Not going to happen at earnings. Read transcript for April 25 stockholder meeting. Reverse split options put on table and discussed with shareholders. Company has option on the table till end of 2014.
GLUU Zinga after earnings popped. Nov. Cool games released in 2013 we're not in last quarters revenue
My opinion we are at bottom. I'm sure there will be a good earrings. Fidelity analysts look good. Before April 25 I will exit possibly.
Another poor earnings report, #$%$ Conf Call w/the doofus CEO and the R/S ranging from 3 for 1 to 10 for 1. It doesn't get any better... make sure you buckle up cuz there's gonna be some bleeding this time tomorrow.
Look at the bright side.... you can always write-off your losses.... LOL!
In a recent interview, the head of Midnight City (former boss at IGN) said they are like the Miramax to Majesco's Disney. Or something like that. He said Majesco is letting them do things the way they want and with getting Gone Home (console release) and Costume Quest 2 (full release), it may be working.
I've had MANY problems with Majesco before but Midnight City seems to be what could save Majesco right now. It will take until the fall for these games to come out (and maybe Stacking 2 will be announced soon too) so Majesco is going to have to figure out their cash until then. And it isn't like Midnight City is going to make $100M blockbusters or anything but if they can keep signing high quality indies and can release high quality and highly desirable games (for indie standards), they may make decent money for Majesco.
And if Midnight City really gets going and becomes more of an indie powerhouse, Majesco will have found its niche until they can figure out this whole gambling thing. Seriously, management said they were pursuing U.S. licencees mid-2013 and then never said a word about it again. Maybe Midnight City can become successful enough to toss Sutton out. There'd be a parade.
How come your wife didn't give you the heads up then? Could it be you are too embarrassed to tell her that you invested in this pos. Wait till she finds out. lol
A little spike today (to .57 cents) shortly after the press release and double normal volume. Earnings in 2 days but price isn't running up like it usually does prior to earnings release?? This is not a good sign..........or maybe too many got burned on prior pre-earnings run-ups so people are on the sidelines w/a wait n see attitude.