Panoptic Management Consultants' Asif Khan and Adam Kraus have put together their list of game stocks that are worth your penny. They'be pegged Nintendo as a Super Mega Buy, with their reasoning listed below.
Super Mega Buy
Nintendo - NTDOY
6/23/10 price $37.40
1/22/11 price $34.14
1/31/12 price $16.94
5/31/12 close $14.32
-61.71% return since we initiated coverage at Buy on 6/23/10
-15.46% return since we upgraded the stock to Super Mega Buy on 1/31/12
High since our last report $19.62
Low since our last report $13.74
Full report here
Super Mega Buy
Nintendo - NTDOY
6/23/10 price $37.40
1/22/11 price $34.14
1/31/12 price $16.94
5/31/12 close $14.32
-61.71% return since we initiated coverage at Buy on 6/23/10
-15.46% return since we upgraded the stock to Super Mega Buy on 1/31/12
High since our last report $19.62
Low since our last report $13.74
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Finally something good in the world of Nintendo news.
I'd certainly buy some Nintendo stock if I could.
>Nintendo
>Good news
Pick one. At least according to this industry.
Well, one does traditionally buy low, and on the heels of potentially exciting advancements. A 3DS Lite, a price drop on the original 3DS, strong software announcements, and some potentially media attention-grabbing some things to reveal about the Wii U from behind the curtain . . . might be a great time to grab some stock.
I am actually considering grabbing 100 shares
I must learn how to buy this stock some how. (>$_$)>
www.sharebuilder.com I use this... NTDOY
Yep, finally dove in with 135 shares at 14.61 a piece.
I went through troweprice since I already had a 401k with them.
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