El_Machete on 04 January 2013
| kowenicki said: Read this earlier on seeking alpha. His analysis is reasonable but it's also off in a couple of aspects. You should never miss out the disclaimer on a seeking alpha recommendation either, this is his disclosure: Disclosure: I am long SNE. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Anyway. I say Sony price should double in less than a year if the next qtr looks decent. If the next qtr financial are not as good as expected than a buy now will look silly pretty quick. He was slow with Nokia too. I bought that in late July early August.  |
i think double is a little too much. I think Sony will have to do wonders to get rid of the stink that conventional wisdom has given them. Like he said, a great deal of sony imcome comes out of japan, and now that the yen is falling they will receive a nice boost. I don't agree that massive money printing and devaluation is a good idea.
