Bestinvestor, I don't get it. I just took a look at your 3 pages of posts, and though none of us are perfect, you were far better at articulating your thoughts than these last two posts. "Slingshot," "unthinkable," why? If you have something, post it.
I predict Thursday will follow Wednesday! What day is it today? And what was yesterday? How about that. I'm right! Told you so...
Also, Inside Mobile Apps reports: "50% of smartphone users spends close to 200 hours per year playing games." Will add, the real number one thing people use their smartphones and tablets for is checking the weather. But that takes, what, 15 seconds???
KING had over $250 mil from other games. Also, Farmville and Candy Crush had long runs in the market. KKH is still new. Some day KKH will fade. Hopefully there will be other games to pick up the slack. But Glu ain't resting on the KKH fame. They see the future. Bottom line, KKH will fade, it's a given. But that wont happen next week or next month.
This is true. Sometimes it's forgotten the other revenue streams. But, Candy Crush has been their main game and it got crushed by Kim K.H. Zynga is best known for Farmville even though they have other games. Glu has been known, in passing, for Deer Hunter. Kim KH has become their Candy Crush/Farmville.
It was reported yesterday that the number one activity for all smartphones and tablets is playing mobile games. This is over texting, emailing, web surfing or placing a call. Mobile gaming. So, no matter what the markets think of mobile game companies there is a huge market to be had. This sector is just evolving. The landscape will change year after year. I think Glu is in tune with this. Okay, done with my Glu cheerleading for the day.
Keep in mind, since June 25 Glu is up 42%. When this quarter ends the last day of September Glu will have big money to report just from KKH alone. Then factor in the other games. For the next couple of weeks Glu will be drifting up and down. But more "up" is coming...way up.
The only companies that buy game companies are other game companies. So, no buyout from Apple, Google or Don's old haunt Microsoft. However, eagle makes an interesting point. Don has history with EA. EA has said repeatedly of late that they are "doubling down" with getting into the mobile gaming business. I don't see EA buying Z, but it is possible to see a partnership or an alliance. I also think EA will bring some form of membership to the table. EA will be a factor to consider.
Thanks eagle. I had forgotten about Don's past. But I don't think Zynga would be a good match for EA. Glu with all its working components would suit them better. However, I still wish to see Glu stand alone. But an interesting point regarding Don. Thanks again.
Gosh, odie, what a surreal post. Am glad you were clever enough to receive Bitcoins. I'm sure if Lee wasn't so involved with family she'd be heartbroken. As for the priest, why didn't you confess to him when you had the chance. Wasn't he on the other side of the bed with sf in between??? And for your sins; you must buy more Zynga as punishment, and say 10 Hail Mary Farmvilles and you will be forgiven.
speculator, nice job of laying out the pros and cons of Glu. It's my hope Glu's new low is just above $5, and I hope it never gets that low. And I think you're right with your projections. Small movement for the next couple of weeks and a move to $10 or by the end of the year. And smart to add, "If any positive news is released, all bets are off..." CYA!
If King or Zynga bought Glu they would pay way too much. It wouldn't make sense. I think they would go after a company like Supercell. I really don't see Glu being bought out. At least you're not suggesting FB or Apple might buy them. Only game companies buy game companies.
Well, actually I sold taking a profit. Which is better then some who invested. But, I do see Z having a turn-around and will pick up shares to enjoy the ride...just not right now.
I do like free publicity. And I think TMZ has been great for Glu indirectly. After all, it was TMZ that got everyone buzzing about the game and Kim's pay. Glu has hit gold using Kim! She is loaded with free publicity!
It's the membership thing I'm currently thinking about. EA may do both "free" and "member" games for mobile. But the focus may be members. A player might like a Glu game but will stay with EA because of the paid membership. Also, free games nickel and dime the player. Paid membership provides everything. EA could change the business model of mobile gaming. Perhaps both will work, free and paid. It will be interesting.
Look, odie, Don was upfront at the last CC. He laid it out on the table stating earnings would be lower for the year and new games are coming but not as soon as hoped for. But it's not all doom and gloom. Z is near the bottom. It is from here it will move up, not down. I still believe by spring, with the new games building a following, Z will have value. Admittedly, I did sell my position in Z last week. I still believe in Z but don't want to see my money sitting idle. I'll have another position in Z down the road. And for others this is a bargain for taking a position.
Recently EA has mentioned that they are "doubling down" with their move into mobile gaming. EA is a well run company and very successful with video games. From 1999 to 2009 they were on a tear. Market imploded and they dropped a bit. Since mid 2012 they have been on the move up again. Two things going for EA. First, their ability to create popular games. Second, their membership. There are a lot of players with EA memberships. Their move into mobile will be felt come next summer.
I'd like to know what your opinions are. Also, I've said, numerous times, Glu will never be bought out. Only game makers bought out other game makers. Would it be strategically wise for EA to buy Glu? Again, EA is no Zynga or King. They are big, have history of success, and they are coming.