the nonsense that gets posted on here is insane... not that these boards are that informative to begin with.. this one is extra lame!!!
With such a small float and shares being tied up with insiders, institutions and shorts, this can run quick!!!
Down side back to 2??? that's not much of a down side
Do they have any crazy debt or low cash on hand that would cause a problem in the short term??? Does anyone know???
Have to agree with your sentiments about board insanity...BUT simply putting a few of those kooks on ignore, cleans up the board quite nicely and then those of us with relevant info to discuss can engage each other....You're right too that small float, institutional ownership and HUGE short position, Glu can, does and WILL fly on a well-timed press release, positve news catalyst, upgrade, etc, etc...AND mid to low 2's has proven to be an excellent entry point for trading and/or building a core position. As you cited not much downside and lotsa upside at these prices. PLUS, 2H 2013 is going to be filled with many inflection points as "GlU-ON" is unveiled in all new games, Real Money Gaming partnership with SkillZ is updated and our UK partnership with Probability PLC with "slotomatic" gambling--two games so far--not to mention third party publishing, a whole slew of new titles and of course Glu continues KILLIN it in the Chinese market..."Frontline Commando D-Day"
EW2, CK2, HOD ALL in TOP GROSSING charts in China and will be great news on upcoming earnings call in early August...And NO DEBT, millions in the bank and revenue pouring in...Nice to have you aboard...GOOD LUCK!!!