Glu Mobile (GLUU)

[PokerVertigo]

The stock should bounce back hard from these levels. It truly is ridiculous the market expects this stock to touch its previous low last year of $1.80.

The factors prevailing the stock then were a net loss of $(0.12) to $(0.14) per basic share (EPS)

Now the factors are: "The company provided EPS guidance of ($0.08)-(0.06) for the period." But basically they're anticipating the company posting a net loss of 0.06 for the fiscal year... They posted a loss of 3 cents for the period.

Even if we take the ratio of 0.06,0.08 Proportional to 0.12,0.14 ... We are well above the $1.80 mark. More like $2.40. Why are we headed down to lows of $2?