Filed under: Technology, Nintendo (NTDOY)
If you took a look at the very recent movement in Nintendo's (NTDOY) American Depositary Receipts (ADRs), you would probably come away thinking that they could be a buy. Hey, they very well could be.
However, if you took a look at a recent Reuters article, you might suddenly question the idea of stocking up on those very same ADRs. That's because, simply put, the cultural status of the Wii seems to be further weakening. Not only that, but the extremely popular Nintendo DS handheld system is facing increasing competition from other devices.
Continue reading Nintendo: Buy or Sell?
Nintendo: Buy or Sell? originally appeared on BloggingStocks on Thu, 09 Dec 2010 18:00:00 EST. Please see our terms for use of feeds.
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