Looks like people were selling off yesterday to reap the profits they earnt the day before. However, I feel this stock is still very undervalued. You should check the past few pages for more in depth look at why.
Basically, the DS Animal Crossing game has sold around 7.5 Million copies world-wide and is still selling something like 10K per week in Japan this week, nearly two years after its release! It'll go on to sell something like 10 Million. When the DS version came out, it wasn't very well known in Japan and Europe (the GameCube AC game didn't do too well in these areas), but now it's one of Nintendo's highest selling franchises.
Once again, you should look back a few pages for a more in depth analysis. (page eight and seven are the best to look at) I highly suggest buying this stock. In my opinion, this game will sell 8M-10M in total, maybe more depending on how good the game turns out to be. We should get a look at this game at E3, which is held later on this month.
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.
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Basically, the DS Animal Crossing game has sold around 7.5 Million copies world-wide and is still selling something like 10K per week in Japan this week, nearly two years after its release! It'll go on to sell something like 10 Million. When the DS version came out, it wasn't very well known in Japan and Europe (the GameCube AC game didn't do too well in these areas), but now it's one of Nintendo's highest selling franchises.
Once again, you should look back a few pages for a more in depth analysis. (page eight and seven are the best to look at) I highly suggest buying this stock. In my opinion, this game will sell 8M-10M in total, maybe more depending on how good the game turns out to be. We should get a look at this game at E3, which is held later on this month.