Without getting into those pesky things called numbers, Nintendo's
stock was up 5% at the close of the Tokyo Stock Exchange today. This follows yesterday's
August NPD report showing in the US the Nintendo Wii and DS continue to be on track like they're on
Pokémon Safari. Nintendo's stock has seen
a steady increase since E3 2005.
Anticipation of the Wii and continually strong DS sales really got the stock shooting skyward late last year. Analysts are saying that if you're looking to buy Nintendo stock to go right ahead, this train ain't stopping anytime soon.
The Wii and DS continue to be on a
global rampage as far as anyone can see. Like the
Financial Times reported, Nintendo has strong sales in
all markets, not just in the States like the Xbox, or the PS3 in, um ...
Australia likes it. It's moments like this that truly make us wonder where Nintendo would be now if they could figure out their
production issues.
Reader Comments (Page 1 of 1)
WiNG @ Sep 14th 2007 10:03AM
Just to prevent 500 stupid comments:
It represents the "bull market". It is *not* a pokémon.
Zertoss @ Sep 14th 2007 10:11AM
But it's clearly using Headbutt.
Donald @ Sep 14th 2007 10:17AM
Whaddya mean that's not a Tauros?
WiNG @ Sep 14th 2007 10:19AM
who asked you anyway, Supersonic? What's wrong with regular Sonic?
Rich @ Sep 14th 2007 10:55AM
Tauros, I choose YOU!
Loki @ Sep 14th 2007 10:16AM
Now this is great snooze...
upz @ Sep 14th 2007 10:25AM
In all seriousness though, I don't think Nintendo trades in the US. How do I even buy their stock?
RichGuy @ Sep 14th 2007 10:47AM
Sure, they do. They do it via pink sheets...
http://finance.yahoo.com/q?s=NTDOY.PK
I bought $5000 worth of stock at around $24/share before e3 2005 because of the DS sales. Then the Wii exploded. Now, I have $10000. Sold some shares to get all 3 systems. Thanks for the free video game systems, Nintendo!
Mr Khan @ Sep 15th 2007 3:41PM
2003/2004 probably would've been the ideal time to buy, but i wasn't aware, for a long time, that it was possible to trade with a japanese company (but i was 14 or so at the time, didn't know much)
Sam @ Sep 14th 2007 10:31AM
I'm glad you guys decided to use something other than the ubiquitous "It Prints Money!!!" graphic.
Sean @ Sep 14th 2007 11:24AM
"That's a picture of me taking the bull by the horns."
Vegnagun @ Sep 14th 2007 11:41AM
"It's a metaphor...but that really happened"
samfish @ Sep 14th 2007 12:37PM
It probably means there's something wrong with me, but I'm curious to know if that bull statue has a penis...
Shagittarius @ Sep 14th 2007 2:28PM
Wouldn't a Wiinis be more appropriate for the article?
MrB @ Sep 14th 2007 12:39PM
Why hasn't Curmeo come in here and bashed the Wii yet?
Kye (NDF - Earth Ring) @ Sep 14th 2007 12:56PM
That reminds me of the bull statue we have in our Birmingham Bullring Mall.
http://www.eurobusxpo.com/newpages/photos/Birmingham-02.gif
Nice to know Ninty is doing well, wish I could buy some stocks though :(
Samfish, I believe that like our own statue, the bull would be anatomically complete.
Rask @ Sep 14th 2007 4:40PM
The higher they are, the harder they fall..
hvnlysoldr (NDF - Wind Ring) @ Sep 14th 2007 4:47PM
Man I can't wait for the Sony and MS shockwaves.
jwasko @ Sep 14th 2007 4:52PM
There are actually two Nintendo stocks (I think). Go to CNN money and search for "NTDOF" and "NTDOY." During my economics class in 2006, I "bought" both for our stock game. I can't remember NTDOY's price back when I bought it, but NTDOF was less than $150. Now it's over $460.
Moral of the story: I should have convinced my parents to buy some Nintendo stock(if it's even possible to do so).
By the way: I also "bought" Konami stock, banking on the chance that they would reveal at E3 that MGS4 would come out soon. They didn't, and I didn't make much money off that.
Rubang B (NDF - Heart) @ Sep 14th 2007 5:09PM
If you really want to make money, you should buy stock in every video game company in the world. Yeah a lot of them will fail, but as a whole the industry is growing exponentially every single year. And if you want to play it safe you can buy stock in everybody but Sony.