I sold my share (stock) from Sony

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kikie

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Last year I bought shares from Sony because I thought Sony was going to make a profit by selling a lot PS3's. I don't know anything about buying or selling but it worked out just fine. I made a profit in a couple off months. :)

One month ago I wanted to buy additional shares because Sony wasn't doing so well on the stock market. I didn't and I regret my decision because I could have made a little over 20% profit :(

I'm still going to follow the Sony shares and if they drop before March, I'm gonna buy again (If possible). When they sell in Europe, the shares must go up and I can sell again, earning some pocket money.

:)
 
You know the porn industry recently decided that they would use HD-DVD.

And you know how much force the porn industry has over the format wars right.
 
Who buys porn DVDs? Seriously, back in the day, I know that there was that VHS/Beta argument, but with almost everybody on the internet, who's going to buy HD-DVD porn? If anything, I would think it will have negative effect on HD-DVDs, because if you buy HD-DVD players from this point on, you are a pervert. :p

On topic, good going, kikie. 👍 I would guess that Sony stock should rise again, once the publishers release more games for the PS3, and again in next November-December, eh?
 
a6m5
On topic, good going, kikie. 👍 I would guess that Sony stock should rise again, once the publishers release more games for the PS3, and again in next November-December, eh?
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Thanks. You think so? But I'm following up on the European stock market (Germany I believe).
Last time they were at 29.30 per share and I wanted to buy. I sold at 35.70 per share. So If I had bought the additional shares, I would have made aroud € 8,000 profit. So I really regret I didn't follow my intuition.

C'est la vie! :guilty:
 
There are several Blu-Ray players from several different manufacturers besides Sony. There is only one manufacturer of HD-DVD players, Toshiba. You can't expect to win a format war if you are the only one manufacturing the format (Sony would know...).
 
you should have bought stock in Apple sometime before they started making the Mactels.
 
Here's what I would do:

Porn-industry chooses HD-DVD as their main format, and Sony's stocks might lose some value. This is when I'd want to buy.

I'd sit on them and watch the stock market, to see how Sony's doing. If they lose a little more value, I might buy a little more stock.

PS3 is released in Europe. Instead of selling at once, I'd wait for the press release on how the PS3 release went, and how the stock market reacted. If the stocks went up, I'd start selling.

That's what I would do. Really simple, buy cheap, sell with profit. But I'm not taking any responsibility for your money if take my advice!:sly:
 
I'd wait to sell until Kaz finishes with GT5 proper. Just consider that the game is the #1 selling Playstation Franchise of all time. Hell, It doesn't just sell Playstations, It sells Evos, STis, and GT-Rs, too!
 
Thanks for all the advice. I guess I had beginners luck. I bought low and sold high and made a nice profit. Not much but enough.
 
Event
you should have bought stock in Apple sometime before they started making the Mactels.
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My uncle bought stock in apple before they released Macintosh, instead of going to college. He now owns a two story, 5 bedroom house in a little cul-de-sac in NJ, 2 kids, wife, dog and cat. He owns his own carpentry business (he designed the reception desks in Independence Hall) he is very successful. He could only afford his house because of the selling of most of his Apple shares. Also, Apple is still a healthy investment for him. So, apart from price, there is no reason not to buy Apple stocks. :)
 
My dad bought share in Eidos after they made the first Tomb Raider for about £2 per share, he sold them at over £40 per share, they went upto about £50 per share, but now Eidos are worth nothing.
 
You sold a stock after only a year? Wow.
 
Omnis
You sold a stock after only a year? Wow.
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I've bought stock and sold it within a week. The only two long term companies I have stock with are Llods TSB, I get a noice yearly dividend with them, and a packaging company called Stenelco who are a bit 50/50, if they get the funding they need they will sky rocket, but they need funding.
 
live4speed
I've bought stock and sold it within a week. The only two long term companies I have stock with are Llods TSB, I get a noice yearly dividend with them, and a packaging company called Stenelco who are a bit 50/50, if they get the funding they need they will sky rocket, but they need funding.
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You still made a decent profit even after transaction fees?
 
A few things here and there...

On SNE stocks:

For quite a while it was fairly silly idea to buy into Sony based only on their videogames. Most analysts agree that the Playstation brand is losing money (for the most part) for Sony right now, and the stock has fluctuated a bit lately. If you take a look at the 1 year chart for SNE, you can see some pretty wild fluctuations in the chart, particularly of note was around the time of E3 and further the launch of the PS3. It would be smart to buy Sony at a low level and thereby hope for the best, but as of right now, I'd probably stay away from Sony. Simply put there is a lot of risk involved with the company, and it is too much for me to be placing money into. And yes, I wouldn't invest in Microsoft either right now. Sure, Vista will do great, but that damn iPone is going to kill some shares at Microsoft, you better believe it...

sne


Gen.
You know the porn industry recently decided that they would use HD-DVD.

