Thursday, December 19, 2013

Unexpected Curves From Glu Mobile Won't Impress the Market


Following another quarter of disappointing game releases, the mobile gaming developer Glu Mobile (NASDAQ: GLUU  ) has again thrown investors more curves. This time the news items were actually pleasantly surprising, including the announcement of plans to develop a game based on curvy Kim Kardashian, and the ultimate surprise of releasing a game developed for Google (NASDAQ: GOOG  ) Glass.

Both developments are particularly intriguing considering the previous delay of games considered important for the fourth quarter. Neither of these games appear overly material to 2014 results, but it's notable that some considerable time was undertaken to develop these concepts and questions the ability to focus at the firm. Though impressive on the resume, will having the first game developed for Google Glass really provide any competitive advantage going forward?

Read the full article here.


Disclosure: Long GLUU. Please review the disclaimer page for more details. 



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