Nintendo Fights Its Way 2 da Top!
The Japanese stock market has been doing pretty rough due to our mortgage problems and our stock market slumps. One company has been beating all odds in a very volatile market and is continuing to grow in large numbers. Of course I am talking about Nintendo. Nintendo is about to hit a all-time record for its shares and it has the Wii to thank for it (also DS ain’t doing bad either). Nintendo might even increase its earning speculations next quarter in order to show the world “Mario is back!”. Goldman Sachs, Merrel Lynch, and other investment groups have all given the stock a buy rating and forecasted that it could hit Apple level stock prices (which is phenomenal for a game company). The shares went up 274 GBP at its height and closed at 27 GBP. The Wii is not coming to any stop on its path of gaming dominance and the market is showing its wholehearted support!