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point-taken 2023 posts  |  Last Activity: Apr 29, 2016 10:58 AM Member since: Jul 12, 2012
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  • point-taken@att.net by point-taken Apr 29, 2016 10:58 AM Flag

    73 year old Nolan Bushnell is teaming up with a little known game company, Spil Games out of Amsterdam, to create better mobile games. He plans to release his first game in early 2017. Nolan states that his dislike for the current games offered makes him want to throw his phone.

    Have to wonder what the father of electronic games will create. Let's face it, it was Pong that got the ball rolling. And I'm impressed his curiosity still has him staying current. I have a feeling that first game will be well liked. Wonder if Tencent plans to buy Spil Games...

  • Reply to

    Well, this is frustrating

    by point-taken Apr 26, 2016 11:23 AM
    point-taken@att.net point-taken Apr 28, 2016 4:49 PM Flag

    AA? Alcoa? Haven't paid much attention to it. So long as beer consumption continues up it should do nicely. Actually, it might be the right move. Even trucks are being made with it. Will have to nose around. Made about 9% on CBR. Have moved on. Did buy MU about two weeks ago for $10. Pretty sure there's some plus movement with it. And, bought ABX beginning of Feb. Up 81%. Bought GG beginning of Feb. Up 71%. And AUY, up 180%. Dave, AAL has a cost per share $705, but a $20 dividend sure is nice. I think precious metals are pretty cheap and will be increasing in value. Have the same thought about oil but haven't done any research yet.

    About 3 years ago Star.trader and his friend Tru.nite were pushing FB when it was around $25. They both dropped some coin and have made real money. I bought a chunk at $70 and plan to just hold. I regret not listening to Star back in the day.

  • Reply to

    Well, this is frustrating

    by point-taken Apr 26, 2016 11:23 AM
    point-taken@att.net point-taken Apr 26, 2016 4:09 PM Flag

    The sad thing is the majority of companies rarely keep their shareholders informed between cc's. There might be news about a new roll out or cost cutting but not much else. I don't expect Glu to change its ways. But I would like to know why so little, if anything, goes to marketing.

    And what we need to consider, Glu may not come out of the low $3's for some time. It's possible. Not even the knowledge Tencent bought more helped to sustain a higher price. Along this line, the share price is pretty low. A bounce from earnings will bring Glu to the $3's. A pop would be better if Glu could have maintained the $3's or low $4's first. We will need either proof Glu can manage a steady income, or Glu delivers some outstanding news to see the share price move up strongly. But I fear there may not be anything special and the price continues to linger. Certainly there wont be any thought of a buyout. Why buy a company that can't produce.

    I did add to my ATVI position the other day. I still think the video/mobile game sector has potential not fully realized.

  • Reply to

    Well, this is frustrating

    by point-taken Apr 26, 2016 11:23 AM
    point-taken@att.net point-taken Apr 26, 2016 12:48 PM Flag

    "Dude????" ;)

  • Reply to

    Well, this is frustrating

    by point-taken Apr 26, 2016 11:23 AM
    point-taken@att.net point-taken Apr 26, 2016 12:47 PM Flag

    Dave, Glu has never been good with press releases or announcements. They had that contest to meet Kim. We never heard any reports about the winners or their adventure. It would have been a great piece of publicity for Glu. If you visit their website most news and announcements are from 2015 or older. Like you I am still positive given Tencent and other acquisitions made by Glu. There is a bigger picture to Glu then just the games. I hope de Masi can articulate a positive strategy for Glu on May 3. Based on the cc I am considering visiting San Francisco and going to the annual shareholders meeting on June 2 and 3.

  • point-taken@att.net by point-taken Apr 26, 2016 11:23 AM Flag

    7 days out from earnings and Glu has been drifting down for the past week. I'll grant you it is actually up 25% YTD, but that really isn't any solace. Should Glu have stellar news the pop could be 15% but that takes us back just over $3. My expectations for Q1 are muted. Either there will be some cash or not. What we will need is a well thought out future plan for Glu. To simply announce the release of a new game or two, and being on target to release some more celeb games, wont do. Glu was originally the first company to state it would focus solely on mobile gaming. That was huge forward thinking at the time. It has lost that edge. For the past 5 years, quarter after quarter, de Masi and team have guided Glu with tender hands and foresight. However, the that seems to be missing.

    Zynga was down to $1.78 in February. It is now up 34% to $2.45 and they have nothing in their portfolio of games. Glu needs to address the lost in stock value and how they plan to remedy it. However, I fear de Masi will offer a carbon copy of past cc. I have no wish to change leadership. History demonstrates they can lead. But I do want them to face and answer the hard questions: what went wrong, what is being done to correct it, how long will it take. Come Q4 and Glu looks pretty much like it does today I may join star.trader's rant. After all, Glu has the wherefore all to turn this around and make solid profits. We're 7 days out. Tuesday will be very telling.

