Nintendo Share Value Climbs Once Again Ahead of Financial Results

I smell NX news in general

Anyone who bought a bunch of Nintendo stock early last week made quick money if they sold today.

The investing public believes tomorrow's reports and meetings are going to be strong financially and announcement wise.....we will find out how accurate their predictions are in a day.

My prediction is a drop in stock price of about 6% when Nintendo doesn't say or show much at the meetings.

Nintendo! Nintendo! say it with me! Long live Nintendo!

I have a feeling that if there is no mention of NX tomorrow, or even if there is but not enough to quench investor's thirst, these are doing to dive down again very quickly...

C'mon - it's not really anything to do with Nintendo financial forecast / performance. The Nikkei is up today and on a bounce after last months drop. I'm thinking end of tomorrow might be a good time to go short on Nintendo.

So investors are taking a punt on Nintendo announcing positive news. Aren't we all?

I wonder how much of that confidence is based on fact and not rumour and to what extent the cut of rates to -0.1% by the Bank of Japan on Friday is making a difference.

More interested in the announcements than the share value so fingers crossed for something solid. Even an annoncement of an announcement would be nice at this stage. Surely My Nintendo and Nintendo Account details are incoming?

I don't expect very exciting news tomorrow. I feel like more info on Nintendo Account and Miitomo is due though.

I'm sorry but this story really doesn't mean a great deal. The recent gains from the bull move can be wiped out in a heartbeat.

Prices continuously ebb and flow (Elliot wave) and being excited about a high from the last 6 weeks means nothing other than exactly what it is - a 6 week high. Using a different time frame the same data and price is also near the bottom of a 6 month low!

I don't mean to be negative but putting this into context might stop people from wave flagging that Nintendo is performing well. It isn't.

So when it drops off a cliff after the investor meeting then buying Nintendo stock would be smart.

I would think that right before the investor briefing would be the perfect time for a Nintendo Direct. That way you get to talk to investors right after giving a bunch of good news.

I expected a Nintendo Direct Announcement yesterday. Since it didn't come I guess they aren't going with my strategy

"which is hopefully an indication of good news to come."

Well it is indicative of news to come. "buy the rumor, sell the news" is a standard stock investment strategy, so the stock going up in the days leading up the the presidential fincancial Q&A makes sense. I agree w/ @Gerbwmu the stock will fall after Nintendo fails to announce any positive forward guidance.

The only real question going into tomorrows Q&A is "what will be delayed?". Investors have got to be thinking NX at years end b/c they read the same rumours and speculation we do. And Miitomo and the 4 games following need to be dated. And My Nintendo needs to be up and running.

The stock won't go any higher though, people buying it now have already planned on good news, so they won't run up the price, bad news and people sell.

@Gerbwmu "Anyone who bought a bunch of Nintendo stock early last week made quick money if they sold today."

Anybody who did that would be an idiot, because that's not how owning stocks really works. That's basically day trading, which mostly leads to financial ruin. I bought Nintendo stock in mid-2012 and they are doing better now than they were then. I am thinking of selling but still holding off. It's too early to tell - after nearly four years. Now I have a lot of stock I don't hold on to nearly that long, but Nintendo actually went under what I bought for quite a while and I certainly wasn't going to sell then. The one thing you know with a tried and true company like Nintendo is that their shares WILL eventually rebound. I am seeing that now and have been seeing it since last spring. But not to true potential - yet. It will get there. As an aside Nintendo is the weirdest stock in my portfolio. I mostly have mutual funds and banks and health companies and technology companies - Nintendo is the only company I have that provides entertainment. But it's the only one I really care about, too.

Get your trucks of salt ready for tomorrow!

@TheLobster
Actually the rule to stock goes as follows.

"Buy on rumors, sell on news!"

The other rule is "Buy low, sell high!"

Most investors and shareholders are short term, and buy/sell stocks to make a short term profit.

There is something wrong, if you are holding stock for more than few weeks.

