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Chark said:
spurgeonryan said:
So now is the time to buy Sony stock!


I'd say so with the upcoming holiday season and their restructuring efforts. Sony is hitting the bottom and a full recovery on their part might bring some decent returns. Though risky.


There is no recovery. Your opinion is about 12 months out of date.

Sony has been permantly devalued in a long term sense. They are getting rid of over 10,000 of it's staff. The company is literally "smaller". It's like Sega quitting the hardware business back with the Dreamcast - That's it - The End. In terms of anything except a very long term investment. Which would be madness, shares aren't long term investments, from the offset, they become them if appropriate.

Don't become a financial adviser.