It's always good to hear of insider buying. Much better than insider selling. gkl, do you know what quantities those 3 insiders bought? I thought I read someone bought 5K shares on December 4. I'm hoping I got that wrong. Thanks.
This is a "basic" rule. HIMX released some numbers before earnings in an attempt to stem the selling. HIMX has good numbers to report on 2.04.15.
It is my hope this silence from Glu signals a good, if not strong, report. Glu needs to make announcements that will bolster its investors. They need to part themselves from the ZNGAs and COOLs of the gaming business.
If they reduce the forward guidance numbers there will be a lot of anger with stockholders.
There is an old rule of thought, if a company does not release numbers early it's because those numbers are right on target, or better. If they release numbers before the earnings date they do so to get the bad news out of the way. Glu has not released any numbers. In fact, Glu has been unusually quiet. More so than usual. I hope this is a good sign. As you say, "Will see soon enough." Nine days and counting.
I think they'll hit their numbers and then some. I also think de Masi and crew know the importance of the guidance. There can be no announcements of acquiring another company. They will need to reveal a new celeb game, or announce something stellar. This report will discuss not only the Q4, but the whole year. A so-so guidance will cause whole sale defection. Many of us have been faithful but that faith has worn thin. So I think guidance will take all this into account. In my opinion, this is Glu's make or break time.
Listen, Eeyore, don't be so pessimistic. So long as the stock closes in the green it's a good day. Even if it closes up one penny. And I have the feeling it will close higher than a penny. Don't worry. HIMX is coming into its own.
Keep in mind, this is the year that not only wearables will flood the markets, but VR and AR are to be rolled out. It doesn't matter if it's Facebook or Microsoft or someone else. Each company wants to be in front, to lead, to dominate. They will all want to get their product into the hands of the consumers. Lots of consumers. Supply and demand for parts dictates HIMX and its competitors will all be used. VR should be in full swing by summer. I'm sticking with HIMX hopefully to December, maybe longer.
This is SPAM.
This is a pump for Ultimate Spam Alerts.
And these dopes are so stupid they're spamming a board that is currently under used.
Oh, you are right, Haschultz1. There are other companies getting ready to sell wearables. 2015 is the start of the infusion of wearables and the public, like smartwatches. But also, cars are utilizing smart glass, as well as home control panels and security panels. And then there is the introduction of VR/AR. And all these fields require a company like HIMX. I am focused on HIMX until December 2015, in which time I will weigh my options.
Discount is right. There are a number of articles out there regarding this. I will say, I don't think Google did a very good job rolling Glass out. It was somewhat tongue-in-cheek. They should have first released the use with only professionals, like doctors, or brokers, or EMTs. They needed to create a "buzz." Then the general public would have been more receptive to the concept. And they should have put a little red light on it that indicates when there is recording. Heck, people are always using their phones to video others. And there are more and more CCTV cameras out there. Bottom line, Google should have eased the public into the idea by starting with professionals. And whatever happened to those barges Google was building...
It's not surprising that game discs have declined. In fact, Game Stop felt the drop a couple of years ago. Online and mobile have had an increase over the past few years as gear and games improve. I see no correlation between the decline in disc sales and Glu. As always, Glu's survival will always depend on the popularity of its games.
Star, you're correct on both accounts. The numbers will be solid, and Glu will take a hit in the face, if past history proves correct. It is my hope De Masi understands this situation and addresses it with more than positive numbers. And it has been mentioned before, Glu should have games that require a monthly membership. No hidden fees. Everything is included with the monthly. This would help with projections. One thing is clear, this earnings report cannot be handled with the "same-old-same-old" approach.
And let me add, again, the biggest hold back for Glu is "Only as good as the next game." This standard could be held to EA or Take-Two or Activi. Yet they have strong support. It is difficult to see a company's value and this sight puts me in the minority.
For the last 20 quarters Glu has done well. Not perfect, but well. And it has already been pointed out, even in these posts, Glu is a diversified company. So, the question becomes, "Why does the stock price languish around in low numbers?"
It is said the reason for a lack of stronger support from investors is that Glu, like all mobile games, is only as good as its next game. That mobile game companies are too high a risk. There is some truth to that. But not all game companies are one hit wonders. From the beginning Glu focused on mobile while others like Zynga stayed with social media. Glu has developed a platform that makes it easy to change a game. And Glu has a portfolio of successful games that continues to grow. But, if perception on the mobile game sector is not changed, Glu will continue to fight for every click up in value.
I like Glu and have been a long time holder of it. My average is around $3.27 a share. Like star.trader I too will be giving serous thought about staying or leaving. I see other investments I've made making a return much better than what Glu offers. I am frustrated that Glu does not have the respect it deserves.
This is what mabelleray thinks of CEO and board.
He fails to explain how this company has no debt, and continues to make money from current games and new games.
Ah, so that's what happened to you, SPAM-BOY. You were a fool with investing and lost all your money. Now you troll all the boards for otc and get paid a nickel for each email address you steal. With such a bad attitude you need to find something better to do. You're a bad rep for otc.