Glu Mobile, Inc. (NASDAQ:GLUU)

CAPS Rating: 2 out of 5

The Company is a global publisher of mobile games. It creates games and related applications based on third-party licensed brands and other intellectual property.

Recs

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Player Avatar mrktmaker100 (< 20) Submitted: 9/19/2007 9:01:19 AM : Outperform Start Price: $7.64 GLUU Score: -28.86

severely undervalued at this level.

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Member Avatar mrktmaker100 (< 20) Submitted: 9/24/2007 9:12:25 AM
Recs: 0

Compare GLUU to JamDat when they got bought out in Feb '06. Financials are extremely close to each other, and JamDat got bought out for ~750M. Using this type of comparison GLUU should be trading around $20.00. Take a look at the old JamDat filings

Member Avatar tenmiles (99.97) Submitted: 1/2/2008 6:35:09 PM
Recs: 0

Bought in the real world at $5 - believe this one is a strong probability of a double within two years independent of the broader markets - thanks for the background on JamDat

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