Vinniegambini on 31 December 2012
| Ail said: I wouldn't hold onto any Nintendo stock you guys have right now. From what I have seen and heard the WiiU are in heavy stock at a lot of retailers which means Nintendo will not be able to ship that many WiiU in Q1 so I expect a poor report 4 months from now when Q1 numbers come out.. |
I have NTDOY at 14.40$ (holding) and said to myself to keep it as the rally seemed to onwards to 20$. Now I'm kicking myself for not selling it at 17.50 $ :(
Been shorting NTODY stocks, bought at 12.65$ sold today at 13.25$
I don't know, Nintendo might be in a good position because of the yen this quarter. They will be profitable in Q3 because of it most definetely. You are right though on Wii U, I don't think their 5.5 million sold or shipped by March 31st seems doable :s
