1. Great summer line-up of Wii games.
2. Wii Motion Plus may boost Wii sales.
3. Two critical lawsuits against Nintendo thrown out.
4. The 69th Annual General Meeting of Shareholders on June 26th, might bring some announcements from Nintendo management to either buy back shares, split stock or remove 100 share limit.
5. Wii price cut for Q4 probable.
6. Technicals show stock has bottomed and bullish bounce imminent.
This is not a summer trade.
Buy at the end of Q3, when
accumulation of the stock is going
up again - now it s flat.
Nintendo's response in reducing trading limit was just released.
http://www.nintendo.co.jp/ir/pdf/2009/090630e.pdf
Why is this exactly what I expected? Carefull evaluation means "never" in Nintendo management talk.
Or this article cold finally be right:
http://seekingalpha.com/article/97927-waiting-for-the-wii-price-cut
the author is the worst Nintendo analyist on the plant, but he could be right eventually.
Interesting point regarding 80 year olds. Most of my neighbors who are elderly are still using a VCR. They don't even have a DVD player. I tried to show one of them Wii Bowling, but they were afraid that it would damamge the TV set (remember the PR about wiimotes flying into the tube?). On the other hand my wife will play Mario Cart or the Wii, but wont even let a XBOX or PS3 into the house.
Nintendo has a much wider demographic base than the other companies. Do you know any 6 year olds with a PS3 or XBOX? I don't. They all have Wiis and DSs.
The downside to the casual demographic is that they don't purchase as many games as the hardcore crowd which makes Wii Sports Resort a pretty important title going forward.
I don't buy that idea. All three consoles are targeting same folks, gamers, some have wider demography than others.
Nintendo would never release games like Mario galaxy 2, Zelda and Metroid for 80 year old folks, now would they?
I agree with everything you said except for #1. The Wii has the worst 2009 lineup of the 3 major consoles.
#4 is the most interesting and it will be absolutely unbelievable if Nintendo doesn't, at the very least, get rid of the 100 share limit.
Punch Out Wii, Wii Sports Resort, The Conduit, EA Grand Slam Tennis, PGA TOUR GOLF 2010, Virtua Tennis 2009, Little King's Story, Overlord Dark Legend and many others should satisfy all demographics of wii owners.