Nintendo Wii shares soar this week

Nintendo Wii shares soared +493.69 DKP (+14.9%) this week to close at 3,803.86 DKP (forecasts 38.04 million units sold worldwide) as a wave of news indicating a strong launch has strengthened bullish sentiment for the stock. Nintendo appears on track to ship 4 million Wii systems worldwide in the six weeks between launch day (November 19) and the end of the year. Recent studies show electronics and video games will be the number one choice for holiday shoppers this year. On Wednesday, Walmart launched its $533 Wii pre-order bundle which reportedly sold out in minutes. Demand appears to be in place to consume Nintendo's supply through the end of the year. If this is the case, Nintendo may make great progress catching up with Microsoft's one year lead by year's end.