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Sony Corporation (SNE)
at 5:52PM PST on January 24, 2009.
RE: Analyst Cuts PS3 Predictions
If it was not Playstation brand, I would have shorted this one long time ago. However, since it is playstation brand, I dare not short it. Especially since PSP manage to stage a comeback (H/W only) in 2008, after releasing PSP 2000, PSP 3000 etc. This stock is too risky for me, so I am staying out of this one. Good luck shorting this one.
I noticed that you are short on PS3, X360, Wii, NDS. The only H/W platform that are missing from your short list is PSP. I wonder, what was the average short price of your Wii and NDS ?
BTW, I am long on Wii and NDS, even though only the NDS showed up on my public profile.
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