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Nintendo Stock: Out of Reach
A Nintendo stock blog explains why average investors can't own a chunk of the big "N."
Date: Monday, March 12, 2007
Author: James Fudge

According to an interesting and detailed blog post at nintendostock.blogspot.com , Nintendo is talking the talk, but not walking the walk when it talks about allowing common people to own it's stock. In a fascinating breakdown on the company's stock, the blog report details why the common investor - especially in Japan - can't afford to buy into the company. Most of this is because Nintendo has set the number of shares you can buy on the Tokyo Stock Exchange at a minimum of 100.

According to the blog author's math (using late February's stock price), a purchaser would have had to pay 3.14 million yen or $26,167 to become a Nintendo shareholder. Only 4 other companies in the TSE have a higher entry price to become a shareholder. Not many common investors in Japan can afford to place such a stock order. The solution? Allow investors to buy a minimum of 1 share to get in on the action - that's about the cost of a Nintendo Wii.

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