This baby won't stop! I think we'll be above $50 when earnings are announced unless Nintendo provides upward guidance before that. Q1 numbers are going to be incredible with 3 million Pokemon, millions of Wii Sports and Play, MP8, Zelda PH, Paper Mario, and millions and millions of DS games sold.

they might up their software sales guidance...

in general i rather companies DON'T provide guidance.

the wii sales will reach equilibrium in another 6-9 months... which means unless nintendo has something exciting to offer in ADDITION to wii and ds, and that if those are the only factors in buying nintendo, considering a sell in the coming months if the price keeps drifting higher.

see if E3 provides something interesting.

I'm not going to sell unless I can see a clear reason to. I made the mistake of selling Apple too early and it literally cost me a fortune.

First, I thought Nintendo's stock wasn't traded on the US stock market.

The other is that Nintendo can keep the stock going up by continuously doing well and annoucing new products. For instanst, I wouldn't doubt a Wii Sports 2 announcement would up stock price.

Nintendo shares themselves don't trade in the US (these are something else). Nintendo shares in Japan are close to $500AU / share.

Waiting for E3 - going to have a big impact on the stock prices of all three companies (and the smaller companies).

If Sony makes announcements that will steal some of Nintendo's casual market (smaller/simpler PSP, Waggle for PS2) Nintendo may suffer.

But if Nintendo can unveil some really innovative (and I think that is the key word) titles for the Wii, then their stock price may skyrocket.

I would hedge my bets, and hold on to Nintendo shares at this time. Sony shares will probably also skyrocket (more upside than Nintendo at the moment).

I don't really think E3 will really change the stock price. Business people don't follow that stuff. E3 is mostly for fanboys and retailers. I'm not saying E3 won't have any impact, just that it's not followed as closely.

Q1 earnings on the other hand will be noticed by investors. Business people like numbers and if Nintendo blows by estimates, the stock will move up just as in previous quarters.

Nintendo has too much of good things happening now to have anything bad. Ride the wave Fishy, don't you dare selling those stocks.

looks like nintendo would be releasing earnings in about 3 weeks... their last release was on the 27th of april.

E3 is what, couple weeks away?  

anyhow, E3 is a chance for guys like us to get a leg up on "business people", especially if they don't do their homework and ignore E3, which is unlikely.  by that i mean, if we have some insights towards how certain new games nintendo releases are gonna perform, we should increase holdings of nintendo if our perspective is more favorable than the markets.

i'm quite excited at the potential opportunity of "business people" making the wrong call on game annoucement that is actually favorable!  that makes i'll have a chance to increase my holdings if a corresponding price drop happens.

like, especially if sony comes out with all kinds of seemingly exciting annoucement that doesn't address their issues as much as they appear to and nintendo manages to stay under the radar...

to summarize, E3 is an opportunity because we should know better how to digest those news than business people.

looking forward to E3! 

Nintendo(7974) just closed at another all time high on Japan stock market.

48,100 Yen up +1450 (+3.10%).

This stock has got some serious momentum lately.

What are Sony/Nintendo market caps at right now? Anyone know?