Train wreck on 26 January 2013
Sony's investment in Olympus is also a positive. I believe they bought a 10% stake in the company and Olympus shares are up 20% since that investment.
The stock is going up (+40% since November) in face of the dilution that the convertible bond offering has over the stock which is kinda funny.
The stock has been upgraded by two brokeage houses
Goldman Sachs from Sell to Neutral
Bank of America from Neutral to Buy
So yea positive catalysts all around. Even if Sony reports a bad quarter in about two weeks, the stock will still go up no matter what. The sell trade in the stock is over, sorry Sony haters.
