Glu Mobile (GLUU)

[Swietman]

I agree on this being frustrating.

This stock is very sensitive on news. Any positive news will move this stock.

What we need is the management to step in and make a purchase or throw something at us that we can remain positive.


I feel they are waiting for this stock to move lower before they step in.

Why step in now when they can step in at 2.00 and jump start it there.

Thats my opinion. I've been fighting the theory of 2.00 but I'm starting to let my emotions not effect my decisions now.

History will repeat itself and as frustrating as it may be, this stock in reality is being set up for a spike. The only problem is that it is simply 2 qtrs away when they report 1st qtr results which is what they are setting up to be a winner and start the new year strong.

For now- unfortunately - it will gradually lose around 5 cents a day until it falls to that 2.00 level

That is reality IMO and I've started to accept it