GRAVITY CO LTD SPONSORED ADR (GRVY)

[riskanalyst]

I'm not as concerned because unless North Korea has a death wish, they have no regional allies in this matter. Seems more like attempts from the current regime to extract aid for their failing reign. From the US standpoint I think we have little fear of North Korea as a military opponent, however the fear probably relates more to providing weapons grade enriched uranium to some other foreign nemesis.

You also fail to recall that only 25% of GRVY's revenues comes from Korea. While Korea and other Pac Rim country economies have contracted, they have more of an ability to bounce back due to higher savings rates. If GRVY was selling primarily to US consumers I would be worried, since the US consumer is so overstretched.