Thanks for all the info guys. You tube : gamesbeat 2015 the celebrity strategy part TWO. Would really like to hear your guys opinion on a thought I have. I think Taylor swift will be announced as the next celebrity on the earnings call. 2 reasons why I think this: 1) a couple months back Niccolo retweeted a TS post of her concert. I know that's not much to go on but he is ver business focused on Twitter account. 2) in the games beat interview, look how relaxed and confident his body language got , especially when they started talking about the 1 billion social followers. He's wording is very carful to say how there social following has increased from X to X as of the last earnings call. So I definitely think they have at least 1 more celebrity signed. On a side note of the interview, I did like the fact that he said he gets emails about making games with people with 5,10, and 30 million followers that they turn down DAILY
Completely agree Jeffrey - I also think for many players they need to get hooked/addicted to the game before the money starts flowing more. If you ask them to pay right from the get-go you don't get that natural progression from casual to hardcore. I had a friend that got completely addicted to this game on Facebook called Knighthood and it's only after he had played it free for several months that he started spending on all kinds of things, not necessarily energy or anything like that, more like accessory type of buys. Like in World of Warcraft where you have a core component but then you can buy all kinds of special virtual items in the game that are cool and that let you express your unique identity in the game or your attachment to the game. Or like side events in Deer Hunter 2014 that required you to pay for special guns and unlocked cool areas yet the core play allowed you to grind through those areas. Let's hope Glu is listening to their users (the on es that would pay) and let's hope they get better technically so their games have less bugs (new CTO could maybe help with that)
Hi, Going back to what Thomas has posted about the SEC busting Harvest Capital, can someone help me understand what is the rationale behind this rule? Seems like this could happen to anybody. Say I sell short DORM today at 50$, then the stock doesn't do too good and drifts down to 35$. I'm a happy short, and I still hold, thinking it will go down more. Few days later is my lucky day, and DORM makes a secondary offering at 30$ to raise capital. Why can't I just cover my short at 30$ and tap myself in the back for the great call?
seems simple, because it's not fair - the secondary is not open to the general public and they don't know about it either until it is announced. The Harvest Capital situation doesn't really make me feel any different with GLUU, it's not a large scale cheat, they just made 18,000 off it - it would be good to know though in future if there are more incidents of manipulation or insider trading that would suggest a pattern. Tons of stocks are manipulated, its good to see SEC acting on some blatant examples although stiffer penalties like punishing individuals would be great to see (monetary or even jail time) rather than just a fine on the firm and a warning not to do it again.
oh so does this mean that Harvest Capital was aware that a secondary offering was coming, and at what price?
My understanding is that Harvest Capital shorted a total 1,450,000 shares in May 2014 at average price of around 3.876. In addition to it being illegal to short a stock and then cover by participating in the secondary of that stock, it does seems plausible they had knowledge about the secondary being underway in which case they would have profited a lot more that 18,000. Im not knowledgeable about these shady tricks going on behind the scenes, but it does seem to partly explain why some securities like GLUU are so volatile.
Want to get back to my "Glu betraying Freemium comments": - Glu updated Sniper-X: Jason Statham to go back to the $500-$600 per training session reward system. They had for a few weeks tried out a $50-$60 per session system that was quite stingy. Many Google Play reviews of the game complaining of the change. Now that is fixed. Statham is a strong game and should do very well. - Freemium and the USA: Many people telling me that I was crazy and you can grind your way through Glu games and earn enough gold to not have to pay. They are mostly right. I live in Asia and only have the chance to watch 1-2 ads per play session. I changed my VPN to the USA and suddenly I have 15-20 ads per play session for DH16/Sniper-X. Dramatic difference in how many ads USA players have access to vs the rest of the world. Katy Pop Beta is out for Android devices as a preliminary beta in limited areas: Brazil (in Portuguese) and New Zealand confirmed. Players seem to enjoy the game and the format is very close to Kim Kardashian Hollywood which is still monet izing in the top 20 fifteen full months since release. Celebrity uncertainty hurt the stock at Q2 earnings, so now that it looks like Katy is a Q4 release, the stock should rebound nicely from this level.
