My opinionated guess is the drop is the MM'S doing to get shares at a bargain and sell high after earnings are reported. Their is not an ounce of negative news to lower the ppsh this drasticallly? Funny how the MM'S consistently report millions earned in equities.
Anticipation of huge growth in china will be approaching, plus millions of shorts should be buying in daily, $$$$$$$$$$$$$$$$, and if that was not enough katy this fall $$$$$$$$$ . yes yes and yes. Buy buy buy . almost two hundred million to work with could be more new releases soon on the way. Exciting time for longs all above in my own opinion.
Sentiment: Strong Buy
It is the day we find out why Ten Cent invested Millions in Gluu. I can hardly wait for the fun and think the anticipation has started so maybe you should buy lots of shares of GLUU because they did not spend MILLIONS FOR NOTHING all in my opinion.
Are you over leveraged or did you fall for the consolidation trap? Yes there are lots of tomorrows but in my opinion their is numerous reasons Gluu has results coming soon that will push out shorts.
What you have to ask yourself is why did Ten Cent get in and timing of the release of tomorrows information that makes it clear?
Millions were released to Gluu and that dramatically alters the possibilities of production releases being earlier and new talent being acquired or buy out is a real possibility or this fall Katy will arrive all of which allures new investors but I am just dreaming or are you the real one dreaming? All above in my opinion
The biggies want all your shares at these Super Low ppsh and are accumulating with MM'S help keeping the ppsh so low all in my honest opinion.
You are powerless to change the greed of the MM and have to wait until they have their zillions of shares from weak hands before they rip it up again when the latest and greatest event happens. If you know the MM patterns of greed and take advantage like the shorts piling on after large move because they know the MM will accumulate at longs expense. Longs have to buy just before earnings or before the news to win and that is the way this game of corruption works all in my honest opinion
Everyone wants in Gluu, Ten Cents has to buy more and shorts have to buy in so currently you have a temporary glitch as well as MM who want shares because anyone with a pea sized brain can understand that China exposure and Katy Perry will be a massive game changer going forward but the CEO is driven to continue charging forward which makes this stock a fifty dollar stock in the future for fifty cent and GLUU.
KATY PERRY never fails always has great productions coming this fall. Ten Cent shares left they have to buy will be done soon as they are smart enough to know which way the PPSH is going to go and is why they are in for the long haul and will have a board member on GLUU board. Gaming is and will be the draw as advertisers loving the platform to advertise. All in my honest opinion.
the upgrade to the Nasdaq and good numbers puls facil8ty in ROMANIA I believe plus cost saving pollution inverntion WOW. I would feel comfortable recommending this stock to anyone right now. All in my opinion.