greenmedic88 on 01 April 2008
The $64k question is how far off the mark does everyone think Nintendo's quarterly estimates will be?
Most are predicting substantially higher.
I'm thinking their estimate will be pretty accurate and that the current trading prices of NTDOF and NDTOY reflect the appropriate value. If anything, they have probably erred (intentionally) slightly under actual earnings per share which should give the stock a small boost above current rates once the report is released.
If Nintendo paid decent dividends, I'd already have a decent stake in my portfolio. As it stands, I've been watching hawkishly for a good point to jump in (mid Jan, early Feb would have been perfect). Apple's been giving me a better rate of return currently.
