CNBC just said Nintendo is a great buy right now, even at its current prices. The analyst cites the superior sales of the Wii and the 144,000 copies of Super Paper Mario sold last week. They are saying this is the right play in the video game industry right now.
Could be interesting to take a long Nintendo short Sony play (long Nintendo risk and short some video game industry risk). The problem with that play is that Sony is more than just video games and the stock is already depressed while NTDOY has been up. I do think both will fall if VG growth is below expectations so shorting SNE would provide you some hedging.
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Could be interesting to take a long Nintendo short Sony play (long Nintendo risk and short some video game industry risk). The problem with that play is that Sony is more than just video games and the stock is already depressed while NTDOY has been up. I do think both will fall if VG growth is below expectations so shorting SNE would provide you some hedging.