Thursday, May 17, 2007

Nintendo dominates console market (again)

Today, May 17, the market research firm NPD released console and video game sales figures from April 2007. Nintendo has the two top selling consoles in the US market as well as the top 4 games.

This japanese stock is also traded in the US (pink sheets ) under the symbol NTDOY.pk. The stock has more than doubled over the past year, and is currently trading at around 42 dollars. I have been in this stock since 36, and feel it has more room to go up. I will be giving it an in depth analysis in the coming days.

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