TheLastStarFighter said:
Videokameras said:
Seriously i still trust google the most of all us tech, but thats just my layman opinion.
Laststarfighter you think Nintendo will drop again? |
Yes, that's why I sold. Not for any good reason, it's just what the stock has been doing. It's followed a very consistent wave of ups and downs. It had climbed rapidly lately and then dropped and stalled. So I became concerned that the price was going to drop down again and decided it was time to sell. I would look to buy again if it became quite cheap. I expect them to miss profit targets so that could also make the price fall. Of course I do expect them to be profitable so that may drive the price up as well. I'm just following trends as best I can and using sales data to guide me a little. My current guess is that Nintendo may drop a dollar or two, at which point it may be a good pick up as it may gain in anticipation of a quarterly report. It will definitely gain in the spring before the date of dividend payout ownership. The wild fluctuations in the Nintendo share price have made a great by and sell opportunity. Like MSFT, it's also pretty safe since the company has no debt and lots of cash. At current prices you may lose, but not likely lose everything.
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You seem to know what your are talking about. I will bear this in mind.
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