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Forums - Sales Discussion - VGStockz: Nintendo FY end report on May 7th

kowenicki said:
theprof00 said:
kowenicki said:

One note of caution. No biggie in the long run but some investors may get spooked.

MSFT may well have to do a one time write down, perhaps in the billions, regarding their mobile phone operations in the not too distant future.

Similar to what they did in 2012 with AQuantitive (that one was over $6billion) and what Sony has done recently with their mobile business. This is a one time event and does not affect underlying operating income. It does however result in a reduction in net profit for the evnt (possibly producing a loss) and grabs headlines, particularly from outlets that have no clue.

Markets are aware of this now though and yet the stock keeps climbing. So analysts dont seem to bothered right now.

MSFT up another 1.94% at $48.96 at the moment, thats up 13% since the results.

I did not expect it to be up again today or yesterday even. I sold a dollar 60 ago. Man, what a waste. I don't see any current downside for re-entry until the write-down.

When do you think this will occur?

No idea.  But there will be another warning probably.  I cant see it rising much more surely.  Likely to fall back a little.


Microsoft is up thanks to Pacific Crest upgrading Microsoft's stock. And I personally would wait and see on the Nokia writedown.



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Twitter numbers leaked on of all things, twitter.
results didn't meet expectations s.
stock in a freefall



Nice didn't know this thread existed I always wanted to get into stocks, I've tried etoro and that site was a disaster it kept crashing and was full of bugs, I had a hard time just signing in sometimes. Anyway I'll try stocktrades.ca. 

Is anyone actually making a decent living with this or is it just more of a few bucks every now and then?



Think Sony is a long term buy with decent operating income? And better then expected quarter as said from Sony.
Actually pretty high cost stock at a 4 year high. Maybe not.

Also thinking of Asus. They just hit a high point and the stock is free falling. I think they are in a good position to hit a higher point, mostly during the holidays.



Gilgamesh said:

Nice didn't know this thread existed I always wanted to get into stocks, I've tried etoro and that site was a disaster it kept crashing and was full of bugs, I had a hard time just signing in sometimes. Anyway I'll try stocktrades.ca. 

Is anyone actually making a decent living with this or is it just more of a few bucks every now and then?


You really need to own a big amount of stocks/bonds to make a living out of it imo. Most people use it to earn some extra money/get an interest that is actually higher than inflation.



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Zuhyc said:
Gilgamesh said:

Nice didn't know this thread existed I always wanted to get into stocks, I've tried etoro and that site was a disaster it kept crashing and was full of bugs, I had a hard time just signing in sometimes. Anyway I'll try stocktrades.ca. 

Is anyone actually making a decent living with this or is it just more of a few bucks every now and then?


You really need to own a big amount of stocks/bonds to make a living out of it imo. Most people use it to earn some extra money/get an interest that is actually higher than inflation.

Generally, you need about 20,000 to make any kind of meager living off of it.

But hey, if you can add one weeks paycheck into your month, that's pretty good. I'm currently adding about 1k every 2 weeks into my portfolio.

 



MSFT is NOT the highest it has been in over 10 years. It was at 49.61 at market close november the 13th, 2014. Intraday was above 50 sometime late last year.



BTW, I noticed the DRAM stock you mentioned in your second post (have you even updated it since 2013? )
If you want an actually undervalued DRAM stock, you should check out Micron Technology (MU). Among other things, they're the company behind the brand Crucial.



Teeqoz said:
BTW, I noticed the DRAM stock you mentioned in your second post (have you even updated it since 2013? )
If you want an actually undervalued DRAM stock, you should check out Micron Technology (MU). Among other things, they're the company behind the brand Crucial.

Yeah, there are some parts I need to update. I used to follow DRAM and MU both. I'm not so sure that they will be going anywhere though. I'll have to do some research.

Also, my mistake, I had read 48.61 as the highest ms has been. I'll recitfy it.

EDIT: Just looked at the MU. Wow. Wish I had held it. I once owned maybe 200 shares and ditched it after I saw it going nowhere. What's your case for it continuing to improve? Currently it looks like it's finishing a triangle formation, ie; lots of downward pressure but good support along the 26-28 intervals. So, shortly we should either see the break up or down.



theprof00 said:
Teeqoz said:
BTW, I noticed the DRAM stock you mentioned in your second post (have you even updated it since 2013? )
If you want an actually undervalued DRAM stock, you should check out Micron Technology (MU). Among other things, they're the company behind the brand Crucial.

Yeah, there are some parts I need to update. I used to follow DRAM and MU both. I'm not so sure that they will be going anywhere though. I'll have to do some research.

Also, my mistake, I had read 48.61 as the highest ms has been. I'll recitfy it.

EDIT: Just looked at the MU. Wow. Wish I had held it. I once owned maybe 200 shares and ditched it after I saw it going nowhere. What's your case for it continuing to improve? Currently it looks like it's finishing a triangle formation, ie; lots of downward pressure but good support along the 26-28 intervals. So, shortly we should either see the break up or down.


Well, first of all, there's little downside, because any potential piece of bad new, and then some is already priced into the share price (a forward P/E of goddamn 7.66). So it's low risk, although it's volatile.

Second of all, it's dropped a bit this year due to declining DRAM prices, but I see them increasing as the oligopoly of DRAM (Micron, SK Hynix, Samsung) calms down a bit. At the same time Micron is developping a new technology in NAND flash, in a joint venture with Intel, called stacked flash, which will give higher storage density, which will be very attractive for datacenters, and mobile too, because in a phone you want to squeeze in as much storage in as little space as possible, right?

Anyway, it's a stock with good upside, small downside, and when they eventually hit the point where the industry growth stops, and they announce a dividend, you should expect their P/E to skyrocket.