don't pay attention to oilman. He got out at 4.50 and bought that money loser ZNGA. So he is wrong twice. He says it' only a trade, but GLUU is a much different company now with many many games so in my opinion it's outdated thinking. Can you trade it? sure. But in between you may miss out on some huge gains, even though it's not moving much, GLUU can take off very quickly. You can day trade it with other stocks, but if you buy something else, who says you'll make money on that? GLUU is a great play here and I know you think the same. I'm relaxing with quite a few shares and I don't need to worry every day like the traders.
The funny thing is is all the points he says you have to worry about with GLUU, also applies to ZNGA! Except GLUU makes money, has GROWING revenue and always guides low.
mobile gaming is a growing business, it's a great sector to buy now. It doesn't get the respect it deserves but it will and multiples will start to go up. Combine that with GLUUs growth and profitability and you got yourself a multi-bagger IMO.
Remember GLUU always guides low and admitted that guidance is based on no hits. Therefore any hit or somewhat of a hit and guidance will be raised. Heck, KKH is still doing well and they will probably beat this quarters guidance with zero help from Blood and Glory. B and G's revenues are just icing on the cake.
looks like the consolidation is ongoing. I'm guessing a lot of people are waiting for a pullback, not sure they are going to get it, but I'm holding for double digits.
this is their twitter link, not sure if it'll work, if not cut and paste. Scroll down to where it says check out the trailer for Blood and glory and click on the link. It's very short but the graphics are impressive
Demasi said there's a chance another celeb game could come out by the end of the year, but he did not promise it.
If it's a sports celebrity I don't see it competing with Katy Perry.
yes but if it does release in late March it'll just mean next quarter they will have to raise guidance or they will clobber it big time.
It's all good
could be YHOO, FB or private equity too. Maybe even a large Chinese company like Tencent. I know Demasi said he would like to see the North American companies get larger but if the chinese show the money, it may be hard to say no.
Yahoo could use GLU's games and celebrity tie-ins to get views on their web pages and ad money.
Personally I think it'll be ATVI or private equity. These guys with deep pockets could advertise the Katy Perry game and others and bring in extra $$$
Can't see KING doing it, they don't have the money.
Whining? I'm up HUUUUGGGEEE on GLUUUUU. I'm a patient guy, I see ten bucks easy on this.
Don't understand why people are selling here but hey it can't go up every day.
Have a great day!!
wow, great job shorts, best day in a month
Not sure if anyone saw the big blocks on the bid late in the day. Some people are still interested in GLUU
Why sell in the 2nd inning of a 9 inning game?
If you want in the mobile gaming space, GLUU is where to be.
ZNGA can't make money
KING has lockup expiration and little growth.
GLUU has growth, a ton of games and dominates the celebrity and action gaming space.