Glu releases its earnings report around the first of May. I was expecting more news from them since the last report. So far, pretty quiet. If the report is lackluster the stock price will be in trouble (more than it is today). Perhaps they are letting ZNGA have its day in the sun. Just hope they get busy with releasing games and news before May 1.
Heven't they released 2 to 3 new games since earnings? They are right on track for what they claimed they would do I believe. The real question will be plans & monitization. Everyone knows this has leveled off until something happens. I do not believe there is much downside risk from here. Just 17% shorts will hang around applying the pressure until something interesting happens.
Thanks squander. I'm long with Glu with a price average of $2.07, and I've been tempted to add more. Have just been excepting more press than what is current. Or perhaps with the press ZNGA has gotten recently I was hoping some for Glu.
Anyway, thanks. Given your name and about 4 others aren't on ignore wondered if there would be a response I would read.