Looks like Glu has created a game where the chef continues with his colorful insults. Glu and Ramsay have been working on this game for two years. (Talk about keeping it on the down low.) Anyway, worth a read.
Thanks Chart. I'll keep an eye on Orbcomm. Looks like earnings gave them a good bump. Should there be a pullback I might take a position. Currently a bit top heavy with tech in my portfolio. Have been trimming some positions. Interesting the fund managers that bought in back in mid February. Thanks for the lead.
Last Friday I sold half and took a 40% profit. I'm now sitting on just 1K shares. Was concerned some back tracking might come to HIMX and gave thought to selling. But, perhaps I'll just wait and see where things go. Thank Dave.
Bruce, do not engage this person. Best to put on ignore. If you click his name you will see his posts are childish.
Six, I'm about to sell my position in HIMX. I still have faith in the company. Just feel I should take profits and buyback on the dips. There's a good chance it will touch $11. Davejonas what are your thoughts?
There's a sad little company that looks like it might be on its final days, ALSO. (Infinity Augmented Reality, Inc.) Go to their website "infinityar" and click on video. It will show what augmented can do.
Six, just for clarity for others; Augmented Reality (AR) super imposes images into your environment. Wearing AR glasses you will see your office or room but also an image of, say, a 3D building design, or a stock board, or an alien hiding behind the sofa. AR is a combination of both real world and computer generated.
Virtual Reality (VR) is complete immersion. With the headset on you could be standing in your room, but seeing a battle field, or outer space. Think of the movie Total Recall. The idea was to go on vacation to Mars while laying comfortably on a reclined chair.
AR is still a ways off. But VR is here now and growing. Even McDonald's in Sweden is offering VR headsets. Your meal comes in a cardboard box. You refold the box and insert your smartphone and you have a VR headset. But, this headset is like Google's cardboard headset and that is already primitive. The reason I'm holding HIMX is because they are very much involved with supplying parts for the VR headgear. The reason VR is a good format for teaching pilots is because no matter where they turn their head they are inside a jet about to break the sound barrier.
Now, think about games with full immersion. Your fighting storm troopers. They are in front, behind, above and below. You are standing on the remains of the Death Star. Or, you are exploring a cave. You can hear water dripping far to the left. You move in that direction and the sound gets louder until you come upon a pool of water. Matter which way you look you are in a cave. How about KKH. You go out clubbing with Kim. Everywhere you look you see people dancing and talking. I'll grant you it would be the cartoon Kim. VR games will make TV games feel like Pong.
If there's a trade show or even a promo for VR headsets like at Best Buy, go. Get an understanding of the technology. VR future is here. Enough with the preaching.
Thanks Bruce. Recently I took a position in Exxon and Royal Dutch. The thinking, these companies can weather the decline in oil. I also feel oil is close to its bottom. With OPEC and Russia now talking about reducing I think it's a good hedge.
Bruce, I read some of your other posts. You have a background in oil. Former Shell worker. Any quick thoughts? You mentioned 2017 could be profitable. Is natural gas better than oil to invest in? How about home heating oil? Sorry for going off topic. Just like keeping an eye on other sectors. Thanks.
"...And the images seem so real."
What is cool, the game characters will rush right by you, or behind you. Turn around and there's Mario just chilling. It is difficult to articulate. But companies like Apple and Facebook see the value of VR and AR and are pushing ahead. Currently, there are very few games for VR. As it catches on there will be more. Plenty more. VR games wont drive Glu's stock in the near term. It will have an important part in the future.
(Boy, this is getting to be a long thread. We should start a new post. Sadly, I'm too lazy.)
If you wish to contact an old poster go back in your past postings. Find a post to that person and send another post. It wont display on current boards but they'll get a notice. Although the guy you're looking for did have knowledge I did not appreciate his bulling ways. His last post said ZNGA was a better investment, sorry, trading stock. I have been following "fritzy800" and others on Stocktwits. The beauty of Stocktwits is that you are limited to so many words. No rants.
I did buy shares in the low $2's at the end of January. Sold half around $3.50. Will sell the balance when it crosses over $4 and change. Would like to double.
Last year I was visiting a friend in Silicon Valley. He works for a leading tech company. He let me try a pair of VR goggles that were and still are in beta. Let me tell you, there is no greater experience. The ones I used are second generation. Think of the headsets coming out now like the first VHS players. The second generation deals with motion sickness, responds to hand movement, has blue tooth, has its own power supply, and is power conservative.