Thanks for the research Jeffrey, good info Alex, regarding Taylor Swift I've heard many speculate the same. I'm not too sure though, Glu already has 3 female musicians lined up. And Taylor Swift is like the enemy of his other stars, with publicized spats with Katy Perry, Nicki Minaj and until recently, Kanye West. Who knows I guess.
Remi, I agree with you that the relation between Taylor Swift and the actual Glu stars lineup is not that good. But I agree with Alex that DM really seems to want Taylor Swift in his lineup. I have not listened to the gamebeat conference directly, but from and article on Venturebeat (link) : http://venturebeat.com/2015/10/12/glu-mobile-ceo-explains-why-celebrities-are-better-for-mobile-than-film-brands/ I notice the following quote that appear at the end of this article: "As for a celebrity that De Masi hasn’t signed that he wants, he mentioned stars like Taylor Swift and Vine Diesel. He wants partners that want to build a game appropriate with their brand and that have large social followings. It’s not about just signing the biggest celebrities." We will probably know more on november 5!
Hi Mathieu, I actually watched the interview after it happened - the article you link I think was a bit too liberal with its paraphrasing. He may have name dropped 4 or 5 names but he was just listing celebrities with more than 100 million social followers which is his new cutoff for now. You're right, we need to wait and see.
gluu is up 10% today and more in after hrs. what happened that I am missing?
I believe Tap Sports Baseball 2016 hitting between #1 and #2 free iphone downloads, over the past couple of days is the reason. Already over 1.5 million daily active users and 260K new installs. Good margins on that game too.
okay according to today update from Mark on his pipeline newsletter GLUU is not longer in his portfolio. Longs Company Position I'd Buy Today? RDCM RADCOM 7% Yes MATR MATTERSIGHT 7% Yes ITMSF INTERMAP 5% Yes QADA QAD 5% Yes JAKK JAKK'S PACIFIC 5% Yes MLNX MELLANOX 1% Yes HIVE AEROHIVE 1% No PRO PROS HOLDINGS 1% Yes
maybe he's holding a 0.8% position
No , please check all of his holdings , Yellow are all closed positions and he sold GLUU early this yr. https://docs.google.com/spreadsheets/d/1L5y4tE6oGVNgW2a1gh8kqMjEh5QX9k9x5EooujeKSRc/edit#gid=0
GLUU: GOMES core holding, touted for 2.5 years a DUD! ... ( when we could/should have gotten out at 7+, MG touts a 10 target! (silly us / me) ... MG is by FAR the most deceptive of the lot, he was "the voice" .... "through thick and thin" ... a mantra that now resonates like a tin can being kicked down a grubby alley ..... what a joke this has been - Karma has its ways.
I distinctly remember when Gomes was touting GLUU as the only stock he could find - among a universe of thousands - that was worthy of a core position in this market. Remember when everyone was begging him for more core picks so we could invest a higher percentage of our portfolios (instead of wasting time with his silly 1% spec picks). And he said no; GLUU was the best of the best! So we just had to wait until he could find another great core pick. What a joke. You could have thrown a random dart and likely land on a stock symbol that easily outperformed GLUU over the last two and a half years. And by the why, since Gomes fancies himself a mini Warren Buffet, why was he constantly trading in and out of his core pick based on trend lines in the chart? Warren Buffet holds his core picks for decades and doesn't even look at a chart. The answer is obvious. Gomes is a charlatan. Plain and simple.
I have followed him on the pipelinedata feed he now has and never saw the notes about getting out of glue. Is Tencent still holding their position?
I dont know how can we make non-PTT folks aware that this guy is a snake oil salesman, he is fooling people on Seeking Alpha and if you write a comment on his analysis or blog criticizing him he would delete it. GLUU was his best pick and he slowly positioned out of that stock while still pumping ... he is a con artist.
A con artist is right, "through thick and thin" ...