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Glu Mobile, Inc. Message Board

  • borisbear64 borisbear64 Aug 20, 2013 12:23 PM Flag

    sequence of events

    First we get insiders taking big positions (one of who's speciality is brokering takeovers)... foolish hey, because they knew lowered guidance and downgrades were acoming...then we get changes in directors contracts in the event of change of ownership..then we get change of accounting so that results are industry compatible...the evidence looks like Hany Nada has persuaded DeMasi to put the company on the block.

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    • Well, at least you "get it". Your observations are correct but not your conclusion. Hany Nada is smart enough to know that GLUU must "turn the corner" and get the stock price substantially higher prior to "putting the company on the block". Otherwise, they will only get a "fire sale" price instead of a significant premium. Bottom line, it's much too early to look for a buyout. IMO

 
GLUU
4.90+0.14(+2.94%)Mar 27 4:00 PMEDT