johnsobas said: that's just it, the technicals say that if the stock gets momentum going up it's probably gonna go all the way to where it was when it dropped off a cliff there. Only thing that's gonna stop it is bad financials or bad sales. I think this is one of the safest bets you can make right now, whether the people here who bought it want to hold it after the holiday season or into earnings is up to them. The problem with Nintendo stock is gonna be if it goes down, it's gonna go way down, and way down way fast. I think just on hype alone we will get 20. |
Oh for sure, by launch we will see the share price eclipsing the 20.00$. There will most likely be some support and short selling in the area as well; however if good news comes by, Wii U sells-out within minutes, Nintendo making profit out of it and so on, the stock will go up drastically. Furthermore, the cash Nintendo has aside covers at 13$ per share so seriously, I aint scared. I am bullish on this stock. Get on the NTDOY stock hype train people lol. What are your positions in other equities? I sold my spanish stock, made profit now looking to buy some other stocks and locking some gains, what do you suggest%