GLUU reported great earnings but Q1 guidance is weak and the game pipeline is geared to the second half, including Katy Perry. Frankly, there is little to keep investors focused in the near term as DH14 and KKH continue to fade. Therefore, traders are likely to take profits soon and the shorts will pile in again.
My guess is GLUU will peak out @ $5.10-$5.30 by Monday. Traders should take profits; investors should sell half and wait for a lower reentry point (not totally out as it's possible GLUU could get taken out). This is a typical trading pattern for GLUU. The only sustained rallies in recent years have been on the huge game hits DH14 and KKH. With no current big hit game, GLUU will likely stall soon. That's the way I see it. Good luck to all.
Finally!! I just now got the execution when GLUU hit $5.05 for the second time in the last half hour!! With ZERO premium, options traders believe that GLUU is topped out for now, folks.
For those who may think I'm short, let me set the record straight...
1) Sold half my GLUU long position, still holding 15,000 shares
2) Long 100 GLUU $3.50 Jun-15 calls
3) Sold 95 GLUU $3.50 Mar-15 calls today (previously long)
Those who have been on this board a long time know I trade GLUU. For the clueless newbies trash-talking my trades -- Cram it where the sun don't shine!!
The options market is signaling that GLUU is topped out in the short term. I have an order in to sell GLUU $3.50 Mar-15 calls @ $1.55 and couldn't get an execution when the stock just hit $5.05. That means in the money with ZERO premium, there were no takers! Incredible! Anybody who trades options will know that's a bad sign for the stock.
Well, this puppy might not even make it to my short term top target of $5.10-$5.30. What happened pumpers?? LOL
Hey, "dude"! I like your style and insight. You really get this board. As for me, I certainly lack "manners" but love poking fun at the riff-raff that ALWAYS appears on every cycle of hype and hoopla. I simply don't care if anybody likes me, I just want to make money and help prevent others from losing theirs. ;)
I sold 5000 shares of GLUU @ $4.50 in early AH trading and have an order in to sell 5000 more. So far, it looks like I caught the exact high of the session. GLUU earnings and the Katy Perry deal were just announced on CNBC but so far it isn't lifting the stock any higher in AH trading.
Bottom line, great earnings and news of a new celebrity game BUT poor guidance for Q1. In my view, GLUU will take a breather after all the hoopla subsides. Good luck to all!! :)
butthair: You've been totally WRONG on GLUU from $7.60 all the way down to $3.27. Why should anybody with a brain care what you think??!! LOL
Let me see -- I'm "nuts" for taking a 300% profit on GLUU calls in one month??!! "steve" is the true MORON!! LOL
...I told you so!!
To those who are decent people and lost money -- you have my sympathy.
To those trash-talking clueless pumpers who insulted me with obscenities --
CRAM IT WHERE THE SUN DON'T SHINE!!!!!!!!!!!!!
I MAKE MONEY -- YOU just puke up trash-talking garbage. So, just WHO is the "little boy" here??!! BWAAAHHHHAHAHAHA!!!!!!!!!!!!!!!!
Like most message boards, this KMI board is full of clueless babble from some clearly inexperienced posters who smugly think they know it all. Here's a sample...
"Usually if something looks like it's wrong in the market, you'll find out what by looking in a mirror."
Oh, yeah?? Many, many times the market is totally WRONG!! How many times have you seen "the market" blindsided when a stock is cut in half or much worse on news "the market" didn't see coming. Some of you guys better smarten up or "the market" will help you part with your funds!! LOL
Such clueless stupidity!! There are many more categories of sellers but I won't bother elaborating to such a complete moron.
BTW -- Try learning to use proper phraseology!! LOL
You're living in a DREAMWORLD, pal !! Going private for $5 a share?? If you're serious, you have NO business buying stocks!! ANV is toast but some shareholders just don't know it yet!! LOL
d,chavo: Let me clue you in. This message board is for ANYBODY to post who has an opinion and my opinions are based on objective analysis and DD. If you don't like it there's an easy solution -- place me on "ignore". And SHUT UP already!!
Anybody who believes there is a "soft basher who is paid to post" on a message board is a totally clueless MORON!! Educate yourself prior to posting such nonsensical conspiracy garbage!! LOL
thewzrdaz: Ummm, not really!! I trade KMI warrants NOT the stock -- high beta and wild volatility. You might yawn at a few points down in KMI but the warrants would lose a third off the highs!! Then I'll be ready to buyback in. LOL
The SA article today makes some valid points about PXLW's poor performance and serious competition for design wins in mobile chips. The author certainly validates my concerns following the CC. Until Walicek can show real Iris design wins, PXLW is simply a very risky speculation in spite of all the hype and hoopla. Of course, the Kool-Aid fest will continue among the Merry Band of clueless PXLW pumpers!! LOL
It's comical reading such clueless pumper nonsense. It seems pumpers not only fall in love with GLUU but are also paranoid and believers in conspiracy theories!! Frankly, it's actually getting childish silly!! LOL!!!!!!!!!!!!!!!