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f13.net General Forums => News => Topic started by: Wolf on May 15, 2006, 02:45:14 PM



Title: Sony shares fall 3% in 5 days
Post by: Wolf on May 15, 2006, 02:45:14 PM
Sony shares fall 7% in 5 days

(http://img112.imageshack.us/img112/4504/w7zy.png)

Not sure if it's true, piccy was linked by a friend of mine. That's the source (http://www.neogaf.com/forum/showthread.php?t=100981)


Title: Re: Sony shares fall 7% in 5 days
Post by: Fabricated on May 15, 2006, 02:47:53 PM
http://money.cnn.com/quote/snapshot/snapshot.html?pg=sn&sid=4526&symb=Sony&time=10dy&uf=0

Uh, no.


Title: Re: Sony shares fall 7% in 5 days
Post by: Wolf on May 15, 2006, 02:51:42 PM
uh.
It's the same graph. I need to call AW to ask for some graph comprehention lessons. Anyways.

SONY'S SHARES GO DOWN BY 3%. THE END OF THE WORLD IS COMMING.

den if you decide so, sorry :/


Title: Re: Sony shares fall 7% in 5 days
Post by: Merusk on May 15, 2006, 02:53:49 PM
Yeah it's a math problem.  Someone took $47(the low price on Monday) and divided it by $50.5 and got .69.. omg 7% drop!


Title: Re: Sony shares fall 3% in 5 days
Post by: Wolf on May 15, 2006, 02:55:28 PM
Is it 7% or 3% now? Im confused. I should probably go to bed.


Title: Re: Sony shares fall 3% in 5 days
Post by: Broughden on May 15, 2006, 03:00:47 PM
Closer to 7% (if Im doing the math right). Correct me if Im wrong.

5 day graph
http://money.cnn.com/quote/snapshot/snapshot.html?pg=sn&sid=4526&symb=Sony&time=5dy&uf=0

Start with $51 share price. Substract $47 (low point) from $51 for $4 drop in price.
$4 is 7.8% of $51.

To be more accurate (according to graph prices) it would be $50.5 minus $47 for a $3.5 drop which is %6.9.


Title: Re: Sony shares fall 3% in 5 days
Post by: Fabricated on May 15, 2006, 03:01:50 PM
Hah, I misread that as $7.


Title: Re: Sony shares fall 3% in 5 days
Post by: Margalis on May 15, 2006, 04:07:54 PM
You guys clearly are not math people.  :evil:

It dropped from 51 to 47. That's the same as 102 to 94 which is basically 100 to 92 which is about 8 percent.

Basically it dropped about 4$ from about 50, which is the same as about $8 from 100.

If you look at the 3 month window it basically didn't move much, and compared to 6 months ago 47 is a big improvement. The stock jumped quite a bit in Jan/Feb.


Title: Re: Sony shares fall 3% in 5 days
Post by: Miasma on May 15, 2006, 04:18:07 PM
I don't see the big deal, its 52 week range is 31.80 - 52.29 (http://finance.yahoo.com/q/bc?s=SNE&t=1y&l=on&z=m&q=l&c=).  A three or even seven percent change doesn't mean much.  Actually looking at that chart we would all have done quite well if we had bought some in November.  Oh well, hindsight is 20/20.


Title: Re: Sony shares fall 3% in 5 days
Post by: Margalis on May 15, 2006, 05:51:25 PM
Yeah, there was a big surge in the first part of this year. Wonder why...off the top of my head I can't think of much but then again I don't know much about Sony other than gaming products.


Title: Re: Sony shares fall 3% in 5 days
Post by: Wolf on May 15, 2006, 11:45:14 PM
you don't get it, you're supposed to go:

"Har, Har. The PS3 doomed Sony to a quick death!"