less hardware and software.
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#2laxnd23Posted 1/30/2013 11:07:44 AM
Did it drop? Or did it just normalize after the bump it got from China lifting the console ban?
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#3VRX3000Posted 1/30/2013 11:09:13 AM
Except they expect to post a profit this time, not lose it.

You know I never understand Nintendo stock. They announce that they expect a profit, and the stock drops. Don;t stock holders want profit? This happens at least once a year whenever Nintendo says something actually good.
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#4Icecreamdunwich(Topic Creator)Posted 1/30/2013 11:10:10 AM
laxnd23 posted...
Did it drop? Or did it just normalize after the bump it got from China lifting the console ban?


Dropped yesterday and today
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#5laxnd23Posted 1/30/2013 11:11:26 AM
Icecreamdunwich posted...
laxnd23 posted...
Did it drop? Or did it just normalize after the bump it got from China lifting the console ban?


Dropped yesterday and today


You miss what I'm asking though. It got a bump because of the console ban lifting. So if it dropped to around pre-bump numbers, then there is absolutely no concern since that is just the stock returning to normal.
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#6Zato InfinitePosted 1/30/2013 11:13:27 AM
It's dropping to the levels they were at around January 11th- the lowest point since the new year. I don't know when the Chinese ban lift occured.
#7ArevinPosted 1/30/2013 11:14:06 AM
VRX3000 posted...
Except they expect to post a profit this time, not lose it.

You know I never understand Nintendo stock. They announce that they expect a profit, and the stock drops. Don;t stock holders want profit? This happens at least once a year whenever Nintendo says something actually good.


Stock holder have expectations, and Nintendo is falling short of their expectations. See dramatically reduced forecasts.
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#8ImGanondorfLolPosted 1/30/2013 11:14:47 AM
So, does this news excite you?
#9geneticsftwPosted 1/30/2013 11:15:29 AM
Stocks rise, stocks fall. Thats kinda what they do.
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#10laxnd23Posted 1/30/2013 11:15:52 AM
Zato Infinite posted...
It's dropping to the levels they were at around January 11th- the lowest point since the new year. I don't know when the Chinese ban lift occured.


The ban lift was like 10 days after that. So it's really not a troubling drop. Also, to say it's the lowest point in the New Year is pretty stupid, considering January 11th was only 11 days after the New Year.
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