Glu Stock Forecast: Weak Games Portfolio Makes Glu Games a Short Candidate
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.
Glu Stock Forecast
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.