Sony stock hits new 52 week high

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Mr_No on 23 January 2015

Here's hoping they keep doing that well. I thought that keeping their big TV's on sale, things would still look dicey for them.

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ArchangelMadzz on 23 January 2015

kowenicki said:

daredevil.shark said:
I hope they can make a comeback.

They arent trying to make comeback.

I think you are missing the point and their direction.

They have massively downsizing and are exiting markets. THATS why the stock is rising. It isn't a comeback, it s a repositioning as a small and more focussed business. Pretty much exactly what I said would happen years ago. But I was a doom merchant. Sony now is very different to Sony of 5 years ago and it will continue ifor a few more years yet. Profitability has to show through from now on... and I think it will. Next they need to completely ditch mobile. The work would then be complete.

It makes no financial sense but I hope they keep the mobile division, I'm really looking forward to how much of a uberphone the Z4 is rumoured to be.

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Ssliasil on 23 January 2015

Pre-Market Sony Stock for today is at $22.82 per or about +0.65...we could see a 10% jump by the end of the day if that rate keeps on.

...uhh...ill just put my favorite quote of all time here.

"Welcome to Pain, the second of three...You have dealt the first...now deal with me!!"

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generic-user-1 on 23 January 2015

DerNebel said:
Any special reason for that spike today?

QE from the ecb... this has nothing to do with sony, japan is allmost totaly green today with heavy gains...

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0815user on 23 January 2015

generic-user-1 said:

DerNebel said:
Any special reason for that spike today?

QE from the ecb... this has nothing to do with sony, japan is allmost totaly green today with heavy gains...

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Xenostar on 23 January 2015

Great news. can someone with market knowledge explain something to me,

Whats the differnce between the one in the OP and this one https://www.google.com/finance?q=sne&ei=Ok_CVO7cN4qp8gampoHYBw

Are they the same stock directly linked but through different markets, or are they completely separate and if so why?

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Burek on 23 January 2015

Xenostar said:
Great news. can someone with market knowledge explain something to me,

Whats the differnce between the one in the OP and this one https://www.google.com/finance?q=sne&ei=Ok_CVO7cN4qp8gampoHYBw

Are they the same stock directly linked but through different markets, or are they completely separate and if so why?

It is the same stock. First value is in Yen, as Sony is listed on Tokyo Stock Exchange. The second number is in US Dollars, for ADR (American Depositary Receipt). This allows the stock listed in foreign countries to be traded in the US, basically allowing US citizens to trade in their home country, and receive all dividends and gains in Dollars (so you don't have to deal with the foreign stock exchanges).

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generic-user-1 on 23 January 2015

kowenicki said:

generic-user-1 said:

DerNebel said:
Any special reason for that spike today?

QE from the ecb... this has nothing to do with sony, japan is allmost totaly green today with heavy gains...

Partly. But Sony has risen more than the market for some weeks now. It is anticiaption of the results due in the next few weeks.

but not today, they arent gaining as much as other big companys...

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Xenostar on 23 January 2015

Burek said:

Xenostar said:
Great news. can someone with market knowledge explain something to me,

Whats the differnce between the one in the OP and this one https://www.google.com/finance?q=sne&ei=Ok_CVO7cN4qp8gampoHYBw

Are they the same stock directly linked but through different markets, or are they completely separate and if so why?

It is the same stock. First value is in Yen, as Sony is listed on Tokyo Stock Exchange. The second number is in US Dollars, for ADR (American Depositary Receipt). This allows the stock listed in foreign countries to be traded in the US, basically allowing US citizens to trade in their home country, and receive all dividends and gains in Dollars (so you don't have to deal with the foreign stock exchanges).

Thankyou.