Nintendo reported off the hook numbers. The stock has increased almost 10 points from 56 in two days. It is really fun owning this one. I have enough money exposed to the stock at this point though. So I will just enjoy the ride.
TGI reported great numbers. I am really excited about this stock. They increased their EPS guidance for the year. Revenues were up 26% to 275M. FY 2008 revenues were initially only expected to climb 17%. Margins were also up. Their balance sheet is good (according to one of the analysts on the conference call - I am not that good at following stocks). The only dent in their report was that they burned 10.8 M of cash in the quarter. Other than that everything I heard was good.
I have decided to shift money out of about 30% each of AVAV and LNDC and invest that into TGI. Win with the winners.
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