| TheLastStarFighter said: I have bought a significant amount of Nintendo stock. I can say that a big reason I purchased was because of the leadership of Iwata and Myamoto. Nintendo's software has been other-worldly successful and Iwata has lead a complete revival of the Nintendo brand. 3DS is trending ahead of its predecessor and that will likely continue as DS dies of in the US. WiiU just launched to around 80% of the sales of Wii despite selling in a very different environment and at a significantly higher pricepoint. As a shareholder I'm very pleased. The philosophy of not going all out to push tech boundries is very wise. The low price and touchscreen interface should appeal to a mass-market audience. People may want a better-looking NSMBU, but it was probably affordable to produce and should generate buckets of profits. And as far as 3rd party support goes as a gamer I want it but if it doesn't come I'll just buy a PS4 or Nextbox depending on which seems better. But as a shareholder I don't really care as long as the systems still sell. 3rd party is great, but if you have a 1st part dominated system you make way more profits since you make more money off 1st party. I only want to see more 3rd party support in that it will help drive sales, especially late-life sales...but by then I will have probably sold my stock anyway. |
At what price point did you buy your NTDOY shares? They were at 52 week low last time I checked... very bad stock to own. They don't even pay dividends as well as they used to back when the Wii had its super success 2006-2008
Of course they are a bad stock to own and don't pay dividends at a high rate right now... that's why they are a great stock to buy. The simple objective of buying and trading stock is, of course, to buy low and sell high. Nintendo is low right now so they are a great buy. When they are successful they will be a great sell since most people do the opposite of what they should do. Oh, and as I said above I purchased at $13.92, meaning today I'm down a buck. For a long time I was up 33% which was a nice quick return. I have slight regret not cashing out and then buying again...it would have been some serious nice extra $$, but my plan has always been to keep it till next fall. By that point 3DS should be pushing 40 million in user base and printing money, WiiU should be starting to hit its stride...hopefully with some good hype, pushing stock prices upwards. We'll see what happens.
