If the company can remain on good terms with locals and it appears they are doing that now, then this is a strong buy at these levels. Very cheap gold mine, what more can you ask for?
they have the tencent investment which is very good for GLUU. On the downside, none of their recent games have done well. Even tap sports baseball was last years game, just slightly updated.
GLUU needs to realize that simple shooters don't make money anymore and slightly improving games is not going to cut it. They do have quite a few games coming though and they need a hit for this to move up meaningfully.
I feel KKH is due for a fall next qtr, the recent update was very popular and this quarter will definitely beat, but it's starting to fall now and now that they've done the baby update I wonder if they are running out of big ideas. I wouldn't be surprised if KKH falls to 10-12 million next quarter which means their new games will have to do well because analysts are expecting a pretty big improvement next quarter. I'm a little worried about guidance
join "stocktwits" if you want to post on marketpulse
the conversations on GLUU are on marketpulse.
love the apple watch integration. Good for notifications (more playing, more money) also good for relationship with apple.
He didn't say sell, he said he prefers GameStop, big difference. He did say he didn't like gluu when it was under 4 dollars though.
feel free to short or continue your short.
BTW it looks like KKH will be adding a baby to the game. A lot of people were requesting this. Could be a money maker.
young girls and women who are spoiled or want to be will like this game, believe me there are lots of them.
I don't think anyone expects the sisters to have the revenue katy perry does. I'm confident the sisters game will make money though.