VGStockz: General Questions

happydolphin

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happydolphin on 24 February 2012

spurgeonryan said:

happydolphin said:

What are your expectations of Nintendo stock over the next two years, are you planning on purchasing or selling?

I plan on selling my stock very soon. Not only do I need the money, but it is finally starting to come back up. If I did not need the money I would try to wait till after E3. The Wii is bound to be great the second time around at E3. Plus with a full first half wii line up, great 3DS sales and games, it should continue to go up. Not sure how their currency is doing yet though. I have held on to it for a year, and I am done again with stocks until I get another pile of money.

Fair assessment. I'm very seriously considering entering the market on Nintendo stock. I too see it going up from here on out, bar a massive economic disaster.

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Ail on 24 February 2012

sethnintendo said:

Ail said:

sethnintendo said:

I just got 2k from a rear end accident that I was involved in (other person rear ended me and I'm just going to take the money/not get it fixed since it is barely any damage). I have to put some towards bills but I really want to invest in Nintendo. Do you have to buy a certain amount of shares (1000+) or can you just purchase a few shares? And where the hell do I go to purchase these shares?

Get a broker... ( E-Trade, Fidelity, whatever..)

That is what I was thinking but didn't know which one is best. I am mainly just looking for long term investing and not day trading. So I guess I'll have to do a little research for what one is the cheapest for that type of investing. I also don't want to pay for stock advice because I can make my own decisions and looking into companies.

Fidelity charges 7.95$ per trade which is kind of cheap and you have access to a lot of stuff for free...

E-trade charges 9.99$ per trade.

I don't know about the others.

I am with Fidelity mainly because my 401k was managed by them so it made sense to use them....

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PS3-Wii gap : 20 millions and going down !

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Baalzamon on 24 February 2012

Well, obviously there is still almost 2 months to go, but I am currently in first place in my Investment class for the stock I picked. So far in 2 weeks, Nintendo is up a little bit over 12%.

Here's to hoping it can continue gaining quickly over the next 2 months.

Money can't buy happiness. Just video games, which make me happy.

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radishhead on 26 February 2012

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happydolphin on 26 February 2012

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aori, radishhad and Man-Bear-Pig, post your results for these values, I'll update the scoreboard.

Account Value (USD) Buying Power ($) Cash ($) Annual Return (%)

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radishhead on 26 February 2012

Account Value (USD): $9,878.51
Buying Power: $6,575.56
Cash: $3,272.61
Annual Return: -47.13 %

:(

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man-bear-pig on 26 February 2012

Account Value (USD): $10,055.37
Buying Power: $7,965.73
Cash: $5,876.09
Annual Return: +65.51%

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PS Vita will sell under 20m units (made on 30th September 2012)

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happydolphin on 27 February 2012

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megaman79 on 28 February 2012

spurgeonryan said:

Nintedo is down a bit, but still well up over where it was just a month or so ago.

19.16

-0.40 (-2.04%)

After Hours: 19.15 -0.01 (-0.05%

Looking better and better every week!

Its reached a 6 month high (7974 Tokyo), and yesterday was only a slither of a retraction. Nintendo's already looking postive for the next FY.

I think the more competitors there are in the IPad market, the less powerful Apple stock is as a dampener on other stocks, like Nintendo.

“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

happydolphin

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happydolphin on 28 February 2012

spurgeonryan said:

In Asia, the Japanese Nikkei 225 jumped 0.92% to 9723 and the Chinese Hang Seng rallied 1.7% to 21569.

Great news! Why did I post this? If the Wii U is a ton of money, and the economy is good, then no one will care. It will still sell really well.

Nintedo is down a bit, but still well up over where it was just a month or so ago.

19.16

-0.40 (-2.04%)

After Hours: 19.15 -0.01 (-0.05%

Looking better and better every week!

Great stuff Spurge!

Ladder update:

Guys, I've prepared a snapshot of the stocks we can actually invest in the investopedia game, the data will be ready tomorrow. Here is a snapshot of my results for the day:

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