Darth Tigris on 09 November 2012
| spurgeonryan said: I am serious^ As long as they do not go bankrupt it should be a low risk investment with high returns. Ofcourse I held on to Nintendo stock for almost 8 months. Still waiting. |
Why would it yield high returns, though? What evidence is there to back that up, especially since Moody's rating here (which is Moody's investors, not investors as a whole) basically says that Sony is not likely to be able to pay back money that is loaned to them? Isn't that going against exactly what they're saying here?
Anyway, this is particularly bad news coming into a holiday season. There must be feelers out there that don't bode well for holiday sales for Sony's product portfolio. If that happens, then junk status may be inevitable. And at that point ...
But junk status isn't the end of the world. Nokia had junk status in June and they're still kicking .......
