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  • pschkqitzsough pschkqitzsough Dec 13, 2008 3:08 AM Flag

    The problem with Nintendo

    Great call on that strong sell NTDOY at 37 LOL.

    Have you read the news lately? The VG industry is 100% immune to the recession and it was obvious to anyone looking at actual data and not making asinine predictions.

    NEW YORK (AP) -- Americans may be cutting back on holiday shopping, but they are still buying video games -- to the tune of nearly $3 billion in November, according to data from market researcher NPD Group...

    Nintendo enjoyed perhaps the greatest success in November, with 2 million Wiis sold -- the most yet in a month, according to Denise Kaigler, vice president of corporate affairs. The Japanese company boosted production of the easy-to-master gaming system in July to keep up with seemingly insatiable demand. Nonetheless, on Thursday afternoon, both Best Buy's and Wal-Mart's Web sites were out of stock.

    Microsoft's Xbox 360, meanwhile, sold 836,000 units. Spokesman David Dennis said the company's games business had "great momentum" heading into the final stretch of the holiday season. The PlayStation 3, from Sony, sold 378,000 units.

    Sales of video game software grew 11 percent to $1.31 billion. Besides "Gears of War 2," which sold 1.6 million copies, "Call of Duty: World at War" by Activision Blizzard Inc. and Nintendo's "Wii Play" and "Wii Fit" also did well. Electronic Arts had just one title, the zombie horror game "Left 4 Dead," in the top 10.

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    • Investing is about risk management, little one. Not being Kreskin.

      You should be acutely aware of this given your activity across the Yahoo! Finance boards in 2007 and your multitude of erroneous gambler's predictions.

      • 1 Reply to jackbones83
      • That is kind of funny coming from someone who has only had an I.D for a couple days so has absolutely no credibility at all.

        Anyone can say what you just said to anyone and it has nothing to do with anything. I bought NTDOY years ago 33 and sold 2/3 at 75 and 1/3 at 60... I have not owned NTDOY in a long time, which is why I don't post much here like I did when I actually owned the stock.

        Your comments are even dumber when considering you rate the stock a hold so you don't seem to have any reason to be hostile to someone who shares your opinion that NTDOY has potential... Some people just like to talk $#!+ to get a rise out of people I think.

        Good Luck (for stocks and with irrelevant posts ;)

17.10-0.90(-5.00%)3:59 PMEDT