Fri, Dec 26, 2014, 4:59 AM EST - U.S. Markets open in 4 hrs 31 mins

Recent

% | $
Quotes you view appear here for quick access.

iCAD, Inc. Message Board

fitzy800 52 posts  |  Last Activity: Dec 23, 2014 2:20 PM Member since: Nov 17, 2010
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • CEO=$500K - COO/CFO=$375K - Pres. Publishing=$280K - VP/GC=$275K. The bonuses aren't paid at all unless baseline goals are met and there is high upside potential if they knock it out of the park. All of these execs have to be employed at the time the bonus is paid to receive it, so it actually provides an incentive on both sides (solid plan & solid executive retention - which is also large enough to dissuade competitors from poaching and buying out contracts).

    To summarize, base compensation paid to all executives is $1.43MM. For beating their goals on revenue and profits, their target bonus is a combined additional $1.79MM, or $3.22MM total base+bonus. For far exceeding all of their revenue and profit goals, they are eligible for an additional $1.79MM in bonus, or a total base+bonus just under $5MM. Their bonuses are tied to financial metrics and its a completely appropriate methodology and compensation rate for solid executive leadership in SF.

    Sentiment: Strong Buy

  • Reply to

    Give us some news guys.....

    by greatbuttnohair Dec 23, 2014 9:48 AM
    fitzy800 fitzy800 Dec 23, 2014 10:31 AM Flag

    In his last interview there were some clues...there is definitely enough room in the market and resources at Glu to make another celebrity tie-in and also add other people in Kim's world to KKH...now that the whole Kardashian family is in-game already, I'm thinking Kanye. But on both points, he indicated we'll have to wait for the new year.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 23, 2014 9:30 AM Flag

    Maybe if your King, Zynga, or Supercell. That's the common misconception with Glu, that they need multiple top 10 everyday to make a difference...you're completely ignoring the tremendous leverage in their business model. Smaller hits do move the needle for Glu and hit straight to the bottom line. They have avoided building a company around a single franchise, which is very unique in this space.

    Sentiment: Strong Buy

  • Reply to

    While KKH numbers are falling

    by chart_watcher99 Dec 19, 2014 11:12 AM
    fitzy800 fitzy800 Dec 19, 2014 11:35 AM Flag

    My data doesn't show KKH numbers falling. It shows gambling apps earning lots of money too. A change in rankings around the holidays doesn't correspond to a change in revenues

    Sentiment: Strong Buy

  • Reply to

    Institutional ownership is up 11.23%

    by djtrade77 Dec 19, 2014 3:57 AM
    fitzy800 fitzy800 Dec 19, 2014 9:47 AM Flag

    Really solid institutions too.

    Sentiment: Strong Buy

  • Reply to

    In game advertising

    by wfd1972 Dec 18, 2014 8:56 AM
    fitzy800 fitzy800 Dec 18, 2014 10:08 AM Flag

    Check out my other posts. I'm with you on this. CK:S does an awesome job integrating ads into the gaming experience. The ads are no more than 30 sec. and come with a reward, often in the form of an extra throwing knife or medkit. So you watch and ad and get something useful immediately. It's not offensive at all and I suspect with the increased quality of the ads, we'll see another qoq increase in ad revenues. In Q3 I was anticipating ad revenues to be greater given the popularity and user base of KKH. Counter to my estimate and thought process at the time, Niccollo clarified on the CC that there are some issues they're resolving within their ad networks because Kim is licensed to certain companies for certain products. They also indicated a huge and paying fan base, $43MM in Q3 alone, so its less important to generate ad revenue from this title. The lower ad revenue is also offset by much lower user acquisition costs. The game went viral because the whole family has a significant presence on social media and a hit show. Whereas in a game like CKS, there is a different formula of which ad revenue plays a greater role.

    Sentiment: Strong Buy

  • Smaller individual investors often rely on public forums for insight and ideas so I started commenting to counter the flood of lies, character assassination, and conjecture being posted. The shorts slammed Glu and coordinated that with a lot of misinformation to scare people. I'm long and enjoy engaging in dialogue about Glu. Been investing in them for about a year and I believe in what they're doing. Time will tell, but I'm confident and very bullish.

    Sentiment: Strong Buy

  • fitzy800 by fitzy800 Dec 17, 2014 4:01 PM Flag

    And I'm invested for the long term, just like the leading hedge funds and institutions who hold Glu. I post based on publicly available data. Call me what you want, the shorts know their time is running out.

    Sentiment: Strong Buy

  • Widely recognized for their innovation and organization. Zynga knows it and is trying to follow Glu's lead reorganizing by studio specialties. King execs highlight their innovation in creating KKH and peeling users and dollars from their hit games. Glu went from a single genre action/shooter based speciality mobile game co, to a diversified leader in casual, racing, sports & action in the last year. It has happened before everyone's eyes. Mobile gaming is one of the most transparent industries with widely available data on game performance. The people claiming Glu is done, their management corrupt or theives, are misleading people to try and profit off of their reckless bet against a clear leader in one of the fastest growing industries. Glu share price is being artificially held down by 20MM shares sold short, but when the market catches up, things will change and fast.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 16, 2014 8:25 PM Flag

    You're claiming the CEO and other executives are corrupt, robbing the shareholders, stealing from investors. There is no historical fact to that whatsoever. What you're doing is character assassination and a weak attempt at manipulation. You've never shared a solid thesis, ever.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 16, 2014 4:03 PM Flag

    Stop projecting. You have no substantiation for your thesis beyond conjecture and character assassination.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 16, 2014 3:18 PM Flag

    My due diligence suggests that their guidance was conservative and I expect a beat on top and bottom line given the resiliency of their games. Every single game company ever, console or mobile, hasn't grown revenue in a straight line qoq. Every single blockbuster game ever contributes more to the first quarter including initial release than subsequent quarters. Revenue may be forecasted to decline, but even with their conservative guidance, they're still on a $240-$280MM revenue run rate, yoy revenue growth over 100%, solid profits and growing cash reserves.

