What are you guys looking at, Yahoo says they have a PE of 3.16 and the price per share is down 23.76. I say it is pretty good time to buy Nintendo stocks. EPS of 7 is pretty good as well. What I would do is buy a handful of stock each day it drops. When it starts to go up again then you want to put more of your investment into it. Many people mistakenly buy a stock on the upturn that is really too late. You have to buy at the low point.
Looking at all the years that Yahoo will show. Nintendo had a low point in Feb. of 1997, another low point in March of 1999, another low point in Oct. of 2001, 2002-2004 saw pretty harsh decrease, 2004 we saw a slow recovery, 2006 and 2007 the stock exploded, late 2008 it declined and then sort of leveled out, and now this most current drop. So for those that know gaming history and can explain these events that would be helpful.
If you had bought stock in many major companies in 2008 you would have a very hefty sum of money today. You would also have lost quite a bit in the blue collar companies that folded but the ones who who made it through would have made up for it significantly.
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