With that said the Asian markets are up today, which is boosting most Asian stocks.

Now to wait for it to plummet when Nintendo does something that investors didn't want.

@NintendoFan64
That's how the stocks work.

Investors and shareholders expect to be catered to now days.

@Xenocity "There is something wrong, if you are holding stock for more than few weeks."

That is extremely incorrect my friend.

@datamonkey
It's extremely correct in today's market.

Very few investors both big and small are long term investors.
Most are in for a short term profit.

This is why stocks swing as much as they do on the market.

Very few people and institutionalized investors hold stock for more than a few weeks, let alone an actual month.

Today's investor is not the investor from the 70s.

@Xenocity I'm a retail intra-day trader so myself adhere to what you are saying but there are many retail and institutional investors out there that take long term positions. You can see many examples of this just by reading financial news.

There is absolutely nothing "wrong" holding stock over a few weeks/months.

@TheLobster - I dislike day trading, it's the reason the market is the way it is and, IMO, we would all be better off if the market was used for long term investing. Having said that, some one who makes 11%....lets say after taxes and fees it's 5% on their money in a weeks time isn't an idiot, at least not in this particular trade considering that works out to some 260% yearly ROI. I'm no fan of day trading but there are people who do it very well.

"To its highest point of 2016 so far"

Eh, we're still only in frikin' January.

Lol

@datamonkey
Technically there is nothing wrong with holding stock for a long period of time.
It's just horribly unusual and viewed negatively this day in age.

I read plenty of financial stuff (I'm being serious).
They all encourage day trading and short term buying/selling, if you want to make good profits.

Long term trading is mainly encouraged if you are building equity over time and/or the companies are paying good dividends.
But you will end up with less profits than you would have by doing short term trading.

There plenty of editorials and investment guide that look down on long term trading.

Sounds like an inevitable fall will happen after the financial result.

@Xenocity "They all encourage day trading and short term buying/selling, if you want to make good profits."

Thing is, trading successfully is not directly correlated with how long you hold a position but has everything to do with the strategy you use and your trading psychology.

That's why I don't buy into the idea of long term trading being 'wrong'.

Either way it seems we disagree so maybe we should just leave it at that!

I betcha some of those high points was Nintendo putting mediocre contents on mobile just to satisfied investors that there's something there, Nintendo's real focus is the NX and 4DS (whatever that's going to be call later on).

Coming soon: Nintendo suffers massive stock drop following earnings report! Everyone's probably expecting hardware news and/or mobile news beyond logic, and when Nintendo is predictably tight-lipped on the matter(s), it'll plummet. If I learned anything from 2015, it's to expect to be disappointed by any Nintendo announcement event. My expectations have never been lower, and I hope to be pleasantly surprised by whatever we actually do find out. Here's hoping for a Nintendo Direct soon to address with more detail some of the morsels sure to drop in the coming days.

@Fandabidozi Ditto!!

@Xenocity You can't make serious money selling after a few weeks later.

I made more than 45,000 on a 7,000 investment back in 1997. Everyone said that Apple was doomed, but I took a glance at the iMac, and bought all the shares I could (there were like 16-17 bucks). Later, in 2000, I sold them at 125 (took a 11% loss), just after they announced a split. So it was like a 65% return per year. Friends that have stuck with their stock have made 20k-30k per year, steadily.

Now, I receive like 11-12% return on a very diverse but not as aggressive stock for my retirement.

@Xenocity I agree with @maceng - yeah, you can make money selling stocks in a few days, but the serious money comes from holding it a bit longer. My stocks are diverse but not super aggressive (somewhere in the middle) and I make about 11% a year for my retirement. The average time I hold a stock is maybe fourteen months? Just a guess. Some I do sell as quickly as five or six months and then some like Nintendo I have held for much longer.

@Xenocity Anyway I think we can all agree that putting money in stocks for a period of time is a better investment than leaving it in the bank, as long as you don't take a loss!