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Non-Tech : BNDCY - Bandai Co., Ltd.

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To: wooden ships who wrote (138)9/9/1997 9:38:00 PM
From: Marty   of 225
 
You know, it could be the Japanese market as a whole that is down and it is taking Bandai with it. As I understand it, BNDCY, is actually traded on the Nippon stock exchange and the prices we see on the NASDEQ are reflections of the price on THAT market. I could be wrong, but why else would we only get one price a day?

I keep asking myself why would anyone sell stock in the company with the best selling toy in the absolute world, making all kinds of deals with big companies for follow-on and peripheral products, all at a fantastic profit??? From the price action, it looks like there are as many buyers as sellers!

It really bugs me... what IS it that they know that we don't? Why doesn't every (intelligent) investor see this phenomena and track it down like we did? It is getting bigger every day with no let up in sight. Xmas is going to be out of sight, saleswise. What is in operation here? Any brokers out there with opinions?
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