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Forums - Nintendo Discussion - Who owns NTDOY?

Just curious to see how many investors are here. I bought my first 200 NTDOY shares last June when I realized that the Wii was going to dominate. Along the way I've picked up and sold. I had as many as 800 shares but now only have 650 because I was stupidly greedy. In retrospect, I should have sold nothing and kept buying.

The funny thing is how many times I've heard this stock is overvalued and will pullback. I'm glad I didn't listen this time. A few years back I bought Apple at $20 and sold at $30 because people kept on saying how the iPod wasn't that special and how easy it was for competitiors like Sony to build a better mp3 player. How could I have been so stupid to listen to those people? I won't make that mistake this time. 



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can anybody tell me whats stock and how to buy stock. im really looking foward to know all about stock since i get money if NASDAC goes up



How about 7974, I think you should include that also.



CameronHall1 said:
can anybody tell me whats stock and how to buy stock. im really looking foward to know all about stock since i get money if NASDAC goes up

 It's the stock market.

www.fidelity.com
www.Scottrade.com

www.tdameritrade.com

are a few online brokers you can trade with.

 However yes, you get money if NASDAC goes up... But you loose money if it goes down. ;)



PSN ID: Kwaad


I fly this flag in victory!

thanx Kwaad ! im entirly new to how to do stock



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CameronHall1 said:
can anybody tell me whats stock and how to buy stock. im really looking foward to know all about stock since i get money if NASDAC goes up

you mean NASDAQ?  my suggest is first read more about finance news first and get familiarized with the stocks, the history of performance, and read its financial statements to determine if the stock is undervalued or overvalued.  buying something because it's going up may not be representative of future outlooks or any sudden price drop.

also, just becauas NASDAQ goes up may not mean the company stock you bought went up either. (since NASDAQ is made up of many different companies and industry sectors.)



Currently loving my Wii x2, Xbox 360 Pro & Xbox 360 Arcade, and Final Fantasy 7 Advent Children Limited "Cloud Black" 160GB PS3

GAMEFLY & GOOZEX FTW

 

 

 

 

If I were getting started, I would watch CNBC and read various financial websites like Motley Fool, Yahoo Finance and Bloomberg. I'd probably do that for a few months. There are a number of sites that let you build a virtual portfolio where you can practice. I'd also read a few books on investing.

One of the key fundamentals of investing is to obtain as much information as possible. The most informed investors are usually the ones who do the best.



I put part of the savings that i've built up during college in Sony. I bought it last december at around 44.

Thanks VGCHARTS, I knew that if I wasted enough time on this website it would help out....somehow.



I'm glad you made money. I too am happy with the 105%+ return I've made on my initial investment. I just wish I could have gotten in earlier, would have made 200% return if I had bought in a few months earlier.



Yeah. Good job with that stock pick.