Gravity Co (NASDAQ:GRVY)

Added to the GeoSpecial list on July 8, 2009 @ $1.15

Catalyst: Hot sector. Looked like had turned the corner, was selling below book.
Peak performance: Reached a high of $2.63 on 8/9/2009
Current Price: $1.84 

Current road block: Complexity of financial statements; lack of product diversification; lack of IR.

Removing from GeoSpecial list. Value investors may still favor shares as GRVY is still selling below book. There has also been chatter regarding buy out rumors. Will place on the GeoSpecial on the Radar list until the company proves it can sustain EPS growth.