Not sure if you guys heard about this new app/game but if you haven't, you will surely hear more and more soon... After one day of its release, it helped Nintendo's stock to surge over 10%... I believe it is a revolutionary game where it helps evolve unsocial gamer kids to social ones. I play soccer every weekend and one of the "poke stops" happened to be where we play soccer, so I had a chance to see its impact on people... Within 1 hour, I probably saw 50 kids and grown ups walking around our soccer field while looking at their phones. Eventually they all started meeting, talking and laughing together... I downloaded too out of curiousity and found myself walking around my apt complex at midnight yesterday just to catch pokemons Overall I like the fact that it motivates everyone to get out of their houses, work out/walk around and meet new people. However, I am sure there are some horror stories in the making too. I believe this thing will be very big and help $NTDOY go higher even more. We will watch and see. I have no positions with NTDOY as it is not possible to buy it through Robinhood. Boo
Pokémon Go's success adds $7.5 billion to Nintendo's market value Nintendo's stock continues to skyrocket following the release of Pokémon Go. After an increase of 9.3 percent with the game's launch last week, the company's share price rose 24.52 percent on Monday to ¥20,260 ($193) — its highest one-day surge since 1983, adding $7.5 billion to the firm's market value. The game has topped app download charts in the US, Australia, and New Zealand, and according to some market researchers, has already been installed on 5 percent of all Android smartphones in America. That's a pretty substantial win for Nintendo, but it's worth remembering that the game is not solely made and overseen by the Japanese gaming company. The app is created by Niantic, an augmented reality game maker spun off from Google in October 2015, and it was built in collaboration with the Pokémon Company. Nintendo is an investor in both Niantic and the Pokémon Company (which receives around 30 percent of Pokémon Go's revenue, says The Financial Times), but the app is free to download, with Nintendo's revenue generated by in-game microtransactions. http://www.theverge.com/2016/7/11/12147600/nintendos-stock-pokemon-go
Tried to open a short position this early morning at $28, but my Scottrade did not allow me to do so.
Im out of pokeballs! This game sucks! I have to walk 3 blocks to the nearest poke stop, Im a grown man dammit... I dont have time for this!
Just go to some park with a walking path and there'll be a ton of pokestops if it's anything like my area. Wife and I went for a walk and I ended up like +50-60 pokeballs walking through because there were like 10 poke stops that you get to hit going each way.
Yeah I got lucky to find it on accident. We usually walk somewhere else but I saw it a couple days ago and it ended up being really good! Not that I'm addicted to this child's game or anything...
Yeah, I was super bullish on Friday and that's when I tried to buy it. I got even more bullish over the weekend but as soon as I saw +30% increase, it made me skeptical... I am not sure if people realize that it increased market cap by approximately $10B in 2-3 days. I said it is a good and revolutionary game but I just can't wrap my head around $10B valuation for a free app game that is just released...Not to mention Nintendo only owns 30% of Niantic and currently only income seems to come from in-app purchases. Their servers don't even seem to be ready for all the volume they are experiencing at this point and it will be open to many criticisms as a . There is a pretty substantial resistance at $28, we will see if the stock can keep this going... I guess people also assume, this nostalgic come back of Pokemon will increase sales of Nintendo's other pokemon products.
Amid frenzy, Pokemon Go leads to robberies and injuries Police in O'Fallon, a suburb of St. Louis, said they arrested the four teens on Sunday after a robbery victim called police from a convenience store. "Using the geolocation feature of the Pokemon Go app, the robbers were able to anticipate the location and level of seclusion of unwitting victims," O'Fallon police Sergeant Bill Stringer said in a release. Social media buzzed with reports of players who suffered minor injuries from tripping and falling while glued to their cell phones and minor incidents while driving and looking for Pokemon. "I catch myself almost walking into things, so I've kind of started playing a little bit less in the street," said Henry Mendez, 32, a parking valet from Los Angeles. http://www.reuters.com/article/us-nintendo-pokemon-crime-idUSKCN0ZR26K
nice profit so far in Japan, i am not giving up this trade till release in Asia and primary data get revealed. Huge potential here
