Nintendo's market capitalisation is now over $53 billion.

Unfortunately it is unlikely to drop on its own because the Wii's growth has already been factored in to the valuation. This is why Google stock is ridiculously priced because investors expect growth. Also, if it is on the way down (or has tumbled) it seems slightly stupid to rebuy considering this.

Edit: Seeing the post above about growth, hardly any of those methods are "accurate" for technology stocks. Although comparative metrics do, to an extent, help because of lock-in and network externalities involved (which cannot readily be factored in) they are usually crazy.

 

Stocks can zoom to a valuation too fast you know. That's what I'm betting on. Nintendo for example shot up to $37 from a $29 valuation in mid January based on the Christmas sales, and then dropped to $32 a couple of weeks later.

In this same frame, we've shot up from $40 to $46 in only 2-3 weeks. I'm banking on a retrench considering there's no news for at least a month. 1Q end for Nintendo is June 30th, so they won't release financials until August most likely. Besides E3, there's nothing else in the pipeline between now and then.

Just a little profit taking.

 

I suspected something like that, since the graphs of the stock's value for each exchange were nearly identical. Certainly, it is an absurd valuation of Nintendo, despite their success.

 

Yes. You also forgot to mention the stocks can shoot down. Arguably it's safer to bet against the loss than a profit (maximum loss of your investment vs. infinite potential rise), but there is a reason for these dramatic shifts. The markets are pricing in growth, see it realised and take it. They really don't give a shit about the company Nintendo as a whole, just how many units it moves and how much profit/dividend they will recieve.

 

Speaking of, the local news here just had a series on how a rehabilitation section of the local hospital is using Wiis for people to exercise recovering arms. They profiled a local police officer who got hurt (stabbed?) in the arm pretty bad, and hasn't been able to fire a gun since. They have him on the Wii for hours at a time playing what looked like a Duck Hunt clone with a weight around his wrist and he was using the remote as the gun. The doctors said they currently have four people using the Wii, and that its an excellent device for helping these kinds of recovery.

The only problem I saw was that they had it hooked up to a tiny 13" TV.

I thought it was pretty interesting because it came across so honest and was actually being used professionally instead of the usual laughing it off with goofy "lol games i'm too old for this" remarks these pieces usually give off.

 

That's a very good idea. Getting peopel to do exercises for the sake of exercises is down0right dull! Exercising isn't a hobby but a chore! If you can turn it intoa game or pasttime, you're ontoa winner in every way.