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Forums - Sales Discussion - VGStockz: Nintendo FY end report on May 7th

Today is Friday July 19.

Majesco (COOL) continues its steady upward trend. Should be able to hit 70 cents soon, a 10% growth.
Gamestop is still somehow defying gravity though appears to be leveling off. Over six months it has doubled in value from 22 to 44$. However, concerns should be leveled at the lower volume. There should be one more big volume spike which should send GME into a flat trend, and then a sharp downward spike.
Zynga ZNGA is still up 20% since Don Mattrick news, but appears to be returning back to reality on low volume.
Take Two (TTWO) is moving back up since its plummet one month ago. It's trending upward though down .5% today. Not too sure how long it can maintain momentum. Volume appears healthy though.
Nokia (NOK) still down from its early july test. It appears to have leveled off. Hard to say if it will succeed and move higher after its news of smartphone growth yesterday.
Ubisoft (UBI) pulls back a bit after its news yesterday. It is currently down 1.5%
Electronic arts (EA) is up and continues moving up. Down at open .5%
Nintendo NTDOY is way up over the last month by almost 40%. Strange. It's up today 2.7%
Nintendo stock relies mostly on cash reserves. The more cash they have, the better it performs. For some reason investors are confident in their holdings for the moment despite their home console not doing well.
Microsoft MSFT is still performing well over its 3-month period, up 10%. Today it opened about 9-10% down, cancelling a lot of headway it made, but a turnaround should be on the way.
Sony SNE still up but appears to be leveling. This is typical pre-news scenario. They announce financials on august 1st.
Up 40% over three months.
Dataram DRAM an undervalued player in the RAM chip industry is up almost 200% over three months. Increasing prices of ram are resulting in higher and higher profits. The console sales for the upcoming gen should affect this stock similarly.
Activision ATVI is still on a slow climb. Volume is healthy, and bottom support is strong. Should be able to hit 16 soon, possibly 17 by console release.
AMD down 17% today after huge growth over the past week. This is the lowest it has been in almost three months. Keep an eye on this stock. It has very strong potential over the next 6 months to double. With new reports indicating Nvidia falsifying data tests, and intel being down, AMD looks to be in a good position to rise. I would buy at 3.5$, if it even gets that low.
Skullcandy (SKUL) Continues its little dance up and down up and down, bottom support is strong and volume is healthy, and should be able to reach 5.80 or higher within a month. Rumours swirling around the company about possible buyouts make this a good spike stock to look out for. Even just a few shares could end up being very profitable.

COOL: +1.57% +.01 =.64$
GME: +1.83% +.80 = 44.43$
ZNGA: +.61% +.02 =3.44$
TTWO: +.37% +.06= 16.49$
NOK: -.12% -.01 =4.03$
UBI: -1.11% -.13 = 11.57$
EA: +.33% +.08 = 24.25$
NTDOY: +2.63% +.43 =16.78$
MSFT: -9.22% -3.27 = 32.17$
SNE: -.5% -.11 =22.03$
DRAM: -2.9% -.15= 5.02$
ATVI: -.03% -.01 =15.57
AMD: -16.48% -.76 = 3.88
SKUL: +1.11% +.06 = 5.46



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theprof00 said:

Yeah I noticed that too, it was coming off of the rumours that nintendo was going to start developing for ios. I'd say wait. Should have a dip soon.

I expect a dip post earnings although I hadn't really thought about ios speculation.  I thought maybe China allowing consoles and 3DS recent performance had something to do with it - probably a combination of everything really.  

 

I'm actually in now and trying to decide if the dip will be large enough to exit and re-enter.  After thinking about it I think it will fall at leat 5% maybe 10% post earnings, but probably not as much as I'd need to make the difference in long vs. short term capital gains taxes.   Since I think 3DS will continue to do well and Wii U will do at least ok once Mario, Kart, Smash hits I think the stock will go up another 10% or more from its peak eventually so trying to time a drop considering short term capital gains taxes probably doesn't make sense.  Guess I'll ride it out and hope Nintendo rights the ship with Wii U as I think doom is currently priced into the stock and even GameCube or N64 performance would shoot the stock up significantly.



Yikes, Microsoft stock is way down. I read it lost $32 bn in value in 1 day! :0



    

NNID: FrequentFlyer54

I think a weekly update would be easier to follow, something done every friday evening after the closing of the DJ.



aurelounet said:
I think a weekly update would be easier to follow, something done every friday evening after the closing of the DJ.

Thanks for the feedback.
How about I just post the numbers for open and close each day (in one post), and the do a weekly recap...?



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friday:
not doing update yet but blizzard just bought themselves out of atvi.
stock is up 15% and climbing



premarket high was 18.95 a high of 25%. 3 million in volume. this will be a huge day



I finally cashed out my Take Two position today.
I had been holding the stock for two years.
Overall profit is around 60%, I sold at 18$.
After cashing out of Bank of America 2 weeks ago this leaves me with only Apple, Ford, GE, Google, Nvidia and Microsoft as well some mutual funds...
I have to reinvest a bunch but I think I will wait for a dip. I'm not sure at all where to go either, I might go into Healthcare mutual funds until I get a better idea...



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

I've registered with my bank so i can buy my first shares, I'm planning on purchasing Sony SNE shares but they have been on a slow decline since their recent earnings report. I tempted to just buy some now so i can have a better understanding of how things work but i dont know how much Sony is going to keep dropping



Cool thread will have to keep an eye on it.

I only have stock in Caterpillar and Exelon mainly for the dividends since they are both pretty steady stocks to own for long term. Never thought about trading on a regular basis as it seemed too hit or miss. Might be more comfortable if I understood it better