Majesco Entertainment (COOL), a good buy right now?

by bernigu | November 29, 2011 5:41 pm

Dear Stock GumShoe staff,
I´ve been wondering about Majesco Entertainment (COOL), it was pitched in a Navellier letter about two months ago. The stock lost a lot in October, but it’s climbed back close the price when it was pitched by Navellier. On a valuation basis the stock seems OK, no debt, new games, christmas season, there’s a law suit against COOL, but apparently the company will not be harmed. Is it the right time to buy?. Please let me know if you have any thoughts on this stock.
Thanks

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