Which is still too much to pay, considering the insiders bought a huge chunk of the company for $.09 just a few months ago. But I'm feeling generous. Maybe I'll get the chance to buy more at the same price Lonnie did (i.e., $.09/share). Hey, then I'll REALLY be in on a ground floor investment opportunity, like it says in their marketing materials.
Thanks for the info Mickey. I'll assume the firm was hired by the company. If so, i guess that's a good sign because the CEO has never previously shown interest in getting the word out (neither through investor conferences nor PR firm). So maybe he thinks they have something worth crowing about at this point in the turnaround. Meanwhile, the stock has been under serious pressure as of late. Only 2 up-ticks in the last 24 trading days.
Did the PR firm say anything interesting? I never heard of a PR firm calling individual investors one by one. Is that a good thing? Do you know if Talon hired this PR firm, or was it hired by a large shareholder trying to get out?
Finally some buyers showed up today. Took out over 90k shares at the ask of $0.27. First time a buyer has stepped up in weeks. We'll see if this level holds. Stock needs basing for a while.
Cramer said he was using the TA from an analyst friend of his. He was correct that there was a cup and handle formation going back a few months. But his analyst friend was wrong in saying that it had broken out of the cup and handle. (Maybe Cramer got confused about what his friend actually said. A cup and handle pattern is not the same thing as a breakout.) At any rate, the stock did try to break out of the cup on the following day, only to push back into the trading range. And it's been straight down ever since. Thus; a failed cup-and handle breakout.
Looks like Gun Zombie 2 is dropping fast in the ranks. Down to #25 for iPhone game downlaods. And it dropped 56 spots in the iPhone grossing category: down to #212.
This is the question I have: What good is having a perfected "Glu-On" monetization platform if you can't capture and KEEP enough players to use it? I often hear some smart investors say that DH14 is not the real story - that the real story is the perfected GluOn platform for monetization of future games. But that's like putting the cart before the horse. You need a blockbuster game first, to maximize the profit by increasing the size of the user pool. But instead, I hear people saying the important thing is not neccessarily to have a blockbutser game, but to convert a higher percentage of users into paying customers. I'm starting to doubt this theory. I'm starting to think a huge user pool will always be required to make significant monetized gains. And on this basis, how many "singles" does GLU have to hit to equal one "homerun" game like DH14? I think it could be as high as 100-1. So GLU has to release 100 mediocre games a year to guarantee the equivalent monetery benefit of one blockbuster game. Can they pull it off?
Update: "The Great Pretzel Bun bubble collapse of 2014"
Hi guys. I am half-way through writing the book. It is coming along great. If anyone wants to pre-order a copy just let me know.
Just bought some at $76. That will be the new 52-week low come October 10, 2014. Expect to see new 52-week high above $100 in 2014. You're welcome.
Sentiment: Strong Buy
You won't be sorry.
Sentiment: Strong Buy
Price Size Mkt Time
$11.50 362 AMX 16:01:31
$11.55 78 AMX 15:59:58
$11.54 22 NYE 15:59:58
$11.54 100 NYE 15:59:58
$11.55 100 AMX 15:57:35
$11.50 100 AMX 15:56:00
$11.50 100 AMX 15:56:00
$11.5475 418 NDD 15:53:39
$11.548 300 NDD 15:52:23
$11.55 200 NDD 15:51:20
$11.5475 200 NDD 15:50:48
$11.55 100 EDGX 15:49:47
$11.52 100 EDGX 15:49:40
$11.60 100 EDGX 15:49:40
$11.55 200 NDD 15:49:40
For sure, I'd be buying WEN stock hand over fist if they had Blunt Burgers on the menu. But alas, they'd rather sell Brioche, in hopes that mainstream America resembles some sort of secret collective of French cuisine enthusiasts. Man, are they in for a rude awakening! And to think, they gave up the pretzel bun to make room for brioche? Dumbest move of the decade. Hard to explain. I think perhaps all those million dollar salaries at the senior level is just killing brain cells exponentially.
Sentiment: Strong Sell
"...Once we get to $.70, then we will be at a point where some real investors with long-term horizons can actually invest in this stock"
That's a good idea if you like throwing money away. Here's a tip: just wait for the Nasdaq de-listing, then buy on the bulletin board at 5 cents if you must hold this toilet paper. Good luck.
Wendy's outdid themselves with this creation. Much more popular than their brioche burger, that's for sure. And it heals Glaucoma too. They should go national with it. Hahahahahahahaha!!!!
The bid is really thin. I wonder what Lonnie said at the LD Micro presentation this week. Doesn't matter if nobody showed up. Oh well. What insiders need to do is buy a lot of stock on the open market with their own money. That would attract interest. But the insiders are already flush with equity, stolen from former investors at $.09/share. Nice job.
ATLANTA (AP) — A Wendy's employee who dropped a partially smoked blunt in a customer's cheeseburger has been fired and charged with marijuana possession.
Police in the city of Lovejoy, Ga., about 25 miles south of downtown Atlanta, said a customer drove home with her food on Nov. 1, took a bite out of the burger and noticed a strange smell wafting from it.
The woman pulled the bun off and saw a partially smoked blunt inside, police said. A blunt is marijuana rolled into a hollowed-out cigar.
The woman called the restaurant's manager and met there with police soon afterward.
In an incident report released Thursday, authorities said 32-year-old Amy Elizabeth Seiber admitted that the marijuana belonged to her as soon as she saw police standing in the restaurant with her manager.
Seiber told Officer Randall Rowland that it wouldn't make any sense to lie about the marijuana, since she and the restaurant's manager were the only ones working when the customer placed her drive-thru order, Rowland wrote in the report.
Seiber apologized, saying she had misplaced the marijuana, Rowland wrote.
Wendy's officials said they're deeply sorry for what happened.
"Obviously the employee broke the rules and did not follow proper food handling steps," said Wendy's spokesman Denny Lynch. He added that the corporation contacted the restaurant's owner and officials were told that she had been fired.
"They have apologized to the customer and have offered to pay the medical bills," Lynch said. "Furthermore, the franchisee is working on a satisfactory resolution with the customer."
Clayton County court officials were unsure if Seiber had an attorney. A telephone number listed for her was out of service.
A call to the customer who found the drug in her sandwich was not immediately returned.
"I've been working in games for 14 years, trying to make them a bigger part of popular culture," Palm told NBC News. "For a long time, I thought it was going to be more deeply immersive, open-world games that would do this. But it turned out it had to be simpler games, not more elaborate ones, that would be the real game-changer."
In other words, he learned how to cast a wide net. Bells and whistles are not the answer. DeMasi will never deliver a Candy Crush, but he may be successful by hitting singles and doubles within a niche target group.