Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. RedLeg

    RedLeg Senior member

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    I don't have a lot of confidence in their management, which is why they are not a long term hold IMO. I do think their mobile platform is much stronger than ZNGA though.

    They are down 20% right now. IMO the market is overreacting.
     
  2. javyn

    javyn Senior member

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    Why little confidence? Aside from the gripes I just posted, I think overall they are doing great. Pinchus realized the growth was going to be in mobile, when...yesterday? de Masi has maneuvered and positioned 2 years ago getting ready for a mobile gaming explosion. And as Microsoft's platform comes online, and Android continues to chip away at iOS, keeping gamers connected to each other across varying platforms is going to mean significant barriers to entry very soon.

    Not to mention, Apple TV, etc etc etc, future looks great for Glu. JMHO.

    And, after reading Pinchus' strategy is based soley on acquisitions....yikes is all I gotta say there.

    edit: I don't agree w/ the assessment that Glu is stealing marketshare from Zynga though. Zynga is just too casual for there to be much overlap there IMO. It's Nintendo that Gluu is bleeding right now.
     
    Last edited: Jul 26, 2012
  3. javyn

    javyn Senior member

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    MRN trading halted!!! GLTA
     
  4. javyn

    javyn Senior member

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    GOD DAMN IT GLUU IS HALTED TOO!!!! THIS MEANS BUYOUT AND I SOLD THIS MORNING FUCK FUCK FUCK FUCK!!!!!

    edit: just raised guidance, whew! Blowout earnings still going to miss a nice run, but hell, at least it wasn't a buyout on the day I sold haha
     
    Last edited: Jul 26, 2012
  5. Dbear

    Dbear Senior member

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    hm, was it a coincidence, or to stop the bleeding?

    seems like we'll see the stock reverse?
     
  6. otc

    otc Senior member

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    yeah...maybe throwing extra money at netflix was a bad idea...

    They've got so much potential though...hope they can manage to figure it all out. I'd hate to see the content producers take back over in this arena (although netflix is trying to produce some content of their own).
     
  7. Dbear

    Dbear Senior member

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    wow talk about a turn around
     
  8. javyn

    javyn Senior member

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    So much for me buying GLUU back in the 4s next week. Damn, had this sucker over a year and the day I sell to put into AMRN is the day they halt trading to announce a blowout. *sigh

    Still waiting on AMRN news...
     
  9. Dbear

    Dbear Senior member

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    This is all too cray for me. I'm on the sidelines, and I can't even stomach it
     
    Last edited: Jul 26, 2012
  10. SkinnyGoomba

    SkinnyGoomba Senior member

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    I like the service, but the company is a bit odd in how it's dealt with certain issues. Aside from that most investors aren't keen on jumping back into something that has gone form $300 to $50 in 1 year. Sort of like BAC, the company is a lot healthier then it was in 2009, but the stock isn't showing that intact it drops off when anything even remotely negative happens.
     
  11. javyn

    javyn Senior member

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    I *LOVE* the service, but man does the market hate the stock heh
     
  12. djblisk

    djblisk Senior member

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    I don't understand Halting.

    where do you guys find all these news so quickly?
     
  13. javyn

    javyn Senior member

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    Halted pending material news....the news was FDA approval. But...the halt hasn't been lifted yet, so pay not attention to the BS Yahoo AH prices...I have no idea where that's coming from.

    Strange there's not official PR from Amarin though...,and strange trading is still halted so long after the announcement.... I'm (wishful) thinking maybe the delay is because we got our NCE and/or buyout too? Only time will tell. I got notification from Stocktwits...signed up just to follow AMRN today

    Heh, out of left field....GLUU was halted right after AMRN. My heart sank since I just sold GLUU to pile into AMRN...thinking GLUU was about to announce a buyout. Lucky for me they just announced moving the earnings call from Aug 7 to Aug 2, and announced blowout earnings this quarter. Wasn't enough to close above 5 dollars though still. Good, I want to buy back in in the fours next week.

    Question for AMRN now is...how will the market react? Pop? Or feh?

    PS: Key in AMRN and hit search:

    http://www.nasdaqtrader.com/Trader.aspx?id=TradingHaltSearch

    Still no word on when the halt will be lifted, wow....


    edit: Official PR

    http://investor.amarincorp.com/releasedetail.cfm?ReleaseID=696027

    Pay close attention to para 2....great job guys. Was a gut-wrenching year for me since I bought AMRN at around these levels last summer, culminated into the must gut-wrenching day today waiting for the news.

    NCE status should be announced on 8/10, if not bought out by then.
     
    Last edited: Jul 26, 2012
  14. djblisk

    djblisk Senior member

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    Thanks Javyn,

    That was awesome.
     
  15. RedLeg

    RedLeg Senior member

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    I'm officially a GLUU fan. Made me a nice 12% in 1 day.
     

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