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Honestly I wouldn't buy Nintendo stock either.

I think they have another loss coming for this fiscal year (ends March 2013) and probably will miss both their 3DS and Wii U sales targets.

But I would blame the Wii U less and more the 3DS. The 3DS should be taking off right now, instead it's declining in North America (down year over year for November) when the DS was taking off with NSMB and DS Lite revision.

The other thing is so much focus is on hardware .... what about software? NSMB2 is selling nowhere close to NSMB1. Oni Training is selling no where close to Brain Training. They haven't really had a "new" break out hit in a long while.

Animal Crossing in Japan is a bright spot for them this year.