EllensProphet on 25 November 2007
| skywalker2007 said: Maybe Nintendo has done something internally to eliminate its currency risk. Thus, now the weaker dollar is better for NTDOY. |
The quarterly report said that Nintendo does hedge the dollar dropping but was not specific as to how and how much. Also I saw a report that said that the bulk of Nintendo's earnings still comes from Japan. I could be that 7974 is just moving with the rest of the Japanese stock market.
The urge to play is a terrible thing to waste.
