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Sony - Sony stock down 8% - View Post

Off topic - Nintendo is currently trading at 13.37$. It dropped like crazy this year too. Japanese electronics are suffering, big time. Though in all fairness, I see light in Nintendo as opposed to Sony. Nintendo has no debt, and has alot of cash reserves. At the moment, it is trading only for what they have on their balance sheet; thus, giving the company name and IP's no value, which is absurd come to think of it. I recently opened a position on Nintendo for 200 shares at @ 13.50$, yes I know, I spent 2700$ on stock. If there is a time to invest, it is now in Nintendo, not Sony. I see a better catalyst for Nintendo than Sony as their 3DS XL is now sold at a profit, and 3DS no longer sold below manufacturing costs. And Wii U coming this year, should be big. Let's hope my investment is well paid off! What do you guys think? Am I crazy lol