Glu Mobile: Trend Intact

Glu Mobile reported solid Q3 results.
The company remains on track to generate bookings approaching $500 million in the next year or so.
The stock remains exceptionally cheap at a P/S ratio of 2x.
The new and improved Glu Mobile (GLUU) continues to chug along producing consistently better results. My investment thesis that the stock is one hit game away from a big rally is even truer now with the stock selling off below $7 after the tech wreck of October.
Read the full article at Seeking Alpha. 

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

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