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Gravity Co. (NASDAQ:GRVY) is a gaming company with a single, albeit successful, franchise. The company is trading extremely cheap given its financial success. I believe that the reason for the discount is the company's reluctance in returning cash to shareholders as
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GRVY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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