And you know how much force the porn industry has over the format wars right.
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diablomonkey
actually the porn industry is slowly in decline...(a little FYI)
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The pr0n industry's support of HD-DVD is indeed going to bring a lot of positive buzz back to the HD-DVD table, and it will be interesting to see how things do end up playing out. However, he is right in pointing that sales did decline a bit for the industry on the year. That however is a bit misleading. Considering the rapid growth in the industry, there was bound to be a slight decline at some point, and much of that does have to do with the movement towards the internet for pr0n in most circumstances.

kennythebomb
I wonder if shares will continue to go up due to the wild success of guitar hero?
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Actually, that would have no effect on SNE sales whatsoever. Harmonix and Red Octane were absorbed by Activision last year, and they plan to take the game multi-platform, I believe the 360 going first. So if you're looking to invest based on Guitar Hero, Activision is the place to go looking (I think they are listed on the NASDAQ).

Omnis
You sold a stock after only a year? Wow.
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I nearly did the same thing not too long ago. After it appeared that the tech market was digging out of it's post-apocalyptic hole after the collapse in 2000, I was prepared to buy a bit more than $100 worth of Sun Microsystems which were selling for about $0.35 a share. By the end of that summer, shares of Sun were at nearly $35. That was indeed a bit over $10,000 out the window, and I'm particularly saddened by that. But hey, thats economics for ya!

mrnoname
get stocks for PD

when GT5 comes BAM

make a mint
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Actually, you would be better off just buying share of SNE, given that PD is part of the SCE group. It is the same story for companies like Rare, which are owned by Microsoft these days. If you really want to play the speculative programmer/big-buyer game, shares of Capcom are always in the eye of Microsoft, as their "I want/do not want to buy you" deal is always going on.

---

I think on the whole, investing in videogames is a somewhat shaky business. Look no further than Take-Two Interactive (the dudes behind GTA) for a good example why it is good to get in early, and then dump it at it's peak. Shares have dropped off more than $10 recently, and the company has slashed it's earnings reports.

If you would want to get into gaming-related investments, I think you are going to be looking at shares from Intel, HP, and Apple to drive the market. Intel's advancements in chip-sets has been staggering, and the use in Apple computers has only made the situation better. As for HP, they have a pretty wide range of exciting new Vista-based products coming out soon, and they are certain to catch the fancy of many new-computer buyers. As for Apple, well they are indeed the hot ticket, however that is one that I would go into carefully.

...Assuming the iPhone does well, shares will probably increase. However, share prices have increased fairly dramatically in recent memory, so the company may be on a bit of a bubble. However, I was to be buying shares of Apple based only on the iPone, make sure you match it up with AT&T and possibly Vodaphone as well.

I love playing the money game with the stock market, but I'm just a bit too scared to get in right now. At least in America, I fear we are on a bit of a bubble, but it is hard to tell. I want to get it, but I just don't like the idea of separating from my money in a situation like this...
 
Omnis
You still made a decent profit even after transaction fees?
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Sure, the company I buy and sell stock through charge £15 per transaction, I bought shares in a company called UK Xpress a long time ago for 5.3p per share, the next day they were 6.2p per share, they were a communications company that werenever going anywhere but had a good run that year. I knew that later on that day they were going to say they had exeeded profit expectations that year. So I bought the shares, they made the statement, the shares went up alost a penny, I sold them the next day and netted a few hundered pounds. The company wasn't around by the end of the year, you see the company I worked for put an offer in to buy their client base the next week, and the deal went through so had I held onto the shares I would have lost money on them when they became shares for the comapny I was working for at the time. Most shares I buy I keep for a couple of months, I usually buy them if I'm expecting a positive announcment from a company in the near future or an investment looks likely ect then when that comes I sell them, I only really hold onto shares in a company if I see massive potential in there. For example Stenelco is a long term investment for me, but if they work out I can make a lot off them, the shares are only just over a penny a share at the moment but if they get the funding they need and their produce is a good one, they will easilly go over 10p per share. Lloyds TSB are also very long term, they could well turn out to be a lifetime investment. They give me financial freedom thanks to an annual dividend that works out at almost 10% of the value of my initial investment with them, and whenever Lloyds TSB shares drop below £5.50 I buy more of them and it keeps thoes dividens at between 9-10% of the investment made.
 

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