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Author: mekong22 Big red star, 1000 posts Old School Fool CAPS All Star Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 154  
Subject: nibble Date: 6/7/2012 10:47 AM
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So I decided to nibble on an opening stake in NTDOY this morning at $14.22. I'm not crazy about initiating a position in a GG rec just before the service goes dark, but at nearly a 50% discount from Nathan's valuation estimate of $26, it seems there's a decent margin of safety. I doubt I'll hold more than a couple quarters after Wii U gets released, hopefully it will be a successful launch and be reflected in teh pps. If not, hopefully the downside will be somewhat limited from here.
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