Glu Mobile, Inc. (NASDAQ:GLUU)
CAPS Rating:
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.
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.
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Declining short interest in November will drive stock price up
Huh?? The shorts are covering and this will cause WHAT? A pause as your stock finds strength at 2 1/2 (down from 3)...shorting is rarely more than 10-20% of daily volume..don't see this as "causing" any price movement whatso ever!
...and the stock is up 112%.