  • Reply to

    OT: In Other News

    by point-taken Apr 15, 2016 12:08 PM
    point-taken@att.net point-taken Apr 21, 2016 12:16 PM Flag

    Dave, for clarity, I thought you were asking Six about UA and me about ATVI. Was just a little tunnel-visioned with my focus on ATVI. Sorry.

  • Reply to

    OT: In Other News

    by point-taken Apr 15, 2016 12:08 PM
    point-taken@att.net point-taken Apr 21, 2016 11:25 AM Flag

    I should have bought UA, just didn't know enough about Under Armour. Didn't want to risk it. Glad you made some coin.

  • Reply to

    OT: In Other News

    by point-taken Apr 15, 2016 12:08 PM
    point-taken@att.net point-taken Apr 21, 2016 11:08 AM Flag

    I took a tiny position back in February, 500 shares. Just bought 500 more today. Average $32 a share. I'm willing to sit and see where it goes. Still can't shake the feeling the gaming sector will be electric this summer.

  • Reply to

    OT: In Other News

    by point-taken Apr 15, 2016 12:08 PM
    point-taken@att.net point-taken Apr 21, 2016 10:51 AM Flag

    Was watching NBR (Nightly Business Report) on PBS last night. They had a feature story on ATVI and esports. Holly cow, is this a money maker. Sporting venues are sold out with people paying good money to watch teams and individuals compete. (Huge monitors center court.) ATVI is in charge and own the majority of games being used. Certainly Tencent will invest more in ATVI as this will be worldwide. Debating if I should increase my shares in ATVI.

    I have made about 6% with CBR. However, I'm thinking of moving that money somewhere else. Maybe ATVI. Simple am not as strong about CBR as I once was.

  • Reply to

    OT: In Other News

    by point-taken Apr 15, 2016 12:08 PM
    point-taken@att.net point-taken Apr 15, 2016 7:07 PM Flag

    Dave, I'm not sure how much influence VR will have on HIMX. It certainly adds to its bottom line. Screens will be bring in the money. TV, phones,auto displays, appliances,any place a monitor is needed HIMX will be in the mix. I think big tech is worth holding; GOOG, AAPL, FB as well as others. I like MU and PXLW. Pretty low for the year. Fund managers are starting to like them again and taking positions.

    I'm unsure how to plan for the market's future. I think taking cash to the side is smart. I think oil is a good play. I don't think it can be devalued much more, so even parking money there gives an opportunity to be ready for when it does tick up. BTW, great play with VA. Right place and time.

  • point-taken@att.net by point-taken Apr 15, 2016 12:08 PM Flag

    Have been wondering if any of you feel a market correction might be coming. A few months ago we did see the Dow drop to 15K. It was short lived. But I wonder if something else may be lurking. If so, what moves are you taking "just in case."

    Have read where China's companies are getting into the movie making business, for two reasons. Films are more likely allowed to be played in China if a Chinese company has a part of it. Also, they say movies are a hedge against a market slow down. "People will always have money for movies to be entertained or to escape to," said one China executive.

    I still hold HIMX and ATVI. Companies to look at: MU, NVDA, and PXLW. You all remember Pixelworks. They were dropped by Apple a few years back and nearly disappeared. (They were contracted by Apple to make the screen for the iphone) Was speaking with a bud over the weekend and he thinks it's a good spec stock and has taken a pposition. Currently trading at $2.27 with a possibility of seeing $4 sometime later this year. And again, ATVI looks like it will be interesting some time this summer. So far, it continues to inch up.

    And last, I've got nothing for Glu. Just what and see.

  • Reply to

    Glu is a volatile micro stock, yes?

    by point-taken Apr 13, 2016 6:58 PM
    point-taken@att.net point-taken Apr 14, 2016 5:02 PM Flag

    Star, you can nickle and dime just about any stock. I use Glu because I have an eye on it through out the day. The last week or so made a good time to buy and sell a few shares. Yesterday it moved above $3. If you had bought at the open Tuesday and sold near the close Wednesday you would have a 7% profit, or 20 cents a share. You're not looking for the big kill. Just something while you wait for the share price to get back on track. And like you and everyone else I have shares underwater. Just didn't expected it to drop below $3. I think you once said your average is around $4 or so. I'm certain you will see that before the year's out. Most likely sooner but cushioning my guess. Which means, if you pick up a few more shares now you'll make a dollar when it hits the $4 mark. Or, buy the dips, sell the ups and make a dime or so on the trades. I know I'm not telling you anything you don't already know. I think your frustration is getting a little in the way.

