$GRVY Releases Ragnarok Online 2 in Korea Today

The estimated reading time for this post is 1 seconds


Note: Highlight to Tweet is enabled - Just highlight text to easily share the selected content to Twitter!

After a very long wait, and through many different iterations of Ragnarok Online 2, Gravity ($GRVY) has finally released the MMPORG in Korea today.  Here is the long awaited press release.  The stock had been battered over the past several years with the poor development of RO2, but after new management, the game has been released.  Currently, it is only released in Korea, but local licensing has been granted to Thailand, Japan, the Philippines, Singapore, Malaysia, Vietnam, China, Indonesia and Brazil.

I’ve been long $GRVY for a year.  The stock was a bargain in the $1+ range, but has since run up close to $3.  I’m holding the stock until I can get a sense for the uptake in RO2 and see what the financials look like before I make a decision on what I will do with the stock.

 

Disclosure: Long GRVY

General Disclaimer


The content contained in this blog represents the opinions of Ray Bonneau and RayBonneau.com. Ray Bonneau or persons posting on RayBonneau.com may hold either long or short positions in securities of various companies discussed in the blog. The commentary in this blog in no way constitutes a solicitation of business or investment advice. Readers should do their own homework and research when making investment decisions. The blog is intended solely for the entertainment of the reader, and the author.

Ray Bonneau is a participant/publisher in certain affiliate programs, including Amazon's Associates Program. Ray Bonneau will earn a small commission when a link to an affiliate site is clicked and a purchase is made. Affiliate programs help Ray Bonneau earn money to pay for this blog. Readers do not pay any extra money when clicking and using affiliate links on RayBonneau.com

Tagged on: Gravity, GRVY, Stock analysis