Sold most of the remaining shares of NTDOY I bought at 33. Not that I don't think NTDOY doesn't have potential, I just think GME is more attractive at this moment. I'm looking to buy some GME ITM call options soon.
>>Not that I don't think NTDOY doesn't have potential<<
Could I have put any more negatives in that sentence? I think you know what I mean though LOL (even though I think that sentence actaully means I don't think NTDOY has potential ROFL (that's not what I meant)).
I actually did the same, but I'm back into American Movil (AMX) at $50.00, which between it and NTDOY have more than doubled my portfolio in two years.
The good thing about NTDOY, it appears to be less impacted by the economics hurting everything else.
The bad thing, because of its astounding growth over the past 2-3 years, it is held at a very high level of expectation.
Any bump in the momentum will be seen as very bad, and I'm concerned that their fall / winter product line-up is not as strong as last winter, which featured the Wii Fit, Super Smash Brothers Brawl and then Mario Kart Wii.
I'm not so sure they'll role through this holiday season with the momentum they had last year.