Been following the company since day 1... I couldn't understand why they had a market cap over 2x of GameLoft's when GameLoft has tons of content and already ports that content to lots of markets. I realize that China is a huge market but potential is just one part of price... When I look at both companies I see a very compelling case for GameLoft and just see lots of promise for sky. Unfortunately/fortunately I've been burned by many an investment in companies that sell to China so I didn't buy here after the IPO. You may be right, it may be becoming compelling at these levels but I still have to ask, is this a better investment than GameLoft? I don't think so but I may be missing the bigger picture. BTW, I suspect that we'll eventually see consolidation in this industry and I believe that both sky and loft are potential takeover candidates.
Because in 5 to 10 years Mercedes will have approval for self driving cars and someone will notice that Google is onboard. It's all about anticipation; why look at the potential for billion of ad dollars today when you could let your car drive you to Disneyland in 2020? Get real, everyone loves a mouse... ROFL, there's no logic to the day to day moods of the market. It is the long term picture you need to look at and stop worrying about today.
I'm so glad no one wanted to pay up a few pennies for my shares!!!
This one just keeps going and going and their market place just keeps growing and growing
DOH! I don't know what I was thinking when I tried to sell 20%... Who needs to take a little profit when they can wait another day and see even more?
You know, it's rare that you can draw a billion people to one place and feel confident that more are coming. The advertising possibilities here are huge. I have used Google for decades and rarely clicked on one of their ads, but FaceBook catches me at least once a day and several times this year I've spent money thanks to their smart targeting of ads.... This is what companies want to see; ads that work without screaming in your face... FaceBook is booking profits that no one else can touch. I believe that this will be the next big thing for years to come... Folks that think fb is radically undervalued may be totally right. Time will tell :)
Did it end after market close on the 18th or after market close today? By the way, they offered a secondary back in early April so the actual lockup period may have been pushed out by 3 - 6 months from the date of the secondary... At least for any large insiders who participated in the secondary... GoPro did something similar and the stock didn't really pull back until the second lockup period expired. I believe theirs was 90 days after the secondary.
If you are betting on a small gaming company, why would you choose this one over GameLoft? They have roughly the same market cap but GameLoft has dozens of games, they are in an extremely wide variety of app stores around the world, they have several games receiving editor's top pick status and they seem to be figuring out how to generate even more money... I suspect that either of these companies will be bought out some day by one of the big three but for now GameLoft looks like the safer investment to me.
Agreed, btw this is probably holding it back... Analysts at Robert W. Baird upgraded shares of Habit Restaurants from a “neutral” rating to an “outperform” rating and set a $41.00 price target on the stock in a research note on Monday, April 13th. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $40.50