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.
ntcse, I mention this because ValueWalk released this at 12:30. Soon after, the Google Glu chart showed the price slipping down. At 2:08 Glu hit its low for the day, $3.96. It then began to move up. The point of knowing the good and bad helps to understand the moves the stock price takes. As I said, there are plenty of positive reviews from analysts. Piper Jaffray is the most conservative with a price target of $5.
Should add, I hold Glu and believe the stock will be moving higher. It is important to be aware of both the good and bad news out there. There are certainly a large number of analysts who see Glu as a good investment calling for an average price of $8. So, we will see.
Sentiment: Strong Buy
Jefferson Research downgraded Glu from a Hold to a Sell.
You can Google ValueWalk and search "glu-mobile-inc-gluu-downgraded-by-Jefferson"
It has been previously mentioned on this board that Glu should offer "free games," and "membership games." The suggestion made was for a monthly membership fee. For that you would get all extras at no additional cost. There could be two categories. Games designed for "free" play. And games for membership only.
It would not surprise me if this will be something EA will do with mobile gaming once they are fully immersed in the mobile market. And that should be by this summer, if not sooner.
Sentiment: Strong Buy
Yeah, and with the end of the quarter comes the pumpers and bashers, like "Mr. LOL." Some will claim Glu is going to $20. Others will say we are idiots to buy this stock. At the end of every quarter we get slammed from both sides.
Star, you give all positive reasons for owning this stock yet you sound a little discouraged. Don't be. Glu has every reason to move back to the $6/$7 range. And if they have a strong celebrity game this will happen. And don't forget, this is the year for VR and Oculus Rift. Glu is the leader in 3D games. Bottom line, you will see your $4.50 soon enough, even more just down the road.
Sentiment: Strong Buy