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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (74235)11/14/2023 9:32:41 PM
From: stuffbug  Read Replies (1) | Respond to of 78745
 
GRVY is highly dependent on revenue from its Ragnarok Online gaming series.
If popularity wanes, bye-bye profits.
Although Gravity is launching their titles in other countries, gamers can be very fickle.
Q3 total revenues declined by 26.3% vs Q2.
Company plans to use cash hoard to purchase additional titles.

Stock price is likely to reward intermediate term traders who can call the turns.