Vinniegambini on 30 July 2013
Nintendo is down by over 2.5% in Japan compared to a 1.4% Nikkei drop. Nintendo has lost over 7% within the past 5 days.
I'm expecting an operating loss and a small net income, nothing significant. Nintendo's stock price should drop considerably. Again, the Wii U's failure + limited income is hindering Nintendo's profits greatly as the original Wii's revenue is quickly drying up.
I'm looking to add a position to Nintendo (I sold at 17.40$) once the bearish cycle ends, near Monster Hunder 4 release.
