Hold or sell?

Skullbone
Skullbone

As we all know, NTDOY has taken a few plunges this week. Also, Nintendo said they would not adjust their earnings predictions - which supports the narrative that they are not actually going to get a good cut from Pokemon Go's revenue. However, the Japan release has been hugely successful, with rumors going around that it has made in one day what it took North America to make in a week. Taking all of that into account, should I hold? There is definitely an argument for holding, and Nintendo will experience growth from this if they continue expanding into the mobile market in the long run, That being said though, the argument for selling is also fairly convincing, and almost every analyst is saying that NTDOY is going to wrap the rope around its neck on Monday, and kick the chair on Wednesday when the ER comes out. What should I do guys?

CodeBuns
CodeBuns

No one ever lost money taking a profit

If you're up, just take it and wait until after ER if you believe it'll go up in the long run

Fuzzy_Logic
Fuzzy_Logic

@CodeBuns
It actually kind of evened out for me. I bought at 23, bought more at 35, and now i'm taking a loss now that it has dropped at 29. Not my smartest investment, and at this point I'm just wondering if I can get some money back in the short run so that my loss is not as big when I pull out.

Stupidasole
Stupidasole

@Skullbone
Wait till holiday season when their new console comes out.

Emberfire
Emberfire

Sell. It's massively inflated right now on hype.

Is Pokeman Go even making money?

Nintendo's consoles are a joke and about 2 steps from being completely wiped from the earth.

FastChef
FastChef

@Fuzzy_Logic
If you're at break-even and you want to hold your investments, I'd sell the start of Monday now that it's sitting around 29, then pick up late Monday if expectations are that ER will tank it. You'll take a slight hit on capital, compared to where you started, but you'll be able to cash out a few bucks while picking up your Nintendo investments again. Depending on what your broker charges, of course.

Fuzzy_Logic
Fuzzy_Logic

@Emberfire
lol is pokemon go even making money

about $5mil/day
cost $30mil to produce
who knows what operating expenses are, but less than $5mil/day

Supergrass
Supergrass

There's Pokemon X and Y that will be released soon, so the current state of Pokemon Go might drive up the sales upon release.

Inmate
Inmate

take profits.

hairygrape
hairygrape

@Fuzzy_Logic
I bought at $12 and believe in Nintendo' business model so I'm not concerned. Another thing to keep in mind is that they do pay a quarterly dividend regardless of every single financial site's inability to display that information.

Gigastrength
Gigastrength

@Emberfire
Pokemon Go is making money but that's irrelevant. Nintendo jsut got a trojan horse, an app that can push Nintendo marketing messages, into hundreds of millions of people's pockets across the world.

Got Nintendo Stock? fucking HOLD, this could get back up to 2007 levels.

Harmless_Venom
Harmless_Venom

@hairygrape
At least take your profits and wait for the dips, then invest for the long run.

Carnalpleasure
Carnalpleasure

@Gigastrength
Good point. Might buy if it crashes post earnings.

Skullbone
Skullbone

@Harmless_Venom
this thank you

Spazyfool
Spazyfool

@Skullbone
if they continue expanding into the mobile market in the long run

That would require a cultural sea-change at Nintendo. One that Pokémon Go may or may not trigger, desu senpai.

Soft_member
Soft_member

HOLD

NINTENDO WILL BE ANNOUNCING NES GAMES MORE MOBILE VERY SOON

Inmate
Inmate

@Skullbone
Sell, but buy again after the ER.

likme
likme

@Supergrass
Pokemon Sun and Moon, not X and Y...

In my opinion, Nintendo stock will hit 38 again at the beginning of August. Sold mine at 36.40$. Doing a short. The stock will get lower at the NX announcement at the end of the year and it will gets higher in March, when the new Zelda will release. Nx hype will be depending of the general opinion on the internet.

massdebater
massdebater

@Fuzzy_Logic
Buy high sell low,lol, fuck this place and the noobs.

Listen up fucker, a lot of people selling right now to take profit, just wait a couple of month until there are less seller.

Methnerd
Methnerd

@Skullbone
I don't know. My stock already took a pretty big plunge, but Pokemon Go released in Japan friday and I just kinda hope that they needed the weekend to chew on it and it'll go up later today when the market opens.

Fuzzy_Logic
Fuzzy_Logic

@Skullbone
Ha ha ha, this is what happens when fools buy on news. Thank god I stick to my indices and didn't buy this shit when Veeky Forums was jerking over it all over a few days ago.

Lord_Tryzalot
Lord_Tryzalot

@Methnerd
yep, that is a stock, it goes up and down. if you can't handle a few dips, than stocks aren't for you, friend.

Skullbone
Skullbone

@hairygrape
Nintendo's business model is one of the most inefficient in the market.

PurpleCharger
PurpleCharger

@Skullbone
Let's see you back that statement up with any kind of explanation.

askme
askme

@Fuzzy_Logic
what's so bad about buying on news/company announcements?

Evilember
Evilember

Just buy the fucking dip

/V/ here they just gave new info about the nx. It's going to be a handheld (first) that can be used as a console as well so now you can play Pokemon on your console without having to buy a separate handheld just to play Pokemon. Basically Nintendo is actually two console producers with their own unique IPs each. The nx will open this shitty wall and all of Nintendo will be on one console instead of having a Wii u and a new 3ds. Handhelds sales are always 100mill + while consoles usually do under half a million in sales except the Wii.

Tl;dr the successor to the Wii has been all but confirmed.

Also speaking on vidya stock ATVI is dipping today because they are gonna have a conference call at the end of the week and everyone is selling their stocks because bad news. This is just a ploy for insider trading. They heavily teased a new hearthstone adventure which has not hit any of the fake game journalism websites (Kotaku) just yet so its fresh info. Two days from now at this Asian event they are going to announce the new adventure for a game that is all micro transactions. If you buy the dip it'll be a safe gain of prob 2-3 percent gain.

DeathDog
DeathDog

@askme
they're 50/50 shots
but people take 100% risk and typically don't hedge.

TechHater
TechHater

@PurpleCharger
They could have gotten into the mobile department a long time ago which all the shareholders wanted but iwata did not want that shit because it would be shamefur dispray and dishonor the Mario's so it was intentionally avoided. After he died the new yakuza president doesn't give a fuck about being so family friendly and cares about hard cash only. Made pokemon go happen and got rid of making top execs in their marketing videos to stop presenting them like wrestlers on TV. Also new Zelda going open sandbox like most modern games instead of dungeon crawling shit. Nintendo entered a new golden age of profits with this ice cold president but he may just milk then dry and sell them out but who cares because money.

eGremlin
eGremlin

@Gigastrength
No way.

The Wii release won't be replicated. Not a fucking chance.

New_Cliche
New_Cliche

@eGremlin
Read up u nig it's already on it way.

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