  • point-taken@att.net by point-taken Apr 13, 2016 6:58 PM Flag

    Oh you betcha...

    (First, taxes were a bit more involved than anticipated. And had to extract myself from a limited partnership that was complicated as well.) I've been dropping in each day but, let's face it, there's little to say about Glu until earnings, which is about 3 weeks out. Isn't the blackout two weeks prior??? Of course, this is amusing since Glu rarely gives updates at all.

    I would have preferred Glu releasing earnings near the end of April. But there is no need to expect doom and gloom for it coming later. I don't see a reason to expect strong earnings. If they kept spending under control it shouldn't be bad. I agree Glu should get back to basic with games. I haven't been too happy about the celeb sector. Deer Hunter and Tap Baseball are relatively easy to produce and attract players. If de Masi announces more games like these along with his celeb agenda he'll still have my support. However, I will be very disappointed if the cc is solely celeb games. We can speculate about Tencent and WeFire and the like, but I think Star.trader has it right, "Show me the money." Others of you have said basically the same thing. Glu needs to have a steady income to attract investors. I remain optimistic with earnings and with the forward guidance. I don't anticipate the share price moving down. And it is likely to have some move up. I will admit, it has gotten difficult to "day trade" Glu. These lows don't motivate much swing. Bottom line, hang tight. Let's see what is learned on May 3.

    A side note, have any of you been watching ATVI? I still believe we will see very interesting things this summer. Glu may benefit directly or indirectly. EA, too, has been moving around in the shadows. I'm more focused on ATVI since its in the Tencent family.

  • point-taken@att.net point-taken Mar 31, 2016 11:49 AM Flag

    Truck it. Jumped off the fence and took a position. 100 @ $35.84. If I lose money I'll just blame Quantum.

  • point-taken@att.net point-taken Mar 31, 2016 11:33 AM Flag

    I think you mean "NVDA." I have yet to pull the trigger on shares. Still believe there will be a slight pullback. $33, $34 seems right for me. Of course, I may be wrong and the price keeps rising. Have a look at EMAN. Very cheap and is part of the VR/AR sector.

  • Reply to

    VR is now in full release

    by point-taken Mar 29, 2016 11:18 AM
    point-taken@att.net point-taken Mar 29, 2016 5:18 PM Flag

    Dave, don't you think there will be profit taking? Many of HIMX holders have been waiting a long time for this. And some may feel it can't continue up. I think $14 is doable. Some are saying more, $14 sounds right to me. Will have to watch this stock closely. Mistakes are now possible with trading.

  • Reply to

    VR is now in full release

    by point-taken Mar 29, 2016 11:18 AM
    point-taken@att.net point-taken Mar 29, 2016 5:15 PM Flag

    Yes, still holding HIMX. As I may have mentioned, these shares are my profit. I sold the principal a while back. Also, that same day I said I should have done more digging with PERI, I sold it and bought back CBR. Comes down to 6 of one, half dozen of the other. Still think it would be promising if Glu moved up its earnings report. Hope they do.

  • Reply to

    VR is now in full release

    by point-taken Mar 29, 2016 11:18 AM
    point-taken@att.net point-taken Mar 29, 2016 5:08 PM Flag

    Well first, if Glu does nothing they'll have zero advantage. It is a sector they can adapt to. As for games and gear; there are two levels. Pro line and casual. Pro games will require a gaming PC or game console. Headsets like Oculus and Sony will cater to the hardcore players. The casual level games will work with all gear particularly Google and Samsung which you snap a smartphone in the headset. These games will be more like Mario Brothers then Halo.

    There were many companies trying to capitalize on mobile gaming. Glu and its creativity moved to the top. It's my hope they'll succeed with VR as they did in mobile.

    Finding companies involved with VR is tough. There are the big boys like FB, Sony, Samsung, LTC. Some of us have tried to focus on the parts suppliers like HIMX and one I missed, NVDA. HIMX had a big pop today. I imagine some profit taking will bring the share price down.

    Bottom line, I would like to see Glu continue evolving and be more than a bit player. But you're right, VR is not an immediate solution.

  • Reply to

    VR is now in full release

    by point-taken Mar 29, 2016 11:18 AM
    point-taken@att.net point-taken Mar 29, 2016 12:07 PM Flag

    Well, Gregan, you could be right. It could be a coin toss. But, I disagree. I think VR will have an impact. Not game changing, but it will have value to Glu's bottom line. I recall Pincus (ZNGA) saying mobile games were just a fade and the real money was still with PC games. I believe VR content will well benefit all developers in that sector. The financial rewards may be a bit to the future, but establishing content provides a toehold in a rapidly developing market. And each game created provides knowledge for creating a better game next time. Time will tell. But I think both computer game makers and mobile game makers have an equal shot at making money.

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