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NTDOY Rockets!

posted Jun 19, 2010, 4:52 PM by Mohit Kumar
Exactly a week ago, we were just about break even on NTDOY! In just about 5 days, the Japanese giant surged about 20%!  The video games sector is not yet out of trouble as there has been a slow sale of hardware and software. But great companies find a way out in bad times! It announced it will be releasing the Nintendo 3DS, a hand held that will include 3D display technology that does not require the use of special glasses. The 3D effect can be adjusted with a 3D slider for full or zero effect. The hardware also includes a Slide Pad analog controller, motion sensor, and gyro sensor.

Nintendo also expects an increase in Nintendo DS hand held sales by 11 percent to 30 million units. The 3DS could perhaps mark a turnaround for this cash rich veteran and the market thinks alike!

Our portfolio is looking very well positioned even in this tough market (don't worry about DWA / FORM as yet and keep diversifying!). We would be adding more strength and vigor to our portfolio in the coming months!

Keep Buzzing!