Glu Mobile Stock Prediction: Lack of Hit Mobile Games Makes GLUU A Short Candidate

motek 1The 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

Glu Mobile Stock Prediction

Summary:
  • The Evergreen Strategy of reducing costs is not helping Glu Mobile at all.
  • What Glu Mobile needs is a new hit mobile game.
  • The $45.5 million acquisition of Crowdstar, Inc. is not going to help much in improving Glu’s poor performance in mobile games monetization.
  • Unless Glu Mobile comes up with a hit mobile game this year, I predict the stock could dip to below $2 price levels.
  • Algorithmic forecasts are also very negative for GLUU. It could be profitable to short this stock now.

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GLU Mobile Stock Analysis: Glu Mobile Should Expand Into Real Money Online Gambling In The U.S.

motek 1The 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

GLU Mobile Stock Analysis: Summary

  • Kim Kardashian’s game has lost its appeal and formerly strong revenue sales.
  • It’s high time that Glu Mobile expands its portfolio to include online gambling in the U.S.
  • Amaya managed to persuade New Jersey official to allow PokerStars and Full Tilt to operate legal real money online poker again in the U.S.
  • There is more money to be made in real-money online gambling than selling virtual goods on freemium mobile games.
 

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