The reason, I believe, is that many users who bought early on are now selling their shares. It's hard to keep so many shares tied up and watch the price go down and down and down. They sell, and the stock goes down some more. Keeping money tied up while other games are gaining or selling 10% to 15% each day can rearrange your vested interests quite easily.
You're telling me that people think this will sell 4.5? Ok we'll see how much this boosts after E3 god willing they announce details and screens. 4.5 LIFETIME sales? Doesn't fit for me, interesting to see how it plays out.
I agree, the Wii version should be able to stuff more substance into the game. However, whereas the DS version can get away with multiple copies per household, multiple copies of the Wii version in a single household just doesn't make sense.
Now whether a more substantial game can entice more people to buy or whether there would be a more significant reduction of copies sold due to the nature of console games is still up in the air.
I think the potential upside of a Wii version is that there's a great potential for content and WiFi features. If they can create an even more engaging experience (both offline and online), it could attract people who wouldn't consider a handheld game. Plus having more content and activities could bring in those who find the DS game a bit shallow.
"I wish everyone would sell for a couple of days just so I could get beyond the diversification rule and buy as much of this thing as physically possible. That way, when it inevitably makes it to ten million, which, in the long run, I am exceedingly sure it will, I would be incredibly well off."
"My hope is that this will get voted down and people, out of fear of my ignorance and zeal will sell like wild fire enabling me to buy tons of shares."
He did make some good points, and I agree with those good points. His comment leaves a bad, selfish after taste. These type of comments get bid down all the time, the only difference in this case is that some good analysis, pointed out already before his comment, was added.
And I actually agree with you more. I don't see this stock approaching the numbers of the DS incarnation. The DS simply has a wider potential user base.
Not sure for the reason for downbidding Gasdark, he made some good points, I think some people only read the beginning parts of someone's comments before bidding. I agree with Gasdark, though, that this game will sell well, though I think more in the 7.5 million range. The series is addictive, fun and if they implement the online portions in Animal Crossing for the Wii correctly it could turn out to be like WoW, in a sense. I personally don't think this game will sell as well as its DS counter-part, I think the combination of addictive gameplay, community (the ability to go into other friends towns) and portability (I think the most important factor) is what caused Animal Crossing: Wild World to be so successful. Even though this game will have more things to do; probably better mini-games and (hopefully) re-introduces the feature to earn nes games, I really don't see this game selling as much as the Animal Crossing on the DS.
In my opinion, the downbids on his post is not as much a deterrent to potential buyers as the self-serving agenda he explicitly stated in his post.
I myself have invested in this stock and I also believe that this stock is still undervalued, but I don't go around telling people to buy this stock so I can profit more.
I'm pretty sure Gasdark was being facetious with his "sell now so I can buy low" comments. No reason to downbid his post, when he was really just adding his voice to the chorus rating this a strong buy.
For the misinformed or uninformed folks who don't realize the huge upward potential of the stock, seeing such a post downbid probably doesn't give them a lot of confidence in buying it.
Gasdark is right: The series IS, to many, crack cocaine in video game form. Its a phenomenom in Japan, and is starting to become one in Europe. Its going to sell 10 million copies on DS, and will likely repeat that feat on Wii.
I agree with every comment that insists that people stick with this stock, except that, to be honest, I wish everyone would sell for a couple of days just so I could get beyond the diversification rule and buy as much of this thing as physically possible. That way, when it inevitably makes it to ten million, which, in the long run, I am exceedingly sure it will, I would be incredibly well off.
The market potential for this thing is enormous. If it were released tommorow it would sell a million or so very quickly. But it's real power runs long term. As the wii expands and expands over time, and trust me, it will expand, this game will, almost definitely, become a must own item for wii owners all over the place. It appeals to children and adults alike. It's the sims, but even more accessible. It's Viva pinata, but much more popular. The series is, to many, crack cocaine in video game form and it will, no doubt, continue to be.
My hope is that this will get voted down and people, out of fear of my ignorance and zeal will sell like wild fire enabling me to buy tons of shares. But, if anyone is smart, they will feed vicariously off of my assuredness and catapult this, without hesitation or fore thought, into the 900-1000dkp range. Hell it's going to happen sooner or later.
3