% | $
Quotes you view appear here for quick access.

Nintendo Co. Ltd. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • christopherrynn christopherrynn Jan 4, 2013 10:13 AM Flag

    NIKKEI 225 is up %3.17 wow!!

    We are down big because 7974 was flat and the Yen is worth a lot less in terms of dollars than it was 4 days ago. The Japanese markets were closed so that currency movement was not baked into the price of NTDOY. Ultimately the Yen being down against the dollar is a good thing for NTDOY holders. Nintendo will need to reduce their 3DS hardware forecast to 15M for FY 13 which hurts. The bottom line is Nintendo will make money this quarter and next year and this stock is going up over the longer term unless the Wii U completely bombs. Even if the Wii U bombs Nintendo will still be making money, patience here is key and consider averaging down. This is a tremendous value play right now. The company is making money as we speak, no debt and they are selling the Wii U at a solid pace with no marketing or big games out yet.

    Disclosure - I own a small chunk of NTDOY, looking to get more soon when I can.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 7974 is NTDOY and NTDOY is 7974. If 7974 finished even overnight before good news was baked in, then using that logic at worst we should be even on Ntdoy or possibly even up since NTDOY can be considered a future indicator. Instead we are down close to 4% How does that make any sense at all?

32.98-0.52(-1.55%)Sep 26 3:59 PMEDT