greenmedic88 said:
$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. |
My personnal feeling is that at this point Nintendo will perform roughly like the market. I don't expect it to outperform like crazy like when the Wii released.
Right now the stock is up a little because the market has been up.
And to be honest if I want to get the same return than the market at large, ETFs are probably safer..