    Glu used ~13MM shares in acquiring Playfirst (3MM) & Cie (10MM). So they diluted about 14%...thats not outrageous, especially considering that they're growing 100% yoy with positive earnings and lots of cash. It's share price is artificially suppressed by 20MM short and is currently trading at 6X their cash and a P/S of 1.7 based on conservative 2015 expectations.

    I'm long.

    Sentiment: Strong Buy

  • Reply to

    More Facts

    by fitzy800 Dec 16, 2014 11:49 AM
    fitzy800 fitzy800 Dec 16, 2014 1:07 PM Flag

    Also, everything I stated is fact, anyone can look it up. No lies spam bs, character assassination. Your playing with fire if you're short.

    Sentiment: Strong Buy

  • Reply to

    More Facts

    by fitzy800 Dec 16, 2014 11:49 AM
    fitzy800 fitzy800 Dec 16, 2014 1:01 PM Flag

    20MM shares short.

    Sentiment: Strong Buy

  • fitzy800 by fitzy800 Dec 16, 2014 11:49 AM Flag

    KKH - top 100 grossing in 100 countries, DH14 top 100 game in 60 countries, RR top 100 game in 50 countries, CKS top 100 game in 50 countries, EW3 top 100 game in 30 countries. A solid lineup of other stable top 200-500 games. Steadily growing advertising revenue. My top mobile gaming investment based on diverse genres, innovation, global presence and expertise, and strengthening financial performance.

    Sentiment: Strong Buy

  • Reply to

    DITZY800 should be on everyone's ignore list

    by trading_trends Dec 16, 2014 9:59 AM
    fitzy800 fitzy800 Dec 16, 2014 10:38 AM Flag

    Facts: revenues growing 100% yoy, record positive earnings, mounting cash pile - growing $17.2MM in Q4 to end the year at $71.5MM, strong game performance throughout Q4 with KKH a consistent top 10 - RR top 20 - DH14 top 50 - CKS, TSB, DinoH, DD taking turns in top 100 - EW3, FC, Stardom, ABC, having a presence in the top 200 grossing. Couple this with leading game studios stacked with talent, lots of IP, and a strenthening financial position. My DD suggests a Q4 beat and I'm long.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 16, 2014 9:25 AM Flag

    I'm sharing facts based on my due diligence. Your thesis is based on character assassination. There is no data supporting your thesis that Glu is dying, rather than just hitting its stride.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 16, 2014 9:21 AM Flag

    If you're bearish on Glu, that's fine. Bet against them all day long and see where you end up. Racing Rivals run rate is ~$1MM/week globally,, which has been sustained and proven through rich content updates. This one game Glu got from Cie will pay for the entire acquisition (~$80MM) in under 2 years. It's the number one racing game in mobile. Glu also got lots of ther IP in the deal. In reality, the ROI on Cie is ~50% and it was a very smart acquisition that rapidly expanded Glu's footprint.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 16, 2014 12:27 AM Flag

    Diner dash did well for its first iteration on free to play. It has earned several million since its release and they're certainly going to improve the game. They've only owned the Playfirst assets for 7 months, so its premature to suggest this is a failure. There is room in the market for more than one time management franchise and Glu has a lot of other IP and new games in the works. The deer hunter franchise wasn't an immediate success either, but they kept incorporating feedback and have turned it into a success. Dino hunter was a reskin but broke download records and earned nice money. Millions still play it across all platforms. The movie tie-ins are fleeting with the popularity of each movie release, but it's a down payment on future tie-ins for more popular titles. Robocop and Hercules obviously have limited fan bases. Your intentionally ignoring KKH, Racing Rivals, Tap Sports Baseball, Contract Killer, Eternity Warriors, and the massive amount of IP they have. Glu has consistently had 1 top 10 game, 2-3 top 50, 4-5 top 100, and 8 top 200, all Q4. How long term is your evidence, if in fact, Glu has only owned many of these franchises under a year. Your doing your best to skew reality, but your thesis is ultra short term, and ignores outstanding game performance and stellar prospects for the future. The stock price is disconnected from its true value given explosive revenue growth and record profits. This low valuation will not last.

    Sentiment: Strong Buy

  • fitzy800 fitzy800 Dec 15, 2014 8:56 PM Flag

    It's already obvious to everyone that there are low barriers to entry. That's what makes the app universe awesome. However, Eric and Nicollo have both said openly and agree that anyone can make a great game in their home office or garage. But it will no doubt be fleeting without an organization and resources to truly scale a game and create intruiging updates with a quality and cadence that keeps users engaged. Whoever thinks that a guy in their garage is going to be able to scale a lasting hit game localized for diverse markets globally with the expertise to optimize user acquisition & monetization strategies tailored to each digital storefront in each market and turn out an intriguing game update every 2-4 weeks across multiple game engines clearly doesn't see Glu's intrinsic value, and is sorely mistaken about that programmer in their garage. With your misconceptions, you are surely going to miss out on one of the fastest growing, most cutting edge industries.

    Sentiment: Strong Buy

ICAD
9.45-0.06(-0.63%)Dec 24 1:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Novo Nordisk A/S
NYSEWed, Dec 24, 2014 2:48 PM EST