Just my opinion, but I still think NTDOY is a great buy right now too, particularly if you are a long term investor. I just hope there is a dip so I can buy more.
I don't have much experience going short but I think Electronic Arts (ERTS) is the most dangerous one and a possible candidate for your pair trade. EA so far has not really benefitted from Nintendo's success and have been scrambling to bring Wii development up. At the same time if there is some unexpected industry wide slow down they will be hurt the most. The analysts all seem to like ERTS 18 buys, 11 holds, and only 1 sell.
Although right now I think you might as well just go long Nintendo and forget about shorting. Full disclosure, I am long shares of NTDOY.
5
I don't have much experience going short but I think Electronic Arts (ERTS) is the most dangerous one and a possible candidate for your pair trade. EA so far has not really benefitted from Nintendo's success and have been scrambling to bring Wii development up. At the same time if there is some unexpected industry wide slow down they will be hurt the most. The analysts all seem to like ERTS 18 buys, 11 holds, and only 1 sell.
Although right now I think you might as well just go long Nintendo and forget about shorting. Full disclosure, I am long shares of NTDOY.