1. The official Sherdog Store is back! Check it out! » Discuss it here! »
Violence/Genocide: Do not condone violence or genocide on a person or group of people. You are free to attack a person or groups ideas but you are crossing the line when calling for violence. This will be heavily enforced in threads with breaking news involving victims.

Nintendo stock price plummets as investors realize Nintendo does not actually make Pokemon Go

Discussion in 'The War Room' started by JDragon, Jul 25, 2016.

  1. JDragon Lawn and Order!

    Joined:
    Nov 28, 2010
    Messages:
    19,866
    Likes Received:
    5,985
    Location:
    Germany
    http://www.theverge.com/2016/7/25/12269466/nintendo-stock-plunge-pokemon-go

    "The markets are smart"..well that is one great example to the contrary.

    [​IMG]
     
  2. JosephDredd Gold Belt

    Joined:
    May 29, 2013
    Messages:
    21,006
    Likes Received:
    0
    lmfao amazing
     
  3. Madmick Zugzwang Staff Member Senior Moderator

    Joined:
    Jun 13, 2005
    Messages:
    54,035
    Likes Received:
    9,748
    Location:
    NorCal
    Yeah, a $12bn bump for Nintendo (not Niantic) raised my eyebrow. Love this jpeg that went viral recently:

    [​IMG]
     
  4. Thunderflash500 Banned Banned

    Joined:
    Jun 12, 2012
    Messages:
    11,124
    Likes Received:
    0
  5. MikeMcMann Banned Banned

    Joined:
    Aug 15, 2015
    Messages:
    26,717
    Likes Received:
    0
    They are reactive.

    People are making bets, literally and the earlier the bet the more lucrative, if correct. That means people purposely jump out and buy before all the facts are in (on rumour) knowing that when the facts come out things could change for the better or worse.

    The markets are quite rational in this way.
     
  6. n...not crazy Silver Belt

    Joined:
    Oct 25, 2004
    Messages:
    12,115
    Likes Received:
    1,806
    It's still 8 bucks a share above where it was when it jumped. Put your head in your hands all you want, a bunch of motherfuckers made bank on this. That's the goal of trading stocks.
    As for the people who bought it at 37 bucks? Well... yeah.
     
  7. uncommon Brown Belt

    Joined:
    Oct 13, 2010
    Messages:
    3,094
    Likes Received:
    128
    Do we have any fundemental metrics for nintendo or are we just going to assume the company is junk because of last 2 days performance.

    Hard to get numbers on overseas stocks

    if there are public articles bashing it there might be light at the end of the tunnel if you know what i mean
     
  8. My Spot Marlins 2 titles, Atlanta Braves 1. LMAO!!!

    Joined:
    Jul 4, 2009
    Messages:
    39,698
    Likes Received:
    6,984
    It'll jump back up soon because a bunch of idiots are gonna buy the Mini NES.
     
  9. nhbbear Duty Belt

    Joined:
    Oct 27, 2005
    Messages:
    18,365
    Likes Received:
    3,976
    Location:
    On the wall, pissing off the edge of the world
    I was too old when pokemon first came around, so I did not understand. This came out and I thought I would check it out for my son. Something we could do on weekends, capture pokemon. Well, it did not work out that way. I currently live in my garage, and will give handies for pokeballs, but if you give me a high cp squirtle-well, I'll make you squirtle. I will do ghastly things for a ghastly, and I have got a bad case of krabbies. I will tickle your weedle and make you Growlithe, evee if you don't feel in the mood. All this poke talk is getting me hot, I think I need to spank my mankey, then take a drowzee.
     
  10. Arkain2K Si vis pacem, para bellum

    Joined:
    Dec 6, 2010
    Messages:
    30,109
    Likes Received:
    1,301
    Nintendo is too late for that mobile gaming train, but they sure as hell can make a nice earning call by licensing their IPs to other companies to do all the hard work, while they sit back and enjoy the profits.

    I can't wait for holographic technology to catch up with Yu-Gi-Oh's battle system though :D

     
  11. IDL Steel Belt

    Joined:
    Sep 17, 2009
    Messages:
    25,017
    Likes Received:
    61
    Location:
    Lending money to your government
    Funfact: Keyhole was in large part a CIA company that was rolled into Google.

    "Finally, the CIA-assisted technology probably most familiar to you is one many of us use on a regular basis: Google Earth. In February 2003, the CIA-funded venture-capitalist firm In-Q-Tel made a strategic investment in Keyhole, Inc., a pioneer of interactive 3-D earth visualization and creator of the groundbreaking rich-mapping EarthViewer 3D system. CIA worked closely with other Intelligence Community organizations to tailor Keyhole’s systems to meet their needs."

    https://www.cia.gov/about-cia/cia-m...ersion/stories/cias-impact-on-technology.html

    I'm sure Hanke has made some friends along the way
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.