Glu Stock Forecast: Weak Games Portfolio Makes Glu Games 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 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.
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