| Augen said: Is there a sense of expectations regarding the 52 week range of 2013? Mine would be 11-17, does that seem fair? |
That range is fairly pessimistic actually.
One thing's for certain: 2013 is the year that the Wii U and 3DS officially take the torch, and carry it forward for Nintendo.
If Nintendo can begin to announce and launch big Wii U games, and market & sell the Wii U successfully in 2013 such that sales track consistently to do even 50% - 80% of Wii's numbers, then we should see the stock break over $17 and I'd put the 52-Week high for Calendar 2013 closer to $20 if everything goes right.
There is a serious rain-cloud over Nintendo's stock. It is dramatically out of favor with investors. The reason, Nintendo has to prove profitability, and they have to prove the value of their new systems. The negativity surrounding Wii U is tremendous, and all the bad hype hits Investors desks. And when Nintendo can't defend itself against the bad hype, by missing their own sales projections - the stock gets pummeled.
An optimistic view for Nintendo shares hits a high of around $20 this year, a 66% gain from today's levels. If somehow, some way - Nintendo manages to pull a rabbit out of their hat, and the Wii U catches fire, I mean Wii like fire...there's no telling how high the stock will go.
