If I was a long term holder of Nintendo stock, I would take most or all of my profits off the table at this point. If you are a 1 year holder of this stock, you have crossed the threshold of LT capital gains and are paying 15% on your earnings. You have also at least doubled your money. A smart investor takes some of that money off the table as 200% ROI is extremely rare to come by. It has nothing to do with how you feel about Nintendo products. It has everything to do with locking in gains... I don't see the P/E chart for ttm P/E, but it is 25X forward 1Y est. which is pretty high for my taste. I'd take my money and run to the bank.
I hate trolls.
Systems I currently own: 360, PS3, Wii, DS Lite (2)
Systems I've owned: PS2, PS1, Dreamcast, Saturn, 3DO, Genesis, Gamecube, N64, SNES, NES, GBA, GB, C64, Amiga, Atari 2600 and 5200, Sega Game Gear, Vectrex, Intellivision, Pong. Yes, Pong.
