Sunday, December 4, 2011

Holiday Cheer Is Here; 3 Gaming Stocks Under $5 Traders Are Playing

Glu Mobile Inc. ( NASDAQ:GLUU ) engages in the design, marketing, and sale of
casual and traditional mobile games worldwide. The market cap on GLUU is $238.87
million with a Beta of 2.41 and a relatively small short interest of 4.93 days
to cover per the last settlement date on 11/15/11. GLUU has $37.05 million in
cash, no debt, 63.70 million shares outstanding and a book value of $.91 per
share. Last Friday the leader in social gaming expanded their portfolio on
Google+ adding Bug Village. Other popular titles by the company include Contract
Killer Zombies and Gun Bros. This is one of my favorite stocks to swing trade
and I really like the company. Last week Wednesday I figured GLUU would turn
back up so I alerted it at $2.88 for a 30% gain so far or roughly $1 per share
owned. My reasoning to alert the turn was simple,

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