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GLUU Stock Predictions: Publishing Tencent’s ‘Honor Of Kings’ Could Notably Boost Glu Mobile’s Revenue

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

I Know First has bullish algorithmic forecasts for GLUU. Monthly technical indicators and moving averages are also endorsing a buy for GLUU.
I am not yet going to go long GLUU. However, I know why it’s getting positive endorsement from I Know First’s deep neural network.
Tencent’s upcoming U.S. release of its hit Chinese mobile MOBA game could lead to Glu Mobile being the publisher for it for North America and Latin America
Tencent has chosen Netmarble as the publisher of the Korean version, Penta Storm, of Honor of Kings in South Korea.
Garena (partly-owned by Tencent) is likely to become the publisher for South East Asian countries. Glu Mobile is also partly-owned by Tencent.

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The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

ThinkGaming’s data revealed that Glu Games has no mobile game among the top 50 top-grossing iPhone games in America.
A mobile games publisher that has no title that attracts big spending American iPhone gamer is in big trouble.
Glu Games’ celebrity-themed mobile games are not enough to help the company improve its growth potential.
Unless Glu Games starts creating games in the top-grossing strategy and social casino genres, it will die a painful death.
GLUU has very strong sell signals based on the near and long term algorithmic forecasts from I Know First.