GRAVITY CO LTD SPONSORED ADR (GRVY)

[10 bagger]

GRVY..$2.24 Why I sold half..

Most of my position came @ $1.45 to $1.57 which was about the time I started this board.. Because I was involved in UMPQ most of the morning I was unaware of the run in GRVY and already had open orders in from before.. As I posted before I expect to make my tic's and was fortunate to have orders on the books to take advantage of the spike..hank

Posted by: 10 bagger Date: Sunday, August 09, 2009 12:44:09 AM
In reply to: Bobwins who wrote msg# 28 Post # of 49

GRVY.. $1.85..

It's obvious that while I like the concept of this stock and the sponsorship that GRVY has my main attractions were:

Cash per share..
Turnaround in the economy in Japan..
A new and positive tone from the company on future earnings..

As to longivity or acceptance of any game I have no knowledge,, but from a balance sheet perspective with improving sales and profits I think GRVY will survive long enough to get to $2.60.. That is my goal and my reason to own GRVY..

As it is GTD.. that I will have sold my position before $2.59 many times trading because of the volume and price spikes in GRVY I will continue to educate myself thru the post's of others.. Thanks for the comments.. hank