Now, what you can look at. For starters you can have any size TV screen in the headset with a fantastic picture. But, VR is meant to immerse. The air force will be teaching young pilots with VR because it is equal to sitting in the cockpit without the G force. We will know what it is like, truly like, to be in a sub in the deepest parts of the oceans. And then, the games. Wherever you look you are surrounded by the game. If playing Halo you will need to look behind you to watch or attacks. And the images seem so real.
Dave, I absolutely agree. Candy Crush Saga is a perfect example. It's a no brainer game that rewards you quickly and encourages the player to want to spend more. Extremely mindless but has a solid following. And all the Saga games are Candy Crush incognito. King may not be hitting for the fences but they have solid base hits every day. Glu needs to have its own mindless games. Like many, I'm concerned with the popularity of celeb games fading. And movie tie-ins have been a waste. Oh, I know. Price Is Right has a game called Winko or Blinko. You drop a disc from above and it randomly drifts down. It's based off of an Asian pinball machine, from long ago. No skill. Great entertainment. Solid base hit.
I don't think Tencent would buy ATVI. ATVI retails for $25 billion. Tencent only has $11 bil. It's more likely Tencent will buy a company in China that will enhance its over all strength. But, they will hopefully finish buying Glu shares as well as more of ATVI. Regardless, Tencent main purchase should motivate other companies to strengthen their positions. Trickle down to the game sector. Again, I believe June/July will be the beginning. Nothing huge, but Glu will have traction with WeFire and other games. Tencent will make its purchase. VR will be stronger, and one or two other unknowns. (Sure sounds like I'm using a crystal ball...just make sure you're wearing your socks.)
Thanks for the tip, blotech. I find Money Morning can be interesting with many of the articles they post. Their take on Glu in the future could happen, but so could other events. In ten years the mobile game market may become a completely different monster with all new players. Still, it was a nice comparison to NFLX. Can only hope Glu grows into a major company like NFLX. Let's first get to $7 or $8, then on to cyrussv's $15, and then on to unimagine numbers. Again, thanks. Good read.
Hey six, no crystal ball. More of a "hunch." The mobile gaming sector has gone unchecked as the revenues held little interest. Now that it is coming into its own larger players will want to solidify parts of it. This will include direct buyouts and/or partnering. Tencent is nearly done putting a huge chunk of change together. They are going to buy something (currently unknown) that will shake things up. I'm a nobody and I know the purchase is coming. That means major players already know and are planning their own strategy around it. I still believe Glu will not be bought. But strong partnerships will be tied to them. (And let me jump down this rabbit hole for a sec. If Glu were to be bought in the near future I believe the share price would not exceed $6.50, even with de Masi stating $12 would be required. King was sold @ $18 leaving investors who bought in the $20's holding the bag.) Anyway, I'm expecting better information with the earnings report the first week of May.
I read that article too, uca. Although there is nothing new stated in the piece it is slanted at Glu. It gives the impression Glu is being dependent on "bat cracking home run" games like KKH. That the Jenners are already losing favor. But Glu is not solely dependent on home runs. They'll keep trying for the fences but base hits are just as welcomed. Bottom line, all game companies know they have to continually engage the players or lose them. Tell me something I don't know. I will say, in the past Motley gives a "point/counter point" review to a company. I think we'll see something in the near future highlighting Glu's good parts.
Glu does enjoy revenues from advertisers. And the blocking of ads keeps evolving. An hourly TV show is now 42 minutes long. 18 minutes of ads are woven through the program. Many people use a DVR just to skip ads. And, of course, there is always product placement. And that is becoming more and more blatant. It wouldn't surprise me if games will have product placements on a regular bases.
Sometime ago I advocated for a monthly membership fee for Glu which would offer enhance gaming and be ad free. Perhaps there would still be purchases but some items would be included while others at a reduced price.
But you do bring up an interesting point, Bruce, how does Glu, and other companies, adjust to the technology that will encroach on their revenues.
Anyone have an opinion on this? Also wondering, if Tencent doesn't buyout ATVI will they increase their stake?
ATVI has been doing very nicely since the drop after the earnings report. I anticipate further upside in the near term. That's hope, anyway.
Sorry, going off topic. Six, couldn't find a good place to OT with you. Looks like you made a very smart move with ZNGA. Pincus is turning the CEO job over to a board member with 25 years experience. ZNGA is up in AH @ $2.31 (15 cents.) How sweet is that??!! And here I thought it would revisit the low $2's. Congrats.