And this morning:

http://quote.morningstar.com/Stock/s.aspx?t=NTDOY

It's going up.

I wonder if it's because of the successful Japanese launch? I mean, that's supposedly why it was going down, right?

11 out of 15 days down is a trend, one day up is not. but rumors of the launch numbers came out yesterday and it was down 4% yesterday.

You don't etect sarcasm too well, do you?

And if 11 of 15 days is a trend, what do you call half of the issues going on for the past several months that I noted before?  Trends.

Well Nintendo went up last night because of the relatively good launch in Japan and of course the yen getting better here on forth should help Nintendo's earnings greatly.

I expect it to go up tomorrow as well with Famitsu numbers claiming that Nintendo has over 80% market share in Japan only.

A lot of what goes on with it has little to do with Nintendo's actual performance at this stage. If they hit their sales goals investors will jump on the wagon in expection of large dividends in the coming year. The shares' low value right now is more to do with American and Japanese economic climates. I look at the current price as more of a temporary dip.

At 13.06 right now, looks like I will get some in next week if trend continues.

I should note most of the market is down, December will be rough month for those holding with Fiscal Cliff causing unease in the states.

I think Wii U will bomb next year until next fall, similar to the 3DS post launch.

After the Christmas/launch honeymoon is over the fact is, it'll be

- The most expensive console on market.

- With the least amount of games

- No "huge" Nintendo IP planned for 1st half 2013 -- no Mario Kart, 3D Mario, Zelda ... most likely those aren't going to be ready until fall or in Zelda's case, late 2014. Pikmin, Rayman, and Wonderful 101 all should be quirky, well reviewed games, but I don't see them moving hardware. 

- Missing a lot of multi-plat content -- GTA, MGS Rising, BioShock ... not that these honestly would even help Nintendo hugely as the audience is mostly on the PS3/360, but it doesn't help their case either.

- Nintendo Land is no Wii Sports and the Wii U tablet is no Wiimote. After Christmas, Wii U is not going to be able to cruise on Wii Sports/appeal of the Wiimote like the Wii did in 2007 until Metroid Prime and Super Mario Galaxy were ready.

Reminds me of a quote I saw recently:

"Warren E. Buffett, the Berkshire Hathaway chief, criticized the trading culture of Wall Street, which he says offers incentives to generate fees and fast profits. Over lunch with Andrew Ross Sorkin, he said he was skeptical of the modern-day hedge fund industry and added that his preferred strategy was still to buy and hold, Mr. Sorkin writes in the DealBook column.

It concerned him, for instance, that he was able to buy the equivalent of 10 percent of I.B.M. in six to eight months because of the market’s liquidity. “The idea that people look at their holdings in such a way that that kind of volume exists means that to a great extent, it’s a casino game,” said Mr. Buffett, who was in town to discuss a new book about his career, “Tap Dancing to Work,” by Carol Loomis of Fortune magazine."

http://dealbook.nytimes.com/2012/12/04/buffett-on-the-state-of-wall-street/