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cjpierciiw said:
FishyJoe said:
E-trade is supposedly adding trading for some international markets, so it might be possible to trade Nintendo directly soon. That is if you have $55k+ sitting around LOL.

It has been possible to do this for several months now, when they started Beta testing their platform all you needed was the money and ask to be included. It was rolled out to the public a few weeks ago.

Three things that I dont like about it are

com. = about $30

loose around 1%-2% when exchanging $ to Yen

about $50K for every trading unit (that is 100 shares of Nintendo stock, ticker 7974) this is the smallest puchase allowed.

But in the end I think it is better way to own than NTDOY.


1. why do you lose 1-2% on exchange?  is that a foreignexchange fee?

2. why would 7974 be better to own than NTDOY?  there could be price discrepencies and liquidity issues if and when nintendo decides to officially sponsor an ADR, but in theory they should performed equally well.  and then there's the 1-2% factor to consider.

 

 

 



the Wii is an epidemic.