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Proz512
Joined: 17 Aug 2004
Posts: 74
Location: Texas, Ya'll
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Posted: Mon Jul 25, 2016 11:20 pm
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Quote: | for release in Japaan |
You misspelled Japan.
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Gemnist
Joined: 10 Feb 2016
Posts: 1762
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Posted: Mon Jul 25, 2016 11:20 pm
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*Slaps face*
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AnimeLordLuis
Joined: 27 Jan 2015
Posts: 1626
Location: The Borderlands of Pandora
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Posted: Mon Jul 25, 2016 11:22 pm
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Well I'll bet that Nintendo sure is regretting right now that they didn't development Pokémon Go especially with a stock drop that low.
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Lostlorn Forest
Joined: 03 Apr 2014
Posts: 544
Location: USA
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Posted: Mon Jul 25, 2016 11:29 pm
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It was the hard choice but the right one. I'm hoping their goodwill is going to pay off.
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kiminobokuwa
Joined: 18 Sep 2015
Posts: 547
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Posted: Mon Jul 25, 2016 11:30 pm
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They should've kept their mouth shut. I mean, by a business stand point they did the right thing by reminding people not to invest in something they didn't create. It was to save their reputation and stuff but still, a shame their shares dropped. Maybe they can team up with the Pokémon GO developers to make the format apart of their company. It could be worth it!
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GATSU
Joined: 03 Jan 2002
Posts: 15628
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Posted: Mon Jul 25, 2016 11:38 pm
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Don't you just love funny money? Especially when it's assessed by people who get paid to be bad at accounting?
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samuelp
Industry Insider
Joined: 25 Nov 2007
Posts: 2252
Location: San Antonio, USA
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Posted: Mon Jul 25, 2016 11:43 pm
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kiminobokuwa wrote: | They should've kept their mouth shut. I mean, by a business stand point they did the right thing by reminding people not to invest in something they didn't create. It was to save their reputation and stuff but still, a shame their shares dropped. Maybe they can team up with the Pokémon GO developers to make the format apart of their company. It could be worth it! |
Better now than later.
Investors tend to act irrationally in the short term and rationally in the long term. Allowing their stock price to stay artificially high for longer doesn't help Nintendo much (it's not like they need to raise capital), and it could hurt the company's rep if it causes inflated earnings expectations later.
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Mr. Oshawott
Joined: 12 Mar 2012
Posts: 6773
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Posted: Mon Jul 25, 2016 11:44 pm
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I say the investors are more at fault than Nintendo is for rashly putting their stocks in. They should've already been aware by now that Pokémon GO was only Game Freak and Niantic's idea and that Nintendo only partially funded it.
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doubleO7
Joined: 17 Jul 2009
Posts: 1075
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Posted: Tue Jul 26, 2016 12:10 am
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AnimeLordLuis wrote: | Well I'll bet that Nintendo sure is regretting right now that they didn't development Pokémon Go especially with a stock drop that low. |
Probably not. Nintendo themselves don't develop Pokemon games. A Nintendo-developed Pokemon app was never on the table in the first place. They clearly anticipated this stock flux as they smartly made no changes to their financial forecast despite the surge in capital following the games launch. At most, they're probably just rolling their eyes at the ignorant investors blindly throwing their money around.
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H. Guderian
Joined: 29 Jan 2014
Posts: 1255
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Posted: Tue Jul 26, 2016 12:13 am
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If someone asks, if you are a God...
...you say YES!!!
Kinda a funny story, this is.
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Afezeria
Joined: 20 Aug 2015
Posts: 817
Location: Malaysia, Kuantan.
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Posted: Tue Jul 26, 2016 1:14 am
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Heh, honesty in big businesses is not something you see everyday. Good for them on that part, though too bad about the drop. The investors just got way too shook up apparently.
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residentgrigo
Joined: 23 Dec 2007
Posts: 2625
Location: Germany
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Posted: Tue Jul 26, 2016 1:52 am
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The stock market is so dumb . Spoilers: Nintendo doesn´t even own Pokemon, they only have a stake in them and applications as GO are as un-Japanese as current video games get. Who knows what the lessons learned here will be.
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TrueZangetsu
Joined: 15 Apr 2016
Posts: 191
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Posted: Tue Jul 26, 2016 2:06 am
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Nintendo should ask Niantic for a stronger corporation in terms of development Pokémon go has many mechanics that are weird and don't resemble the real Pokémon games.
For example you don't attack wild Pokémon to weaken them. You just throw the ball. That's not how Pokémon works and Nintendo can fix some of these issues because they know their franchise the best
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relyat08
Joined: 20 Mar 2013
Posts: 4125
Location: Northern Virginia
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Posted: Tue Jul 26, 2016 2:09 am
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Mr. Oshawott wrote: | I say the investors are more at fault than Nintendo is for rashly putting their stocks in. They should've already been aware by now that Pokémon GO was only Game Freak and Niantic's idea and that Nintendo only partially funded it. |
residentgrigo wrote: | The stock market is so dumb . Spoilers: Nintendo doesn´t even own Pokemon, they only have a stake in them and applications as GO are as un-Japanese as current video games get. Who knows what the lessons learned here will be. |
To be fair, as stated, Nintendo is the only one of these companies that is publicly traded. As an investor myself, it makes sense to invest in something as closely as possible. Pokemon Go is the kind of phenomenon that is hard to pass up on, so if you can't invest directly in the company who makes it, going for the next best thing makes a lot of sense. This market is driven by emotions and trends after all. Who actually owns something is kind of irrelevant when the price fluctuations are entirely independent.
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MrTerrorist
Joined: 20 Oct 2010
Posts: 1348
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Posted: Tue Jul 26, 2016 3:45 am
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It was a right and honest thing to do. Respects for Nintendo for telling the investors the true.
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