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Nintendo Co. Ltd. Message Board

  • fuzzhead72 fuzzhead72 Jul 29, 2011 11:57 AM Flag

    I just bought 66c for a dollar...

    Well, I'm in. I just invested about 8% of my Roth IRA into Nintendo, when the price went down to about $19.50 or so. With the cash alone that they have hoarded, I figure I'm getting 66 cents of cash for each dollar I spent buying the stock. That, plus the upside potential of the stock over the next 3 or so years. Any dividend would be a bonus, of course.

    I made out pretty well using this strategy with BP a while back, so I'll give it a try here again. I love it when people have a knee-jerk reaction to bad news!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • What kind of knee-jerk reaction is that? Markets just reflects reality, when their product (last hope), is not selling anymore.

      Other than that, their pipeline is empty as banker's heart.

      S. Jobs will crunch this turd down, so badly, that it will never rise again. Same as he did to Nokia (NOK), & all other competitors.

      Okey, take care!

      • 1 Reply to ranni.malmsteen
      • the above poster obviously has know idea what he is talking about.

        How can the pipeline be bare when the 3DS has Mario Kart 3DS, Super Mario Land 3DS, Luigi's Mansion 3DS & Kid Icarus: Uprising 3DS all slated to drop around holiday season?

        It remains to be seen if these will save the 3DS, but, their pipeline is not bare - to suggest that it is shows your ignorance. It was bare when the console released but is no longer - which will hopefully slingshot it into profitability.

 
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