Rochester, NY 8/25/2009 11:12:43 PM
News / Business

Gravity Co., LTD. ADR GRVY, International Small Caps:

Gravity Co., LTD. ADR

IN the last 18 months the investment world is splitting in half now more than, the winners are diverging from the losers. No more does a single macroeconomic event steer the markets. We are back to individual fundamentals and microeconomic themes. That means it is a stock-picker’s market.

With wary consumer wallets not willing to be opened, especially on non-essential items like video games, over the past three months the companies top line shrunk by 3.7%. The figures prove that growth seems not to grow, which is bad news as the company prepares to enter the critical shopping period that is the fourth quarter.

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