Saturday, March 17, 2018

Glu missed big time on Q4 earnings. Taking a look at the Google Play store I see they've got two games at positions 160 and 223 in the "top grossing" listing of the store.

At first glance, I'm thinking this stocks going to dip somewhere around $3 in the near future.

It looks like they've got new leadership, with a ground up built development team, and a deal for a Disney licensed game in the works.

If this game takes off like their previous hits, GLUU should be in for a roughly 50% jump by the end of the year.

It does worry me that Disney has moved to licensing titles vs developing games, however.

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