lmao
Currently rally is likely speculation of 20m being hit and people bidding up the price on speculation.https://www.fool.com/investing/2019/01/14/3-apple-buyout-candidates-that-dont-make-sense.aspx
https://nintendeal.com/news/shares-...ested-apple-should-purchase-the-gaming-giant/
"The rally behind the rising Nintendo stock will likely be short-lived as the potential for a merger or acquisition are completely unclear and at this point purely based on media speculation. "
The 20 million prediction and super strong Super Smash Bros. Ultimate sales commentary are also in the article.Currently rally is likely speculation of 20m being hit and people bidding up the price on speculation.
Most analysts are kind of clueless when it comes to Nintendo and have tunnel vision on things like pursuing mobile gaming and so they roll their eyes whenever Nintendo doesn't completely sell out and continue with their decades-old business model.I've always found Nintendo's stock price in any short term view (1 month, 3 months, even 6 months) to be an incredibly unpredictable thing. It suggests that their investors are very fickle, and that in turn suggests that actually, articles like this one do have an impact.
If you look at their price just before Switch announcement and compare it to today, then that tells you all you need to know. As to why it's dropped so much from last year, I honestly believe it says more about the people that have invested than Nintendo themselves. I mean, 2019 and 2020 have the potential to be enormously successful years for Nintendo. I've no idea why you would sell your stock in 2018. Seems crazy to me.
More specifically on topic though, if Nintendo didn't sell off the back of the Wii U (bare in mind all of their incredible IP had some of their series highlights on that platform, yes I'm including BotW in that) then I'm struggling to see any reason why they'd do it mid-way during the success of Switch.
Comment on what now? Your fucking ultra-capitalist fan-fic?Apple declined to comment. Nintendo did not respond to requests for comment.
I realize this article is ancient in bad-take-time, but I just had to pop in...
Comment on what now? Your fucking ultra-capitalist fan-fic?
It's utterly laughable how they feel the need to include this just to endow some sense of "journalistic due diligence" into an ill-conceived op-ed.