Nintendo is profitable again. 220 million in Q2, 4.5 billion in the bank (Excluding assets?)

[aikohualda]

SwooshX said:

aikohualda said:

SwooshX said:
Keeping $20 billion in cash just sitting there would be fairly stupid. A person who has $2 million in cash doesn't just let it sit in the bank account either. You invest it.

having a cash reserve is not fairly stupid... money is the most liquid in the company.... if something happens... let's say gaming world crumble in the next 3 years... nintendo would be easier to reinvent themselves using an actual money unlike... selling your investment to a lower value (most of the time)

Having that much of a cash buffer is ridiculous especially for a game-only company. Especially with the stock market way up over the last two years, you're losing money by just letting it sit there. 

who says thats much???? if their total asset is 10 b... you know who doesn't have much cash reserve though? the one who liquidate building to compensate for the lack of liquid cash