610k is for 1 game ! and not on all platforms.
Half of the agreements and platforms GLUU has/uses are not even running yet.
iPhone2 MArch 11th etc.
All in all .......
Anyway, my wife was at a conference in NYC yesterday, and EVERYONE was saying (100's of people) there laptop is OBSOLETE !!!!
These are all BIGGIES AT A MAJOR BANK TOO !
Kids are idiots these days, and they will buy these things, and games and create revenues.
GLU has a couple "aces in the hole" games coming that SHOULD be "angry bird" caliber.
What I should do is not even follow the company, hide the stock certs and come back in a month....or a year.
This day to day crap blows , thats why I stopped being a stockbroker.
12 yrs. !!!! was rich 4 times...lost most of it 5 times ! LOL
Yeah I was trading behind MoMo, but still even though it may have slowed down I'm eager to see where Glu's new tactics take this newly innovative sector.
There way of thinking with Freeium ware is completely new, and could work out in the end, only time will tell.
U would think that gun bros is there only game, the way the critics talk, but they have a good number of popular hits!!
I looked these guys up awhile ago, and they are biggies.
One guy had 350 million in different stocks.
Nasdaq.com......I used to find out.
MOMO broke when Inside fuuuucccccccxxxxx sell.
But as I posted earlier today:
Drapkin also sold a good amount (percent to float ratio) of his FACE shares in DEC. which is a very low float stock at prices around 3.65-3.85/share.
FACE yesterday closed at 4.21/share, a nice % increase from 3.65. So while yes he did sell, and I'm sure the 20 million share investors club (warrants included) sold as well. They aren't always looking like they sell at the top, but rather just locking in some profits. I'm still interested in GLUU at current levels.
So I'm not to worried, based on this history.