Infamous Chris
Banned
Think it's Wall Street Money Never Sleeps
Thanks.
Think it's Wall Street Money Never Sleeps
http://finance.yahoo.com/q?s=Sne&ql=1
Sony stock price hovering around a 52 week low. None of Sony recovery plans and reveals has done anything (so far) to build investor confidence. We shall see.
The next psychilogical hit for the stock would be going below $15 and then obviously below $10
Sony stock price officially at 52week low. Outside of a downwards blip during the crash of 2008, the price hasn't been this low since the 90's (based on my quick observation).
http://finance.yahoo.com/q?s=SNE&ql=1 Closed today at $15.97
In contrast, here is the NASDAQ performance during the same period:
http://finance.yahoo.com/q?s=^ixic
Yet another 'tech writer' sucking on Apple's proverbial you know what. There is absolutely nothing amazing about Apple's phone, but that doesn't stop the 'press' from making the statement so matter of factly, with literally nothing to back it up. I guess popularity should always be equated with quality.
Sony stock price officially at 52week low. Outside of a downwards blip during the crash of 2008, the price hasn't been this low since the 90's (based on my quick observation).
http://finance.yahoo.com/q?s=SNE&ql=1 Closed today at $15.97
In contrast, here is the NASDAQ performance during the same period:
http://finance.yahoo.com/q?s=^ixic
Wait, so the stock is the lowest since before they entered the game industry (Sega CD games not counted)
Writing is on the wall for optical drives in PC's IMO. More than on the wall even. Its very obvious. How long until we reach that point is unknown though.
With respect to DD pricing, I can't remember which quarterly report it was and it is possible it was a couple but Netflix (FD: I'm a shareholder) made it pretty clear that the DVD business made them money while their streaming business lost them money. This was one of the reasons for the asinine and fleeting separating of the businesses. What many don't take into account is that the physical business is typically a fixed cost whereas streaming costs can be really difficult to predict.
Might have to pass on this hot stock tip to Brera.
If DD pricing on PSN is any indication physical media isn't going anywhere....
Almost the complete opposite. Streaming is highly fixed in cost (though increases for relicensing) whereas postage remains a painful variable cost. The spinoff of Qwikster would jettison the far less attractive mail business.
Because the margin on streaming is growing every quarter and the dvd margin is rapidly shrinking, it's sitting at 45.7% in the latest quarter.Netflix margins on their DVD business are >50%. Netflix margins on their streaming business are 11%. How does one derive "far less attractive..." from that?
Sell high, buy low? It could have been a move based on perceived long-term viability. I know there was a recent thread in the OT that was pretty bullish on shrinkage in the mail-in market. Retail rental boxes were the only physical media demonstrating strong growth. Sure Blu-Ray was demonstrating growth, but not at a rate commensurate with a true successor to DVD.Netflix margins on their DVD business are >50%. Netflix margins on their streaming business are 11%. How does one derive "far less attractive..." from that?
Sony stock price officially at 52week low. Outside of a downwards blip during the crash of 2008, the price hasn't been this low since the 90's (based on my quick observation).
http://finance.yahoo.com/q?s=SNE&ql=1 Closed today at $15.97
In contrast, here is the NASDAQ performance during the same period:
http://finance.yahoo.com/q?s=^ixic
To buy or not to buy
Surely they have to turn it around soon?
To buy or not to buy
Surely they have to turn it around soon?
That's the issue, I don't see any products that will immediately turn their fortunesWhy do they have to turn it around?
If you can answer that question with a logical response, then go ahead and buy. If not, then there will be plenty of time to jump on board after they actually do start to turn things around. Better off waiting until it happens, trying to time the bottoming out of a company is a great way to lose a lot of money.
That's the issue, I don't see any products that will immediately turn their fortunes
Perhaps E3 will change that
That's the issue, I don't see any products that will immediately turn their fortunes
Perhaps E3 will change that