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Glu Mobile, Inc. Message Board

  • karimafm karimafm Feb 1, 2013 2:28 PM Flag

    that was the 2 weeks move well controlled

    every 2 weeks they release it for 12-15% gain and bring it down will they take it below the 2.30 range maybe, i am watching it closely for the last 4 months waiting to get back in but not till after earnings hopefully they take it around 2 or less they got to release it some time, forget fundamentals for this like i said looks like down from here and next move up after 2 weeks from now look at the chart and price history.

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    • Don't worry, you'll be seeing this well below 2.00 come Wed morning but I wouldn't recommend buying right away since it will be dead money for a awhile, what with their revenue growth coming to a hard halt....

      Sentiment: Strong Sell

      • 1 Reply to stcgrulz
      • With the recent volume this week especially, is well above the normal volume that has been trading for the last 4 months also their short interest down big from 14m to 10m about in this period like i said if it goes down to 2 or under on earning date i will take my chances and wait
        if ti don,t dive big i will see the earnings, like i said someone has it by the throat and i think the same party that pushes it 12-15% also take it down back to the 2.3 range they can't do that for ever. they have to make serious $$, i don,t care if earnings come 15% above estimation they still can take it down if they want to at the same time if earnings are bad they can keep it at this range till they finish their work, i follow the trading pattern very well and that is what got me interested in it, not to mention the insiders buying. good luck to all.

    • chimpthepimp Feb 1, 2013 2:37 PM Flag

      ummmmmmmm. what ? what country are you watching from ?

      The Jibberish Emirates ?

      I got the 2 part. That is true.

      Sentiment: Strong Sell

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