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