http://finance.yahoo.com/echarts?s=NTDOY+Interactive#symbol=NTDOY;range=my

This a long term chart of the name.  It exploded through the 50 SMA on the monthly on the announcement of finally getting into smartphone gaming.  It backtested that move and appears to be turning higher.  Their first smartphone game is now generating 280k USD per week and this game is just a social networking game.  It isn’t even the big IP guns like Mario or Zelda.  They are target 5-7 games by 2017 and have a new console in the pipeline.  I’m a huge believer in the name and am looking for another run to the old highs.  Their IP is absolutely huge and they are now attempting to monetize it outside of their native consoles.  The company has an 18 bln USD mkt cap and over 8 bln in cash with no debt.

 

I highlighted it here and bought some that day.  I added today.  It is my third largest position behind Newmont and IBB.

Something perking my interest in Japan… NTDOY