By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Nintendo - Nintendo Stock Jumps To 15,020 Yen Per Share

"Nintendo stock has jumped to 15,020 yen per share, which is apparently the biggest surge for the company since July 2011. The shares rise happened today, January 8th, after China temporarily suspended a long-running ban on selling video game consoles. The country outlawed systems like Wii U in an effort to protect young people from the supposed negative influence of video games.

“Nintendo has to explore markets in Asia including China in order to increase its sales and profit,” said Iwai Cosmo Holdings analyst Tomoaki Kawasaki. “China is a promising market, even though there is a risk games will be pirated.”"

Source: http://mynintendonews.com/2014/01/08/nintendo-stock-jumps-to-15020-yen-per-share/

Lock if re-posted.



https://www.trueachievements.com/gamercards/SliferCynDelta.png%5B/IMG%5D">https://www.trueachievements.com/gamer/SliferCynDelta"><img src="https://www.trueachievements.com/gamercards/SliferCynDelta.png

Around the Network

Those new investors are gonna love the Q3 results.



Soleron said:
Those new investors are gonna love the Q3 results.

lol, numbers dont matter in japan anymore, the hole stockmarket in japan ist manipulated, even more than in the us.



generic-user-1 said:
Soleron said:
Those new investors are gonna love the Q3 results.

lol, numbers dont matter in japan anymore, the hole stockmarket in japan ist manipulated, even more than in the us.

No.



I don't know much about the japanese market, although I do invest in stocks in my country.
Generally, when stocks rise without a clear reason, it is because the company made money, and some insiders filtered the information.

Nintendo being decently profitable again would be very good news. They did have Pokemon and an ok december for wii u and its software.



Around the Network
Miguel_Zorro said:

Damn.  I was just looking at Nintendo stock earlier this week.  I didn't buy, because I couldn't justify the valuation that it had before this little spike.  The stock has been on a good run lately that's difficult to explain.

u can explain any of the other stocks good run? well i can, fed is printing shitloads of money, and so is boj...



saw this on Gaf, along with this http://www.neogaf.com/forum/showthread.php?t=747631&page=1



MohammadBadir said:
saw this on Gaf, along with this http://www.neogaf.com/forum/showthread.php?t=747631&page=1


and i saw these on gaf XD



WiiU saved?



It seems that Nintendo market cap is bigger then all of the 3rd parties combined (of course except Microsoft and Sony). Yeah, so much fo going 3rd party...