Post by: Karl Castaneda #2 on November 15, 2006, 01:32:24 PM
It's no secret that the DS is making Nintendo filthy rich - the kind of rich where you use 50-Dollar Bills as toilet paper, and toilet paper as dog toilet paper. But if you were wondering how rich they're becoming, then you don't need to look any further than today's Reuters article.
In it, it's explained that Nintendo stock in Tokyo today closed at 26,750 Yen, after hitting a record high 25,770 Yen ($226.71 and $226.88, respectively). Not only that, but value has gone up a tremendous 88% since the calendar year started.
Also in the article, for comparative purposes, is the stock price for Sony Corp., coming in today at a mere 4,710 Yen.
With the DS Lite's unbelievable success in Japan, and the impending launch of the Wii, it sure is a good time to be a Nintendo shareholder.
Post by: wulffman04 on November 15, 2006, 02:05:22 PM
Post by: Pryopizm on November 15, 2006, 02:07:39 PM
Post by: KnowsNothing on November 15, 2006, 02:21:28 PM
MOAR DATA
Post by: Famicom on November 15, 2006, 02:43:40 PM
There you go.
Post by: Shecky on November 15, 2006, 03:21:43 PM
Post by: scot00 on November 15, 2006, 03:48:14 PM
-Scot00
Post by: roe on November 15, 2006, 03:56:55 PM
I had 1k this semester so I new I'd spend it, so in september i invested it in nintendo (ntdoy) at 24.85! so i'm glad it has gone up 13% in one month to 28.65... which is awesome. so research it at etrade.com ... ntdoy
Basically this is the public stock.. it has gained 13% in a month which is amazing. this week it has gone up 1-2% each day... so i'm hoping this continues until dec 2nd when it is released in japan. then i have to sell it to pay off my 900$ credit card debt lol... but im hoping it increases another 13% so i return a profit after sales.
etrade.com lets you buy it for 1k$ but you have to wait a few days for your money to clear to purchase overseas stock. even then, if you chooses hte instant cash option they dont let you buy japanese stock for 7 days! i had to call to have my trade sent through afte r8 complaints. however when i wanted to buy it in sept, it was 27$.. after bitching at etrade it was 24.85... so it was a blessing i cant complain lol. after... its back to 28 so i gained
so make sure if you buy the stock you get ntdoy, not the really really expensive non public stock!
Post by: couchmonkey on November 16, 2006, 04:13:16 AM
I don't know if now is the best time to buy NTDOY, though...we're so close to launch that expectations must be extremely high, the launch would have to amazingly well for expectations to go up any further. And after launch, I'm betting they'll fall off a bit again.
(I have no professional certifications to be giving out investment advice. All statements, other than statements of historical fact, included herein, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.) /arse saving
Post by: roe on November 16, 2006, 10:51:24 AM
i believe worldwide there are at least 1.2 million planed systems... is it 400k in japan and us or more? i'm not sure..
anyways... speculation has re-risen the stock to only 1$ from where it was in august... so when i wanted to buy in sept, it was stable at 27... in oct it dropped to 24.85.... it only has began rising steadily since november...
when release comes, it will rise greater on the sales of wii... however ds is still the reason why the stock doubled since e3.. so it is not going to fall to an obscene amount. however... for us broke people 28.55 to 31-34$ might not be worth it short term...
Post by: Renny on November 16, 2006, 10:54:15 AM
D'oh.
Post by: IceCold on November 16, 2006, 02:08:24 PM
