NOOF Up 50% On Take Over Offer

Only a week after my article on New Frontier Media (NOOF), the company received an another take over offer. 

Larry Flynt, famous for Hustler Magazine, is offering up to $2.08 for the company. Shares were up over 50% to close at $2.00. 

I wish I could say I had invested in NOOF, but it was a bit too speculative for me.

Disclosure: I unfortunately do not own shares of NOOF

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