The bid at 3.65 and the ask at 3.66.
These weasels drop the price to 3.64 right at bell.
They have done this all week.
2 cents, no big deal....but quit #$%$ with the close!
Many investors appear to be quite bearish Glu Mobile Inc. (GLUU) especially if you look at the percentage of the float that is sold short for this stock. Currently, 20.1% of the float is sold short, suggesting an extreme level of bearishness for GLUU.
However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank #2 (Buy) on GLUU, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of GLUU to move higher in the weeks ahead.
My thoughts......it basically stays right around this level, give or take .15 cents!
Then we wait if new games, etc have what it takes to move us into the higher $4's low 5's.
Yes. forgot to footnote that.
This is a very positive sign for DH. Moving UP in daily revenue after 1 month. Its not fading!
From $217,000 recently to $258,138 daily on ThinkGaming.
DAILY REVENUE ESTIMATE
DAILY INSTALLS ESTIMATE
ERIC BALL JOINS GLU MOBILE BOARD OF DIRECTORS AND AUDIT COMMITTEE
San Francisco, Calif. - Oct. 10, 2013 - Glu Mobile Inc. GLUU +0.59% , a leading global developer and publisher of freemium games for smartphone and tablet devices, today announced that Eric Ball has joined the company's Board of Directors and Audit Committee. Ball is a Senior Vice President of Finance for Oracle and brings to Glu strong public company experience in managing worldwide treasury operations, capital markets activity, investment portfolio, foreign exchange, stock services, and risk management.
"Eric has a proven history as a public company executive. I expect that his experience will add significant value to Glu's Board of Directors and look forward to his contributions to the Audit Committee," said Niccolo de Masi, Glu CEO.
"Glu continues to deliver leading gaming experiences on mobile. I look forward to working with Glu's Board and senior management team to support company goals and enhance stockholder value," said Ball.
Mr. Ball serves on several boards in addition to Glu Mobile, including: Oracle Japan (a public company listed on the Tokyo Stock Exchange) and the Richard M. Lucas Medical Foundation. He is a board advisor to BraveNewTalent, and has been an advisor to Theranos. Prior to joining Oracle, Eric worked in a variety of headquarters and operating finance roles at Flextronics, Cisco Systems, Avery Dennison, and AT&T.
Ball was named by Treasury & Risk Management magazine in November 2003 as one of the "Top 40 Under 40" in Finance, and in June 2011 as one of the "100 Most Influential People in Finance." Ball is a Kauffman Fellow, having completed a two-year program dedicated to innovation investing.