Topic: Nintendo's Stock Price Reaches Two Year High

[pokepal148]

its wall street, they'll do whatever the heck they want

i actually didn't know that

[Shaymin]

Obviously the WiiU is going to tank SO HARD this fall that they'll start putting everything on iOS.

No, seriously, this is what analysts actually believe.

[nickmitch]

its wall street, they'll do whatever the heck they want

i actually didn't know that

Nintendo's stock trades on the Tokyo (and Osaka?) stock exchange. You can buy ADRs of it in the US though.

[azeke]

First of all speculation based on stock prices is only slightly more accurate than tea-leaf readings.

Secondly, MS and Sony's new consoles are irrelevant to japanese stockholders because they are irrelevant to all of Japan. Even if PS4 will launch this year in Japan it has really nothing tailored for this market.

[broodwars]

First of all speculation based on stock prices is only slightly more accurate than tea-leaf readings.

Secondly, MS and Sony's new consoles are irrelevant to japanese stockholders because they are irrelevant to all of Japan. Even if PS4 will launch this year in Japan it has really nothing tailored for this market.

Well, Knack is made in Japan and I think it could surprise some folks (and hey, Japan has certainly embraced lamer platformers. *cough*NSMB*cough*), but we'll see at TGS if any more otaku-focused games get announced for the Japanese launch.  As for Microsoft, I don't think them labeling Japan a "Tier 2 Country" did them any favors with what little a fanbase they have in that country.

[smallsharkbigbite]

http://www.forbes.com/sites/insertcoin/2013/07/23/five-reasons-why-nintendos-stock-is-surging/


Japanese market is up 40% this year driven by a favorable exchange rate and an influx of foreign capital.  Nintendo is still a ways off their 2011 highs. 


I think it's important to note that this is the time to buy video game stock.  I'm skeptical of Nintendo's long term formula for success, but they should sell bunches of consoles (handheld and home) this fourth quarter, possibly giving a distribution in the spring before they fall back to their normal sales level. 

[Ian Sane]

I think the stock increase is as simple as the fact that the Wii U is about to actually have some games come out.  The whole reason the sales are weak is because the Wii U has jack squat for games.  But a little over a week from now the Wii U will get at least one first party title per month for the rest of the year.  It is incredibly likely that Wii U sales will pick up to some extent during that time so the traders are picking up Nintendo stock assuming it will increase in value as the Wii U sells better.

[Ceric]

The Stock market is nothing more than a Formalized Opinion Poll you pay money to be part of.  Facts have very little to do with it.  Hence Netflix having a solid quarter and its stock dropping.

[Mop it up]

Let us not forget about scalpers either. A lot of the people who have pre-ordered the PS4 and XBONE probably intend to try selling it for profit. Heck, do an eBay search for "PlayStation 4" and there are already people trying to sell the pre-orders.

[smallsharkbigbite]

Scalpers always are there when a console launches.  They are another middle man.  They don't factor into the market unless their is not enough demand for the product.  The Wii U demand was small enough to not stabilize the market initially.  You can speculate that the PS4/Xbox One won't have enough demand to stabilize the scalpers as well, but it's not proof that they can't stabilize.  I think the PS3 had a rough start because of it's launch price, but I still remember it being somewhat difficult to obtain during it's first couple of months. 

[UncleBob]

I think the PS3 had a rough start because of it's launch price, but I still remember it being somewhat difficult to obtain during it's first couple of months. 

Wha...?
I don't remember that at all.

http://www.penny-arcade.com/comic/2007/02/12

[smallsharkbigbite]

I said moderately difficult, I don't believe the system was available online.  They go around town and for an hour and find at most 3 systems at any one store.  I don't live in a large town and my local Toys R Us had 42 Wii Us on Dec 28th.  For comparison purposes there were 2 360s and one PS3. 

[UncleBob]

A part of that was due to a lack of shipping from Sony's part.