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Chapter 024 Video Games

At noon, the investors in the securities trading company began to walk towards the convenience store where Lin Yaren was located as usual.

Lin Yaren is no longer a novice, and he doesn’t have to be busy with a related replenishment. He has already gained experience, and those will be less than that at this time.

After the lunch time of this wave of investors has passed, it is not too late to replenish the stocks on the shelves without any haste.

A man wearing a Nike hat and about forty years old walked in with a smile on his face and went straight to get the most expensive bento and a bottle of sugar-free tea drink.

"Mr. Watanabe, did you make money by buying stocks?" Lin Yaren met the other party and saw that his lunch today was different from eating only the rice balls on weekdays.

"No, but it's considered an unlucky situation. As soon as the stock market opened today, Nintendo Co., Ltd.'s stocks were rising all the way.

Before this, I was trapped by this stock. Fortunately, I persisted and did not cut my losses and left the market. I saw its successful rebound." Mr. Watanabe replied happily.

"It's indeed a gratifying thing. Are you planning to continue holding or selling?" Lin Yaren got a clear signal from his words that Nintendo Co., Ltd.'s stock has had abnormal movements, and it seems that it is about to start to surge.

After a period of suffering from being trapped, Mr. Watanabe has become a frightened bird. He finally got out of the trap, but he didn't want to be trapped by the same stock again: "I decided to sell it as soon as the market opened in the afternoon."

"I have read a news report that a new factory of Nintendo Co., Ltd. has been completed." Lin Yaren expressed her tactfully that he felt that he would not have to rush to sell the stock in his hand.

Mr. Watanabe conducted a subjective analysis with the accent of a long-time stock investor: "I also know the news report you mentioned.

In my personal opinion, one of the reasons is that there may be quite a difference between reality and report. The favorable news deliberately released by the dealer.

Secondly, even if it is true, the dealer may take the opportunity to perform a series of operations. As for their purpose, it is nothing more than allowing more retail investors to join in.

Third, Nintendo Co., Ltd.'s stock performance has always been poor in the stock market, which may have made its management unable to sit still.

Or the major shareholders of their company put pressure on management. They released this news through relevant media in order to revitalize shareholders' confidence in Nintendo Co., Ltd.'s stock."

"I think Mr. Watanabe's analysis is quite reasonable. Taking advantage of the time when the dealer opened his pocket and lured someone in, it was a good opportunity to escape.

Once the banker is tied tightly with his pocket, he will be trapped again." A middle-aged man wearing glasses immediately agreed with his statement and expressed his own point of view.

Mr. Watanabe immediately echoed: "I think so too. If I rely on just a news report, I feel that Nintendo Co., Ltd.'s stock will rise sharply in the future, and there is no basis or reason.

Whether a company's performance is excellent depends mainly on the sales performance and performance of its main products in the market.

Nintendo Co., Ltd.'s main products are still old, which inevitably makes people feel that it has been relying on its old capital, and it feels like it is going down.

Even though I have long heard that Nintendo Co., Ltd. has launched new products or even transformed, I have never seen any official releases.”

Soon, a man who looked about sixty years old looked at Lin Yaren and showed obvious ridicule.

As he said, he looked around: "I see that the young clerk of this convenience store must have never traded stocks.

If we can tell the quality of a certain stock from a news report, wouldn’t it be too easy? We don’t have to look at the K-line chart and wait for those!”

As soon as these words were spoken, they even responded to the crowd. Some of them expressed their consent to the old man and their ridicule of Lin Yaren.

"What stocks do young people know? They only know how to play with fun. However, there is not much money in this pocket.

Even if he wants to trade stocks, he has no capital." The store manager did not stand with his own clerk because he was also a retail investor in stock trading.

Lin Yaren faced all this calmly, and looked completely unmoved. In his mind, retail investors in the world are the same, and they play and play the role of leeks in the stock market.

He was too lazy to compete with them for a red face and a thick neck. If their stock trading level was high enough, would they still be here? It definitely won’t be, let alone just a retail investor.

"The rise and fall of stocks at a very high and low time is really not much of a reason for the rise and fall of stocks, and it is like making a judgment based on personal experience.

Although Nintendo Co., Ltd. is an old RB company that has been around for nearly a hundred years, it does not mean it is good. If I remember correctly, a few years ago, in the late 1970s, Nintendo Co., Ltd. officially announced that it would enter the electronic game industry.

After so many years, I have not seen any improvement in this regard. I wonder if you know the Atari company in the United States? This company started with electronic games.

However, just last year, on Christmas in 1982, its parent company Warner forced Atari to create the movie "E.T. Alien" adaptation of the same name in just 6 weeks.

Because its quality is extremely bad and is seriously inconsistent with the publicity, it was despised by players after its release. Atari only sold 1.5 million game cartridges.

A large number of games can only be ruined in the warehouse, and Atari's reputation also fell to the bottom. How to say this thing about electronic games? It's not reliable." The old man gave a resounding example and said.

At the same time, some older investors expressed their agreement. In their opinion, electronic games are not good at all, and they would not have thought that this new type of entertainment would lead to future leisure and entertainment methods, or even revolutions.

Of course, Lin Yaren knew that what the old man was talking about was the later Atari collapse or Atari impact. His parent company Warner had to split the generation of overlords and sell it, which directly led to no one in the North American game industry for four years.

Atari lost control of the North American market, and the nearly three-year glacial period shrank the original $3.2 billion game market to about $100 million in 1985, a drop of more than 97%.
Chapter completed!
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