What are you buying today?

[bizaro86]

4 hours ago, Spekulatius said:

Yes, that’s correct, the stock was close, but now it’s now below net cash. Ironically controlled by a Japanese co (Gung-Ho) which is nos serious buying back stock.

 

GRVY trades below net cash and thry made ~$8.5/ share in a down year. Pretty cheap for a $54 stock, but no catalyst. As we know, cheap can get cheaper.

 

Are you aware of any operational issues here? A quick scan on tikr makes me think this is a great deal. Seems consistently profitable, huge cash balance. I like a public company as majority shareholder a lot more than an individual here.

[villainx]

7 hours ago, bizaro86 said:

Are you aware of any operational issues here?

 

Their games haven't been growing as much (or hasn't been hit).  But I haven't followed dynamics that closely.  They seem to be getting their licenses and permission in the various countries in order though, so that side seems to be unconstrained. 

 

 

[Red Lion]

New position in AMZN. Talk about being late to the party. 

[villainx]

I hear this internet shopping thing might be huge one day.  Though I'm not sure folks are ready to stop going to stores.

[lnofeisone]

11 minutes ago, Red Lion said:

New position in AMZN. Talk about being late to the party. 

I've been buying Google slowly. I've only been working with their products for 10+ years and this is my 3rd time owning them including buying shortly after IPO and sold for 30% gain thinking I was smart.