Nintendo company is in trouble. stock down almost 15% in 2 days,

#1acdimpsPosted 7/28/2011 8:34:47 AM
http://www.google.com/finance?q=PINK:NTDOY

talk about harsh. shareholders will not be happy.
Over the past 3 months, nintendo's stock is down THIRTY THREE(!) percent
#2SakurafanboyPosted 7/28/2011 8:36:00 AM
Eh, watch it soar up again when the holidays roll around.
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#3VampiricDragon_Posted 7/28/2011 8:37:44 AM
do you follow stocks?

They go up and they go down whenever theres news positive or negative.
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#4BearpowersPosted 7/28/2011 8:37:46 AM
It was already down 10% because of the WiiU.

So it's went down 25% since E3?

Sucks to be them.
#5acdimps(Topic Creator)Posted 7/28/2011 8:38:57 AM
VampiricDragon_ posted...
do you follow stocks?

They go up and they go down whenever theres news positive or negative.


did you read what I said about the past 3 months, being down 30+ percent? thats bad. really bad.

Sony is down as well over the same timeframe, but as much. Both stocks have very similar market caps, so I can easily say that sony company is in a better position than nintendo.

and yes I follow stocks.
#6trenkenPosted 7/28/2011 8:38:58 AM
They are in a nasty tailspin right now with people losing confidence in their ability to get back to where they were 5+ years ago, but they'll eventually recover, they always do.
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#7vidalmorazaPosted 7/28/2011 8:39:22 AM
acdimps posted...
http://www.google.com/finance?q=PINK:NTDOY

talk about harsh. shareholders will not be happy.
Over the past 3 months, nintendo's stock is down THIRTY THREE(!) percent


Do you know stock market?

Just the stock has less value, the money they had, for the DS and Wii, is in a vault without any change...
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#8acdimps(Topic Creator)Posted 7/28/2011 8:42:54 AM
vidalmoraza posted...
acdimps posted...
http://www.google.com/finance?q=PINK:NTDOY

talk about harsh. shareholders will not be happy.
Over the past 3 months, nintendo's stock is down THIRTY THREE(!) percent

Do you know stock market?

Just the stock has less value, the money they had, for the DS and Wii, is in a vault without any change...


Do you know business 101. Poor stock performance is indicative of low consumer and investor confidence, two things any huge multinational corporation LIVES off of.
#9VampiricDragon_Posted 7/28/2011 8:43:17 AM
acdimps posted...
VampiricDragon_ posted...
do you follow stocks?

They go up and they go down whenever theres news positive or negative.

did you read what I said about the past 3 months, being down 30+ percent? thats bad. really bad.

Sony is down as well over the same timeframe, but as much. Both stocks have very similar market caps, so I can easily say that sony company is in a better position than nintendo.

and yes I follow stocks.


And then when it goes back up 30 percent are you going to make another topic?

Didnt think so
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Games to Watch: SRW OG 2, SMT Devil Survivor 2, Grand Knight History, 7th dragon 2020, Paper Mario 3ds, Dragon Quest X, FF Type-0, LoH: Trails of Blue
#10MageofBlood391Posted 7/28/2011 8:45:05 AM
Guys, you can't honestly be defending a 30% stock decrease. Regardless of your faith in Nintendo, that's really not a good sign. They're in a damn tough spot right now.
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