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Bloomberg reports that Nintendo's stock price fell by 18%, the maximum amount permitted in one day on the Tokyo stock exchange. The decrease occurred after the company issued guidance that the popular game Pokémon Go should not be expected to bring in much revenue for the company. The game was created by Niantic Inc., of which Nintendo has partial ownership. Nintendo's stock had "almost doubled" since its release.
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Nintendo Stock Price Drops on Pokémon Go Guidance
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Ryan's Law:
Make three correct guesses consecutively
and you will establish yourself as an expert.
(Score: 2, Informative) by Anonymous Coward on Tuesday July 26 2016, @06:23AM
And even then, doing the best due diligence based on the best info available is a crapshoot.
The "best info available" is what the people who are gaming the system to make money from your following their advice make available to you.
Remember when everyone, even the President of the USA, was "stressing" how dire our petroleum situation was back in 2007?
Turns out the gullible ones ( myself included ) listened to to the "experts" and leadership types.
No one thought someone like the President of the United States, would either lie or be so ignorant, given their access to data the rest of us are not privy to.
Either they knew and played along, or were as ignorant as the rest of us as to the true situation.
Either way, they are going to have a helluva time being believed again.
Turns out the President of the United States had just about as much insight as the homeless man living under a bridge. Both him and his family ( Bush family ) were in oil, and they did not know about the fracking technologies coming online and their capacity?
I can recall no clearer case of "focus the camera on my head, relay my carefully modulated gusts of air to the public, and I will use the trust and believeability of my bobbling head to lead the masses into unwise financial decisions in our favor.."
So, good luck with due diligence, trying to make wise investments in a sea of lies.
Incidentally, notice the strong uptick in free house flipping seminars and how they are stressing how to do this using none of your own money? This same thing happened months before the last collapse, leaving all those funders that financed the flippers holding the bag. My neighbor lost his retirement that way... loaned it to his son to help buy a "flipper house" for a fast buck... then the crash hit. The people running the fast money seminars knew banks would not touch this kind of stuff, so the attendees were instructed to "use their head", as some people - like family and friends - would still listen to it.
When it comes to money, there are a lot of highly trained heads that are really good at bobbling and hocking up gusts of precisely modulated air in exchange for your resources.
(Score: 1, Interesting) by Anonymous Coward on Tuesday July 26 2016, @12:40PM
given their access to data the rest of us are not privy to
See, that's the mistake you made. You think they are privy to better information than what you are privy to... Sure, they may see *more* information, but it isn't necessarily better.
"But... but... but... CIA, NSA, DIA, and all that" I hear you say; and I tell you again: yes, they see more information, but it isn't necessarily *better* info. If it were better info, shit like this [mcclatchydc.com] wouldn't happen, yet it does and more frequently than you are privy to...
(Score: 1) by khallow on Wednesday July 27 2016, @01:05AM
No one thought someone like the President of the United States, would either lie or be so ignorant, given their access to data the rest of us are not privy to.
Unless you knew about the previous US presidents who did just that, such as Herbert Hoover or FDR. And I find it peculiar that you obsess over the "petroleum" situation in 2007. Even if Bush said what you claim he said, it wasn't significant (googling around, that rhetoric was spilled while lifting some moratoriums on oil and gas drilling, which I just can't get bothered over) compared to what he did about the real estate crisis (especially given that you speak of that next). I guess everybody has to learn that nobody else truly has your interests at heart no matter what they say.