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.
Fizzle, I'd encourage you and others to hold onto this stock for a few months. At least until E3, when we may get info on the game. And later in July, we may get updated sales info from Nintendo on both Wii hardware and AC DS. Getting a quick 10% gain is always great, but there's a possibility for a 50-100% gain in the mid-to-long term. As you mentioned, overall the stock is moving up. I bought early and held on, and have a 78% gain already, and there's no way I'm going to sell anytime soon. The stock is still too undervalued.
To recap for those who haven't read earlier posts, Animal Crossing on DS has already sold over 4 million copies in Japan, and over 1 million in each America and Europe, with total shipments reaching 7.5 million, and is on pace to sell at least 5 million in Japan, 2 million in America and 3 million in Europe, for a total of 10 million sales.
You're mistaken. This game has been trending upwards consistently (as you can see by the chart). However, people like to cash in on "quick gains" when they see a 10%+ increase. I know that when I see a few days of solid increase on this stock, it's going to have a day when it goes down. However, it will make up that ground and then some more the next couple days. I'm not too concerned with my investment on this stock at all, and you shouldn't be either.
It'll get to where it's supposed to be, but not until there more information on the game.
I think that this stock is easily worth 600 DKP, but I'm not too concerned about drops like we've seen today. I'm in it for the long haul and I think this stock will pay off in the long run.
Skies the limit so long as Nintendo can keep up the Wii momentum.
Animal Crossing coming in 2008 means Nintendo will be in DS territory when it comes to market.
This predictive market is not about what it will do at launch, but through the lifetime of sales. Now is the last chance for huge profit on this stock!
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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.