{"id":1337,"date":"2023-08-21T14:14:00","date_gmt":"2023-08-21T18:14:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=1337"},"modified":"2025-06-12T21:49:04","modified_gmt":"2025-06-13T01:49:04","slug":"zedge-zdge-is-steal-here","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/zedge-zdge-is-steal-here\/","title":{"rendered":"ZDGE Is Steal Here at $1.70"},"content":{"rendered":"\n<div class=\"field-mg-text-html-content\">\n    <p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">We have <span style=\"color:#e74c3c;\"><strong>never<\/strong><\/span> mentioned <strong>Zedge (ZDGE)<\/strong> before, but we believe it is a steal here at <strong>$1.70 per share<\/strong> and likely to make a <span style=\"color:#27ae60;\"><strong>big bounce<\/strong><\/span>. <\/span><\/span><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>ZDGE has a market cap at&nbsp;$1.70 per share<\/strong>&nbsp;of <strong>$24.548 million<\/strong>. <strong>ZDGE<\/strong> has a <span style=\"color:#27ae60;\"><strong>net cash position<\/strong><\/span> of <span style=\"color:#27ae60;\"><strong>$16.088 million<\/strong><\/span>&nbsp;for&nbsp;<\/span><\/span><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">an <strong>enterprise value<\/strong> of only&nbsp;<strong>$8.46 million<\/strong>!<\/span><\/span><\/p>\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">The <strong>Zedge app<\/strong> has been <strong><span style=\"color:#27ae60;\">downloaded<\/span>&nbsp;<span style=\"color:#27ae60;\">600 MILLION+ times<\/span><\/strong> on <strong>Android\/iOS<\/strong> devices!&nbsp;<\/span><\/span><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">It is the <span style=\"color:#2980b9;\"><strong>world&#8217;s<\/strong><\/span> <strong><span style=\"color:#27ae60;\">#1 highest grossing<\/span> personalization app<\/strong> in the <strong>Google Play Store<\/strong>!<\/span><\/span><\/p>\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">NIA previously wrote about how the <strong><span style=\"color:#27ae60;\">most secretive success<\/span> story<\/strong> in Wall Street history is Newark, NJ based <strong>IDT Corporation (IDT)<\/strong>, because its <strong>stock chart <span style=\"color:#e74c3c;\">doesn&#8217;t<\/span><\/strong> show its history of <strong><span style=\"color:#27ae60;\">successful<\/span> spin-offs<\/strong>, some of which hit <strong>market caps <span style=\"color:#27ae60;\">far higher<\/span><\/strong> than <strong>IDT<\/strong>. <\/span><\/span><\/p>\n  <\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"971\" height=\"1024\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/idthqnewarknj-971x1024.jpg\" alt=\"\" class=\"wp-image-1338\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/idthqnewarknj-971x1024.jpg 971w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/idthqnewarknj-285x300.jpg 285w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/idthqnewarknj-768x810.jpg 768w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/idthqnewarknj.jpg 975w\" sizes=\"(max-width: 971px) 100vw, 971px\" \/><\/figure>\n\n\n\n  <div class=\"field-mg-paragraph\">\n    <div class=\"entity entity-paragraphs-item paragraphs-item-mg-parag-text-html paragraphs-item-9374\">\n  <div class=\"content\">\n    \n  <div class=\"field-mg-text-html-content\">\n    <p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">NIA explained how including the shares of <strong>spin-off companies<\/strong> received by <strong>IDT shareholders<\/strong>, its <strong>earliest investors have<\/strong> <span style=\"color:#27ae60;\"><strong>achieved similar returns<\/strong><\/span> to <strong>Amazon.com (AMZN)<\/strong>&#8216;s earliest investors.&nbsp;<\/span><\/span><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">For example, we mentioned how previous <strong>IDT spin-off Straight Path Communications<\/strong> initially began trading at <strong>$5 per share<\/strong> and <span style=\"color:#27ae60;\"><strong>gained by 3,580%<\/strong><\/span> to <strong>$184 per share<\/strong> where it got <span style=\"color:#27ae60;\"><strong>acquired<\/strong><\/span> by <strong>Verizon<\/strong> for <span style=\"color:#27ae60;\"><strong>$3.1 billion<\/strong><\/span>.<\/span><\/span><\/p>\n  <\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"469\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/strp-1024x469.jpg\" alt=\"\" class=\"wp-image-1339\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/strp-1024x469.jpg 1024w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/strp-300x137.jpg 300w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/strp-768x351.jpg 768w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/06\/strp.jpg 1084w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n  <div class=\"field-mg-text-html-content\">\n    <p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\">On July 3, 2018, NIA suggested <strong>IDT spin-off<\/strong> company <strong>Genie Energy (GNE)<\/strong> at <strong>$5.44 per share<\/strong>. Today, <strong>GNE<\/strong> is <strong>$15.50&nbsp;per share <span style=\"color:#27ae60;\">up by 184.93%<\/span><\/strong> since NIA&#8217;s suggestion.&nbsp;<\/span><\/span><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>ZDGE<\/strong>&nbsp;is an <strong>IDT spin-off<\/strong> company just like NIA&#8217;s <strong>GNE<\/strong>, which has become a <span style=\"color:#27ae60;\"><strong>huge winner<\/strong><\/span>!<\/span><\/span><\/p>\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><strong>ZDGE<\/strong> has <span style=\"color:#27ae60;\"><strong>massive upside<\/strong><\/span> and <span style=\"color:#e74c3c;\"><strong>very limited downside<\/strong><\/span>!<\/span><\/span><\/p>\n<p><span style=\"font-size:14px;\"><span style=\"font-family:sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n  <\/div>\n","protected":false},"excerpt":{"rendered":"<p>We have never mentioned Zedge (ZDGE) before, but we believe it is a steal here at $1.70 per share and likely to make a big bounce. ZDGE has a market cap at&nbsp;$1.70 per share&nbsp;of $24.548 million. ZDGE has a net cash position of $16.088 million&nbsp;for&nbsp;an enterprise value of only&nbsp;$8.46 million! The Zedge app has been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[105,106,8,94],"class_list":["post-1337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-gne","tag-idt","tag-technology","tag-zdge"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=1337"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1337\/revisions"}],"predecessor-version":[{"id":1341,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/1337\/revisions\/1341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/1340"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=1337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=1337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=1337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}