Well as expected the stock took a dive.
It dropped 12% today and is now trading under 20$.
At this point I am expecting Nintendo stock to trade around 15$ within the next 18 months ( I don't think you can expect Nintendo financial to get much better in fiscal 2012-2013 as the year a new console releases is most often not that good for profit due to low amount of software sales..).
Apple is on track to make more money in fiscal year 2011-2012 than Nintendo is worth ( Nintendo market cap is down to 22 billion$). Not that I expect Apple to purchase them..( you would have to be crazy to purchase Nintendo stock right now, well except if you are shorting it...)
PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !
PS3-Wii gap : 20 millions and going down !
