Warning Infinity Augmented Reality Inc. Optimists! Is Your Research Better Than Of Platinum Partners Value Arbitrage Fund
Platinum Partners Increased Position In Infinity Augmented Reality. Platinum now has a 45% stake. This with Japan investing $5 mil. I guess all we can do is continue to wait. But at least there is still life in ALSO.
Well, with the lack of any news I thought this was better than nothing. The last news release on ALSO's site was April 4, 2015. Not even a comment about the trade show.
I can't recall, but didn't de Masi say back in January they were going to release some 13 games this year? That would be 6 or 7 more to be released this quarter and next, including Katy Perry and the Jenners.
Glu announced Q2 and CC will be August 4.
I agree. Glu is now a buying opportunity for both investors and traders. Just picked up shares @ $4.66. Will sell half on a rise and hold the balance.
Sentiment: Strong Buy
Hey sixman, haven't been posting so much lately. There's a lot of smack talk and little in the way of strategies and info. Sold off CYBR. Made some, lost some. Not certain which way the market will go. Greece has been a problem. Now China is causing headaches. And once Iran starts selling oil it will drop to the low $30's per barrel. Banks wont like lending to the oil companies. Still like robots and drones as a gamble.
Sentiment: Strong Buy
I think this sell off is an unwarranted over reaction. Glu produced +1 cent per share when analysts were calling for - 4 cents. The guidance was lowered because two games were moved to Q4 for release. That means those profits will be realized in Q4 instead of Q3. But they will be realized. Glu established the success of celeb games and remains at the head of the pack, way ahead. Glu is being guided to a successful future under the leadership of de Masi. It makes sense to spread out the release of celeb games instead of piling them on top of each other. Having the share price below $5 wont last long. As it has been said, traders and investors see the value of the stock at this price and will, and are, buying.
Maybe you're right. But I keep thinking that quarter after quarter Glu has turned in good numbers. They did this quarter as well. But, the fact is, for whatever reason there's been a big sell off. I see this as a quick opportunity. Buy 10K shares at $4.50, see a 1 dollar bump up and sell. After all, this stock will cross over $5 again. I might be wrong but I think I'll see that dollar before the end of September, if not sooner.
Seems just as likely, if not more so, it will be going back to $5 and then higher. But, this is Glu. It has a rep of two steps forward, one step back.
There is money to be made finessing Glu. I have shares I bought and am holding. And shares recently bought for a quick profit. I understand why de Masi is slowing the release of games. In the long run it's a smart move. But, it means 2016 now becomes Glu's year. I've got the time.
Bought back in to CYBR Friday @ $59. May be a short move.
Good guess, cowboy. Good question, too. I know Glu did well with their presentations at both conferences, but I don't think that would be the catalyst. It's gotten some good press as a stock with a lot of upside. And I concur with this. So, it just might be buyers coming back.
Thanks zambazzar. It does add clarity to Glu and their thinking. No sense releasing KP if it's not spot on perfect. Expectation are running high. Non the less, Glu's current games continue to make money, as well as the new additions. Glu is is in a far better place than King and Zynga. The stock price will rise.
Like many of you I had certain expectations of Glu in 2015. It was a given Q2 would be uninspiring. The main focus has been Q3 and Q4. Two factors we were not expecting: The delay of game releases, and the recent selloff of the market. It is understandable why de Masi chose the delays. In the long run Glu will benefit from this. But, we were counting on a full release to drive up sales and strength the bottom line in the short period. So, we witnessed a drop in share price as many seeking quick profits left.
But, it is my opinion de Masi and crew know what they are doing. As I've said before, they've figured it out, this mobile game business. Glu is more stable creating successful games than Zynga or King. I believe de Masi has a solid long term plan for Glu.
Q3 ends September 31. Earnings will be reported on the first week of November. It is hoped KP drops prior to earnings or at earnings. And like KKH, it will generate buyers anticipating future revenues. I've bought more shares of Glu at this recent drop for a quick profit. As Star.trader has stated, Glu will bounce as it always has. I think a 40% to 50% profit can be made from here. I will be happy to sell these shares to those scrambling to buy when Katy is released.
And, as before, the general analyst opinion has Glu with an $8.50 price target. I'm inclined to agree. So consider picking up a few more shares. Profits are just ahead and management is standing true.
You may be right. What is discouraging is not the stock price, but the lack of communication from ALSO. I mean, *Nothing.* The last we heard they got $5 mil in April. But what has happened in Japan since then. Like you I realize this is a bad investment but can only ride it out with the hope something good will come out of left field.
Yeah, sure, okay, So here's the thing. You're part of the problem. I get you only bash the bashers, But, by doing so you are facilitating more bad behavior. I use to be like you but gave it up. It's pointless. I have to believe most of us have these wannabe trouble makers on ignore. This dude420 rarely, if ever, gets any red thumbs. That's because "we don't care." We're not reading his posts. Yahoo will not do anything about this anyway.
So I suggest to you and anyone else reading this, don't engage. If you don't like what someone posts, ignore it. Don't respond. Don't give red thumbs. Don't do anything, no matter how badly a basher slams you. Just respond to the posts that have value to you.
I plan on making money with Glu. To do this I stick with those who provide thought out opinions or ask the right questions.
Not_niceguy, I like you. Some of your posts can make me smile or laugh. But you're boarding on being put on ignore. Don't engage.