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Glu Mobile, Inc. Message Board

wallygator1969 3 posts  |  Last Activity: Aug 17, 2014 6:20 AM Member since: Oct 19, 2000
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    by gam_65 Aug 17, 2014 1:39 AM
    wallygator1969 wallygator1969 Aug 17, 2014 6:20 AM Flag

    Are you really that much of a moron or did you get paid for this post? Why don't you go back and pump your loser SILC stock, which is really fading!

  • wallygator1969 wallygator1969 Aug 8, 2014 6:39 AM Flag

    You are forgetting about the 30% it has to pay to Apple and the 20% royalty to KK. You have to take 50% off the top of your inflated numbers...

  • wallygator1969 by wallygator1969 Aug 3, 2014 8:03 AM Flag

    I thoroughly reviewed the last several conference calls and here is what I found:
    Licensing revenue is killing them. For almost a year, licensing revenue has continued to decline quarter after quarter. For the upcoming quarter, they didn't even guide for any. This is a huge red flag. When the CEO was asked about it, all he keeps talking about is the "opportunity and the high interest in their technology."

    The CEO just keeps talking about the size of the market and the opportunities for HD video. No kidding there is a huge market. just get some design wins please!!

    If it weren't for the projection business, this company would be sinking. This accounted for over 70% of their revenue for the quarter!

    Bottom line - until a few design wins with Iris, this company is in trouble. The decision for an investor is to gamble and wait for a win or not. If you are not in the stock and they announce a win, the stock will shoot up $5 and you will miss it. With such a low float, this is a volatile stock with big swings. Personally, I am long and I believe they will eventually get a few wins. On another note, the CEO is a horrible speaker and he needs help preparing for the next call. Hopefully, the presentation on August 5th is not the same old "opportunity" speech. Stay tuned.....


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