Mar. 12 at 3:49 AM
$NRDS
Looks interesting. Printing cash, capital light business, low capital expenses margins. Entrenched brand, shares buyback, founder led, skin in the Game ownership arrangement. Just a decent business offering a valuable service and dominating a niche since http://Mint.com shutdown.
What else am I missing on this brief overview? The company hasn’t gone through a serious bear market for me to gauge its fragility. At
$10/sh, I am not particularly enticed given the multiple geopolitical black swan lurking around.
I would prefer the stock at near its Net Asset value, around
$6/share.
Just spy-hopping for now. If opportunity arises along my price floor, I will buy.