Mazty said:
Viper1 said:
Mazty said:
Issue is that over the last year the stocks have taken a 17% dive. Now, you can either cut your loses and sell, or hold on to them and hope stock prices recover, which imo is highly unlikely. A good investor would have sold stock back in 2010. Holding onto Ninty stocks now I would say is a very, very risky gamble.
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That's highly dependant on when you bought. Or rather, at what prie you bought it at. Certainly you don't expect it to keep dropping.
Actually, yeah, I'm pretty sure you do.
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Considering the lacklustre support in Europe and from developers, as well as potential competition from MS and Sony due witihin 12 months, yeah, I do expect to see stocks to keep on falling and so do most investors as stocks have been tumbling for the last 12 months.
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Longer than that. But that's because it was overvalued for a few years thanks to massive hype. However, go take a look at a few major Japanese firms...they are all going down the past year.
They can't all be dropping because of Nintendo's launch figures or the compeition 12 months from now.