Soundwave said:
Which from a stock valuation market indicates an overpriced stock. A real easy tip off is to look at net profit ... if their stock is almost the same price as it was during the Wii/DS days, the profit numbers should be close too ... but they're not even close. That's a giant tip off of a massively over priced stock. Investors are too giddy over China, piracy is rampant in China. Nintendo has tried various ventures in China before to limited success. |
Nintendo stocks were highest in peak of Wii/DS era and they were at 70 JPY, I can see Nintendo stock finish at years end around 50 JPY (curently they are around 43 JPY) .