Poll of the Day > I think I'm going to buy stock in Nintendo.

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Claude_Frollo
04/05/17 2:05:18 PM
#1:


Too many times I've thought to myself, "I bet their stock is going to go up" only to be proven right and bemoan not having bought stock. I should've done it prior to Pokémon Go. I should've done it prior to the release of the Switch.

I need to get in on this before I regret not investing prior to this e3.
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JoanOfArcade
04/05/17 2:08:33 PM
#2:


You aren't Japanese or old enough to buy stock
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Lightning Bolt
04/05/17 2:09:01 PM
#3:


I wish I were Japanese enough to buy stock. :(
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JoanOfArcade
04/05/17 2:09:18 PM
#4:


Lightning Bolt posted...
I wish I were Japanese enough to buy stock. :(

You have to be to buy Nintendo stock.
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krazychao5
04/05/17 2:10:35 PM
#5:


Just need a broker that can trade in the Nikkei market.
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Foppe
04/05/17 2:29:40 PM
#6:


Nintendo stocks today is worth pretty much the same as what they were worth in early 2000, ~26,000¥.
2008 was when they were worth lots of cash, ~70,000¥.
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Claude_Frollo
04/05/17 6:07:40 PM
#7:


I have to get my hand in before e3.
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Cacciato
04/05/17 8:19:43 PM
#8:


Better do it before the 27th.
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Claude_Frollo
04/05/17 8:20:28 PM
#9:


Cacciato posted...
Better do it before the 27th.


Why's that?
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Cacciato
04/05/17 8:23:28 PM
#10:


Claude_Frollo posted...
Cacciato posted...
Better do it before the 27th.


Why's that?

That's their next financial report date according to CNN Money. Which means if the Switch and Zelda did well their stock price will jump. E3 is good too since it'll more than likely jump, but now is when I would buy.

The problem with stocks like Nintendo is you really have to be in it for the long haul. It looks like they're sitting around $30USD which isn't too high, which is good, but I leave the long term shit for my retirement account and like to fuck around with the lower priced stocks.
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eating4fun
04/05/17 8:24:08 PM
#11:


http://www.theverge.com/2016/7/25/12269466/nintendo-stock-plunge-pokemon-go
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Cacciato
04/05/17 8:26:35 PM
#12:


eating4fun posted...
http://www.theverge.com/2016/7/25/12269466/nintendo-stock-plunge-pokemon-go

Yeah, you can see on here, if you have it set to 2 years, that it would've been brilliant to buy right beforehand and then sell off. Even after the drop they were still a full 5 bucks higher than they were before the release though.

*Wont let me post the full link, but if you look up they're stock on Yahoo Finance you can see what I mean.
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Claude_Frollo
04/05/17 8:28:06 PM
#13:


April 27th... alright, thanks for the notice.
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"Look man, no matter how much you kiss up to me, I'm not gonna indulge in your fetish" - DorkLink, the best poster on GameFAQs
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thecolorgreen
04/05/17 8:32:05 PM
#14:


I feel you op. "hmm I bet nvidia stock will rise after announcing gtx 10 series"
> goes up 25% overnight.
dammit.
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Claude_Frollo
04/05/17 8:32:45 PM
#15:


thecolorgreen posted...
I feel you op. "hmm I bet nvidia stock will rise after announcing gtx 10 series"
> goes up 25% overnight.
dammit.


Seriously. Nintendo stock more than doubled after Pokemon Go released.
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jamieyello3
04/05/17 10:54:41 PM
#16:


Why would you buy it right now when they're doing good? Buy Nintendo stock when everyone is talking about ninten-doomed. Investors don't know the pattern, Nintendo never dies, and every now and then they explode with another Wii.
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Claude_Frollo
04/05/17 10:55:43 PM
#17:


jamieyello3 posted...
Why would you buy it right now when they're doing good? Buy Nintendo stock when everyone is talking about ninten-doomed. Investors don't know the pattern, Nintendo never dies, and every now and then they explode with another Wii.


Because there's sufficient reason to believe that their stocks will rise soon. It may not be a dramatic spike but it'll likely rise and there's no point in not taking advantage of that.
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jamieyello3
04/05/17 11:51:52 PM
#18:


Claude_Frollo posted...
Because there's sufficient reason to believe that their stocks will rise soon. It may not be a dramatic spike but it'll likely rise and there's no point in not taking advantage of that.

Yeah, but that's what everyone else thinks too. What most people don't realize is that when Wii U/their main console is selling like trash Nintendo is still doing fine.
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krazychao5
04/06/17 9:11:38 AM
#19:


I just purchased 2 shares in my IRA.

Er, I placed an order...market isn't open yet, even though it's in Japan, which should be open...or is the market closed already? lol

Let's go Nintendooooo!
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jamieyello3
04/06/17 11:17:38 AM
#20:


I literally have zero experience in stocks but reason tells me to wait a couple months in mid summer. It's possible another big defect scandel will come up, or people will start losing confidence after people start selling their $360 Zelda Machines. Then when the stock drops, it's a great time to buy it. At the end of the year we could have more games, and then Nintendo's doing great. Right now just seems like an artificial high though.

Have you seen the bending Switch consoles though? I smell a train wreck approaching, and that's opportunity.

By all means that's just me.
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