Sony stock hits new 52 week high

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Sh1nn on 23 January 2015

https://www.google.com/finance?q=TYO%3A6758

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Puppyroach on 23 January 2015

Things are slowly turning around, great news!

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kljesta64 on 23 January 2015

Puppyroach said:
Things are slowly turning around, great news!

im pretty sure thats not the case.

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daredevil.shark on 23 January 2015

I hope they can make a comeback.

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daredevil.shark on 23 January 2015

kowenicki said:
I did say "buy" on Sept 19th....

I remember.

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DerNebel on 23 January 2015

Any special reason for that spike today?

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daredevil.shark on 23 January 2015

kowenicki said:

They arent trying to make comeback.

I think you are missing the point and their direction.

They have massively downsizing and are exiting markets. THATS why the stock is rising. It isn't a comeback, it s a repositioning as a small and more focussed business. Pretty much exactly what I said would happen years ago. But I was a doom merchant. Sony now is very different to Sony of 5 years ago and it will continue ifor a few more years yet. Profitability has to show through from now on... and I think it will. Next they need to completely ditch mobile. The work would then be complete.

Dude I know what you are trying to say. And you mistook me due to my short comment. By comeback I meant to return to a efficient and profit making company. Not big giant as it used to be in 80s. Better exist as a medium sized company rather than a bankrupt big giant.