Glu Mobile (GLUU)

[the big guy]

GLUU is like most hi tech companies... they boast about their ever-increasing revenues, but the costs are out of control. It is usually either R&D or SG&A that is out of control. As a result it is very difficult for them to be profitable.

GLUU is typical. Looking at the stiff competition, which could wipe them out at any time, I elected to sell half. It all rests on the quality of the games and the interest level in them. That is such a hard thing to judge...