A Sony investment thread that isn't doom n' gloom?

Sony stock is going to bounce so high...I shoulda bought some back at 9$

EURJPY is currently flirting with the 52 week high with a gain of a full yen on the day. Absolutely wild!

wow it finally closed, setting a new 52 week high at 111.7 a full 1% gain on the day and 1.1 yen gain. sony just made 66 million today doing absolutely nothing. oh my stars. The scary thimng is its just going to keep going up!

Cool :) Hope they invest it well in PS4 and Vita and not some stupid TVs!

not good for the japanese people. Japanese have lots of savings, lots of money in government debt from Japan and the US making 1% in japan and less than 2% in the US in interest. They are also importing more and more energy from abroad because of the nuclear plants. Prices will go up, savings will be devalued and energy is going to cost more money to buy. All so the government can keep spending more money and some corporations can compete with countries that will always have much cheaper labor and goods anyway. It's like the US trying to compete with China, unless you want to live like Chinese we aren't going to compete for cheap prices anyway. This might seem good in the short term but it's a ticking time bomb that's gonna explode.

It's not that people in Japan love the LDP, it's that they hate the current party that was responsible for everything over the last 3 years. You see this kind of thing all the time.

i wouldn't buy Sony now because of the yen being devalued, that has already been baked in at this point, you already missed that boat. In fact the money printing has even started yet, and the BOJ hasn't even approved of it yet. The BOJ still says they are against it, and they are supposed to be "independent" although that's questionable. If you want to buy it because you think they will do better next gen then that is different.

Great news!

Haven't looked at Sony's financials but this is absolutely not baked into Nintendo's share price right now. Their projections have EUR-JPY at 100 and USD-JPY at 80 for fiscal 2013. NTDOY or more so 7974:JP has 8000 Y per share in cash and isn't even trading at 9000 Y.  If they hit their sales projections their profit will be higher than forecast.  There seems to be doubt about them hitting their numbers, but beyond fiscal 2013 Nintendo is looking really good as long as the Wii U sells.  The whole selling the Wii U at a loss is most likely an outdated statement right now.

Disclosure - I own a small chunk of NTDOY.

Well no Nintendo hasn't risen with the rest of the market at all.  It's back to the levels it was before the wii U hype.  It's not a bad buy right now if the wii U does even decently well.  People have suddenly turned bearish on Nintendo, i mean it was basically bid up off of speculation, and most of those people have been shaken out now so it's probably a good buy if things go even decently for Nintendo. Because of what happened with the wii the speculators are really fickle and jump ship immediately when everything doesn't go perfect, i'm not really surprised.