I got in a little above $1, went on vacation, and noticed it was around $0.85... now we are at 0.75... any idea what is going on?
I don't see any news, but I'm not exactly sure... GLUU issued more shares today, so my thinking is that we are down because of that.
Yes, 2.5X volume at low prices. Someone or more than a few someone's are dumping ALIF at depressed values.
I can live with ALIF losses, too, but it does seem to be ridiculously undervalued and I'm not planning on selling any time soon.
I'm just squawking a bit here BEFORE the upcoming annual meeting in hopes that a few shareholders will take a little squawk to 3M reps and management to let them know that some stockholders are paying attention to sweetheart deals, pre-release PR that's inconsistent with post-release results, and lack of accounting transparency, to name a few of my gripes.
According to Friday's volume, we traded almost 2.5x average volume
If I lose money on this investment, it's not the end of the world... I think we should see close to $1.50 once the market rights itself in the next few months.
I would probably never invest in an OTC company, unless there was a reason too. With 3M's investment, my theory holds that they get some special supply chain handling with their products and that 3M has done some necessary DD
This will go back up once they give earning or news. Low .70 but will rise to the .90s. (gradual rises)
Once this stock nears end of the year it rises (d.d ). I doubt if this has anything to do with Glu.
This company needs to aquire another with games, straighten out A.R issue. It also need to sell the hell out that new app. (diabetic app) Whyed they change the name ?
and be sure they fool you here in a bigger way.
gluu had a trading range between 1.22 and 1.55 and then the offering came in at 1 $ great deals in america.
but expect al to be much better....
my guess big Shareholders will get lots of shares for 0.5 soon...... to be continued