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Glu Mobile, Inc. Message Board

koufax62 1 post  |  Last Activity: Dec 17, 2014 7:35 PM Member since: Nov 16, 2002
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  • koufax62 by koufax62 Dec 17, 2014 7:35 PM Flag

    Cash preserving personnel cuts to extend the on hand working capital runway thru P3 data & beyond into CY'16 on it's own looks like SOP, but combined with Nov positive P2 end point achieve plus auction of pre-clinic equipment has the feel of a bare bones reduction to just clinical pipeline/ongoing trials to be packaged to SD or other entity.

    Cut away all the non-essentials in prep for the large acquiring player closing the deal.

    IMO, the stock should have popped to 1.80-2.00 just on the recent data released in Nov + cash (Jan effect delayed reaction?) not including the SD partnership/asset so 300M+ in it's entirety appears well within the realm of reason.

    Any comments?

GLUU
5.03-0.130(-2.52%)Feb 27 4:00 PMEST

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