happydolphin said: What are your expectations of Nintendo stock over the next two years, are you planning on purchasing or selling? |
$16.38 was the absolute bottom and it's currently trading at $18.20, so I'm not concerned about it dropping any further. On the other hand, no point in selling this low either.
If you have great faith that the consumer market will favor the brand the way it did for the Wii and DS lines once their main products are the Wii U and the 3DS, then I suppose now's as good a time as any to buy. The fact that it is trading near historic lows is the main upside if you believe things will improve over the next two years.
I don't intend to buy more shares personally.