The article was written by Motek Moyen ResearchSeeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
GLUU stock forecast: Avoid Glu Mobile
Summary:
The Q1 2018 earnings report said Glu Mobile made $81.4 million in revenue, up 43.3% year-over-year.
Unfortunately, I Know First, which has a good history of predicting the one year stock movement of Glu Mobile is still bearish on this company.
This is likely because Glu Mobile again posted a net quarterly loss. This is a big turn-off. Glu Mobile had a big surge in revenue and yet it remains unprofitable.
It is also depressing that Glu Mobile continues to suffer declining number of daily and monthly active users.
Further, Glu Mobile obviously can’t come up with original games anymore. It has lost its mojo. A stagnant-minded management is a turn-off to investors.
“North America’s unconventional onshore oil and gas industry remains very active, and a growing number of operators and service companies are turning to these systems to enhance well-completion efficiencies, improve reliability and drive down operating costs.” – Kevin Longe, president and CEO
Over the 3 days period starting from April 26, 2018, DMC’s stock price experienced steep price rise of more than 25%. Taking into account the overall BOOM stock performance of +200% over the trailing year , it is reasonable to suggest that this is the result of the company’s
“We are extremely pleased to form this multi-year joint exploration and development program that will allow us to continue unlocking the value of our significant drilling opportunities while drastically reducing our capital expenditures.” – Mr. Tracy Krohn, W&T Offshore Chairman and Chief Executive Officer
Over the 3 days period starting from April 15, 2018, W&T Offshore’s stock price experienced steep price rise of more than 18%. Taking into account the overall WTI stock performance of +68.88% since the fiscal year start (WTI’s fiscal year end is December
The article was written by Motek Moyen ResearchSeeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
FB Stock Prediction
Summary:
Yes, the growth story of Facebook is going to slow down. Politics and privacy issues weakened the momentum of its advertising business model.
All these noise will eventually quiet down and Facebook will again be making tons of money from hyper-targeted ads to its 2 billion users.
Facebook making lip service that its restricting third-party access to its users’ data is temporary apology. That’s just to appease politicians and government authorities.
Facebook already has a massive database of its 2 billion users. It’s enough fuel to sustain Facebook’s annual advertising revenue.
I therefore rate FB as a hold. This rating is contrary to the pessimistic algorithmic forecasts for FB.
The article was written by Motek Moyen ResearchSeeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
AMZN Stock Forecast
Summary:
In spite of Trump’s attack against Amazon, I am endorsing the company as a good long-term investment.
Amazon Web Services is the undisputed leader in cloud computing infrastructure services. It has a good chance to win the $10 billion contract from the U.S. Defense Department.
The 100 million-strong Amazon Prime subscribers’ army also makes Amazon’s leadership in e-commerce invidious and indomitable.
Amazon doesn’t need Flipkart. It already has a strong presence in India. The new international shopping feature of the Amazon mobile app is also a global tailwind for Amazon.
AMZN has bullish 90-day and one-year algorithmic market trend forecast from I Know First.
“This past year was truly transformational for Nektar as we achieved a number of successes with Nektar medicines across our three key therapeutic areas of immuno-oncology, immunology and pain”
– Howard W. Robin, President and Chief Executive Officer of Nektar Therapeutics
(Image Source: Nektar)
Over the past year Nektar Therapeutic’s stock price steadily grew from $21.60 to $104.51 per share, outperforming the market by more than 365%. So what is the driver behind that growth and what happened during 2017 financial year? The reason lies in the company’s results
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