Glu Mobile (GLUU)

[point-taken]

There are a couple of ways of looking at this. Glu has been floating in the mid to low $5's. Much the way it use to when stuck in the mid $3's. But, that's the thing. It hasn't gone back to the mid $3's, which was typical when it had a run up. And you have to wonder what the response would have been had they not bought Cie.

So, from here, there is a two week wait, and a six week wait. In the next two weeks shorts and options will be in play. We will see Glu bounce around. Into October the dust will settle and Glu will begin its move up. If Q3 goes as expected Glu will be around $7. (Some say more, but why push it. If it is, it is.) There is wonder and even excitement what the numbers will be. We just need to keep expectations under control. Too high and the stock drops.

Yes, it has been a long wait with Glu in the $5's. But the wait will have its reward.