I had written out a long response but then deleted it as really it's none of your business. All I'll say is people here haven't a clue about what happened over on NL. I didn't run a foul of the mods, hell they didn't even know for months what happened. As some will know, I've been critical of the site, both publicly and privately. I've had to put up with a lot of crap over the years there, be it stalkers, vile abuse that really warranted the intervention of the authorities on some occasions, impersonators, etc. Anyway, I only ran a foul of one person over there, and crucially it was the founder and owner of the site. I guess he took it personally. Maybe I should take it as a compliment that he cared so much what I had to say. I've had a lot of correspondence with him behind the scenes on a whole range of matters. Banned on St. Patrick's Day as well, hhmmm, funny the timing there, eh. And strange that it happened when I changed my avatar briefly for the first time ever, the Wii U logo in Irish colours. I got a lot of attention on the site, both good and bad, still do and I haven't been there in months. I've had a lot of support from people with private messages on other social media. Someone even mentioned my earlier comment here over there, but people are asked now by the mods not to talk about me anymore.
And some good came from my criticism. Like how the weekly charts are a bit better now, though not as detailed as my posts were. Or how I criticised the site for effectively shutting down at the weekend from Friday afternoon until Monday morning. The news doesn't stop at the weekend, so neither should NL. All that used to happen was the odd review or a what are you playing this weekend story, though that is relatively new too and copied from other sites. They post a bit more news at the weekend, though they're not on the ball like other sites, they never really have been. They recycle other sites news stories.
Back to this story, Nintendo's share price has been decreasing for months now. The story about this fella buying the shares, which I sent in to GoNintendo and which NintendoLife reported on a day later(no surprise), bugs some people, it's not nice but it's a legitimate and legal form of trading. So Nintendo's shares see a bounce after posting their quarterly results and NL jump on their tabloid horse, sensationalising everything and conveniently leaving out the truth. The guy doesn't have to sell his shares today or tomorrow or anytime soon for that matter. Even if he did sell today, he still likely wouldn't lose money as he bought the shares some time ago when their value was even lower. He can sit on the shares for by reports, up to 8 months. The general trend is for Nintendo's share price falling, so it's likely that trend will continue, but who knows. If we all could predict the markets, we'd be millionaires. The $27m is the difference between yesterdays valuation and todays and again that's only if he cashed in today. And if you read the original story, you'd see this guy is no mug.