What a nightmare. Glad I didn't buy heavy into this junk. Chart looks awful and will attract more shorts now.
For some reason, this stock gets no respect even when good news hits. Ever since Eric Cantor, Israel's mole in the US Congress (and Notorious IM/EX bank supporter) lost his election to a Tea Bagger, this stock has been sold off into every rally. I wouldn't be surprised if it closes in the red today.
How much do you want to bet that the James Bond game will be a flop, just like Robocop? It might hit top 20 on iOS for one week, and then it will tank fast and go below the top 100 within 2 months, totally forgotten and never to be seen again. If I am wrong, I will never post on this board again. GLUU has produced over 100 games. How many are currently in the top 100 as we speak? You can count them on less than one hand. You can soon add James Bond to the trash heap.
Update: Dino Hunter will be forgotten in 3 weeks. Not 3 months.
Why will user base expand due to girl's coming home from camp? Didn't they have their iphones at camp?
How can Dino Hunter "continue" to climb when it's been falling all week and now sits below Top 30 earners on iOS? Grammatically speaking, the only thing it could "continue" to do is fall, since that is what it's been doing for a while.
Time to face facts. Stock symbol KK.
Dropped out of the top 30 earners on iOS. That was fast. What's next?
The fans of the James Bond movies are of average intelligence, which means on average they are too smart to waste time playing video games. GLUU needs more brands like Kim Kardashian, whose fans are complient and dumb as rocks. That is the meal ticket. For example: Paris Hilton, Dwayne "The Rock" Johnson, Fifty Cent, Donald Trump, Bill O'Reilly, Pee Wee Herman, etc... Stars like these who have a moronic legion of fans that can't think for themselves. I hope Di Masi reads this message.
"Is it not a great gamble for any analyst?"
No. Not when they are all together in a herd, like buffalo. Safety in numbers. That's how the street works for the most part. If they are all wrong, then no one individual can be wrong. Safety in numbers. That's why you see mostly all buy recs or mostly all sec recs on any given stock. It's never a normal bell distribution.
I will give him that, regardless of how this turns out.
His credibility will be legendary and his reputation stamped forever high among the gods.
However, if Matt is proven wrong, it will be a long road to recover any credibility.
The dichotomy couldn't be more clear and treacherous. What an amazing gamble on his part. He is currently sticking to his guns, so I have to root for him. The underdog. Poor fella.
"...What I am saying is sell now (or a week ago) and buy back later when it is on sale."
(yawn) So in other words, you're a trader. And you have the nerve to quote Warren Buffet as gospel. What a joke you are. Why is it that people promote themselves as Warren Buffet disciples when they are clearly not. This trend has got to stop! Mark Gomes does the same thing at PTT. He thinks he's Buffet's love child, yet he spends half the Spring trying to game the rebalancing of the Russel Index with short-term trades. I'm so tired of these jokers.
The problem is it's an outragoeus royalty percentage, and it calls into question the effectiveness of this management team to maximize shareholder equity.
Don't balme the shorts. Blame the company for their terrible execution, and their idiotic decision to use inferior alumina to save a few pennies. Just be glad this stock isn't $10 right now. Although that's probably where it's headed in the short-term.
Just like robocop. A lot of excitement, and then it peters out. It will prolly be below top 50 by end of month. It's all up to Kim now.
That means the selling intensity is totally overpowering the buyers, and the true floor is lot lower than here. Be careful.
When this thing hits $9.00 next month, it will have to rise almost 800% in just 10 months to hit Matt's price target of $87 by June 2015. I wonder when he will lower his 1-year price target so he can at least retain some level of credibility. Most professional analysts know enough not to issue one-year price targets that are multiples higher than the current stock price, but rather give conservative targets so they can raise them when earnings are met along the way. In doing so, you don't look like a fool in case the company fouls things up - like they did here.