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Pokémon Go
Pachter: "Pokémon Go will fade in four months"
Well known analyst thinks the novelty will wear off soon.
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In an article on Bloomberg, well known analyst Michael Pachter from Wedbush Securities, was quoted as saying that the current Pokémon Go craze will die out soon.
"The game requires couch potatoes to get off the couch, and the novelty will wear off when they get tired or when their phone batteries die. I give this four months at the top of the charts, then it will fade."
What do you think? Does Pachter have this one pegged correctly or will it be one of his famous miscalculations?
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