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Nintendo Co. Ltd. Message Board

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  • nickeyblaze nickeyblaze Jan 26, 2012 9:57 AM Flag

    Wondering about the two year target for NTDOY

    so most people have lost 50%+ because of the stock decline. A buyout would get what 30% over current value? Won't be that great compared with Nintendo doing well with the wii U and paying its dividend (if that happens). Me personally I bought more at 16.80 and currently have an old 401k rolling over. Once the cash lands I'll be buying more as well. I'm just hoping there isn't a buyout but maybe Nintendo buys back stock at these levels with their excess cash.

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    • Despite all of the doom and gloom about the company, I think Nintendo will surprise. I certainly don't expect a "home run" like the last Wii cycle, but I think it will hold its own. Nintendo is moving towards micro transactions in games, which should enhance revenue.

      • 1 Reply to fuzzhead72
      • I agree. My old 401k just cleared today which I bought a couple thousand more shares at $17. After reading through the management reports and their earnings conference I have confidence they know what is needed to fix their issues.

        Anyone know of a more active nintendo investor board people share ideas? I am getting my best information from mynintendonews dot com which is a great source of info and timely but always looking for other ideas.

 
NTDOY
32.98-0.23(-0.69%)Sep 30 3:59 PMEDT