BTW, I also bought some Yen. I figure if Dollar gets weaker against Yen and it hurts Nintendo, I'd recover some from the strong Yen.

In the quarterly report Nintendo said that it has hedged the declining dollar. They did not elaborate. I agree that NTDOY's valuation seems more stable priced in dollars than it does in yen. It has been a heck of a run for a mega cap.

Hey, just found this thread. I bought some Nintendo stock back in May at $40 and a bunch more since then. I am very happy with my investment.

The Symbol NTDOY only changes once a day in the U.S. but if you go onto fidelity.com and check the quick stock quote you can see the current bid and ask price and use it to figure out the rough price in US dollars in real time. I don't know if you guys already knew this, but it might be helpful when buying and selling.

So far it looks like NTDOY is down about 40 cents today.

Get the same quote here without logging in, unless you are paying for level 2: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=NTDOY#getQuote

down we goooo!!

wheeeeeeee ... x_x

Hopefully, we can go back to the 60's. I wouldn't mind picking up a few more shares.

hmmm... guess this is the right thread to express my excitement!  i am extremely excited to have accepted an offer to join a hedge fund in a top wall street investment bank.  while it's probably okay to continue owning stocks, there are too many pages (actually, only about 4) of ownership rules and regulations to understand so for my first year working there i'm just not gonna bother owning any stocks.  so i'll sell everything before starting middle of next year.

it becomes quite likely i'll be selling all of my NTDOY (along with everything else that i'm in the black) before end of the year, because of tax considerations.  stocks i'm in the red i'll sell next year, also because of tax considerations.  (as a phd student, my income this year is very small)

i have learned a great deal reading about people's arguments how nintendo will succeed; indeed, it is one of the examples i used during interviews.  so i owe getting this job to many of you guys!

i'd also like to say a few things about the nature of my employed position, because very few people actually know this kind of jobs exist on wall street.  i'll be a so-called "quant":

http://en.wikipedia.org/wiki/Quantitative_analyst

My position will have absolutely nothing to do with the typical analyst you read about in the news.  For my role, mostly, I'll be creating and refining mathematical models and coming up with new algorithmic trading strategies.  Some people describe a quant as a "glorified programmer", and essentially they're right.  I won't be a "quantitative developer" (there are many types of quants too) since computer science isn't my background, but coding would still be a substantial part of the work.

I'll be happy to answer any questions you guys might have regarding how people in hedge funds think in the securities industry!  After I actually start work (which is half a year away) I'm supposed to keep my month shut.

Congrats Lyngsis! Although I'm sad we won't hear too much from you anymore.

thanks guys!  like i said, i'm very excited... the past 6 years of grad school has been so damn difficult, an absolute nightmare (at least i'll know what kind of advice to give my kid (when i have one) regarding attending grad school).  finally, light at the end of tunnel... a recruiting brochure for phd's says "you worked hard for your phd.  now let it work for you." and when i saw it, i'm like, "you're damn right about that!"

 $3k a year?  hmm... well, still better next year than this year i guess.