Once burned, my experience is that most traders have little conviction to stay with a company that demonstrates inconsistent results. For those of us here a while and who know the longer term history of the company, Glu Mobile was on the move a few years ago, but at the same time the gaming environment was beginning to evolve with the rise of social media and mobility. What appeared to be inconsistency and a faltering company over the past 1.5 years or so was simply a very competent CEO and management applying an extremely well-thought out vision to achieve the current results. As I mentioned 3 years ago, this company will survive and excel in its niche and is worth betting on.
Sentiment: Strong Buy
Nice find! I've always questioned Cramer's ethics. He is a Wall Street crony and it's all about $ and nothing else for him. Great example was his diatribe about CVS regarding its ceasing to sell tobacco products. Cramer actually said that the $ loss was the important thing, not people's health or the company's perceived consistency with what they market--good health!
Probably wanted to add more GLUU at lower price. Every once in a while, Cramer does a good pick, like Micron (MU). But then he sold it way too early. Remember his last year's stock of the year pick (or was it 2012?) AA? It was a disaster!
First of many deserved upgrades to come.
"...better-than-expected profit in the fourth quarter and predicted earnings would improve further in 2014, helped by growth in its diabetes and rare diseases units, and in emerging markets."
From CEO: “Sanofi’s growth profile emerged in Q4 2013 with total sales growing 6.5% at CER and growth platforms(3), which represented 72.9% of sales, increasing 10.0% at CER. Furthermore, new product launches are underway or imminent in most of Sanofi’s core businesses and several high potential R&D projects progressed in 2013, including alirocumab, sarilumab and U300.”
Sentiment: Strong Buy
Dunno. I won a spelling bee with traphick. Go wonder.
Sick and tired of management stealing from investors and failing the company. Leadership team in this company is feeble at best and in my opinion quite lazy. All about then paying themselves over the past few years at the expense of the investors. This company is no GLUU or ZYNGA - it has no capacity for learning and evolving to the needs and expectations of the global environment. Took my loss and added to my well-researched (although highly risky) position in oncs (biotech). I hope all get out before the soon to be announced reverse split or delisting announcement price drop-off. GLTA
Sounds like way too much pipe dreaming. $3.75 might be realistic if you factor in the likely accompanying news of "minors forgot their tools and metals were left behind as empty cargo shipped." My hard learned motto: learn from the past. But best of luck on a better outcome.
I disagree about one item in your post. IMO management couldn't give a squat about investors. They are in it for their own gains....period. If you really believe differently, then I have a bridge just waiting to be bought! That being said, GLUU is well-positioned for the future competition in gaming. They have "played their cards right in establishing a strategy that is really paying off in a rapidly evolving business environment. I applaud them on this and congratulate them on a job well done. Will the investor enjoy valuable gains? That remains to be seen.
If you're this concerned, phone GLUU investor relations and pose the question and voice concern as a shareholder. Mention what you are reading from other shareholders on the yahoo boards and other social media platforms.
I feel for you if you cannot humbly take others' experiences and heed their advice on a company about which you are clearly less informed. I would wager that you will be joining the ranks of Vegas, Foggie, etc before the next two years expire!
As someone who held TGB for over 4 years and made much monies (and then bailed for obvious reasons) , I also experienced the same ole same ole (excuses) from Russ and this company's abysmal performance following promise after promise. I concur completely with Vegas. He is more in the know based on factual information than probably everyone else on this board.
After reading and digesting all of the comments on this board, I've became convinced that I should avoid this brokerage regardless of the ratings shown elsewhere (and probably manipulated by the company, paid-for ratings?). BAC's Merrill Lynch has a better version of the Think or Swim platform and they will give me free trades forever along with the same $600. perk for investing with them. After speaking with them, they seemed like they would be much more willing to accommodate my requests and trading needs. Anyone else have any thoughts about other good brokerages?
Wow, nasty business here these days I see. Now who are the current bag holders? Been there done that. Was in this POS for 2.5 years and traded away and made alot. I wanted to hold longterm but had a big issue with management. I mean each time they reported earnings, they had a leak, a flood, stubbed a toe, dropped copper out of the backside of their caboose, suffered an earthquake, forgot to deliver the goods...and it went on and on and on. Oh, and not withstanding their insulting of the entire indigenous Indian population by ignoring them completely in their quest for Prosperity approval. Oh, and why the loss every single earnings report? Have things gotten better? You'd sure think so listening to the new set of bag holders who do not even recognize themselves as such. I remember those days when we touched 6, days never to be had again with or without Prosperity approval. In summary, then, YUCKY! and god bless Taseko.
Yes. "Wiley" is infamous for his abilities to predict a no brainer price increase. And he's even better at taking money off the table when his price is hit. Looks perfect. If he left monies on the table, price might retrace and then he'd look like the first part of my name.