Glu Mobile Inc. ( NASDAQ:GLUU ) engages in the design, marketing, and sale of
casual and traditional mobile games worldwide. GLUU has a market cap of $217.21
million, $37.05 million cash and $0 debt. With 63.70 million shares outstanding
GLUU has a book value of $.91 per share. The historical price action has been
volatile giving GLUU a current Beta of 2.41 attracting swing traders like
myself. Short interest has grown on the stock recently rising from 4.93 days to
cover on 11/15/11 to 6.7 days to cover on 11/30/2011. Heres what Im looking at
on the chart. Majesco Entertainment Co. ( NASDAQ:COOL ) develops and markets
video game products primarily for family oriented mass-market consumers. COOL
has a market cap of $199.28 million, $19.67 million cash and $0 debt. With 38.86
million shares outstanding COOL has a book value of $.69 per share. The
historical price action hasnt been as volatile for COOL with a Beta of 1.81 but
I still like swinging this stock. The short interest here wont help a momentum
rally at a small 2.53 days to cover per the last settlement date of 11/30/2011,
however it has grown in November. Like GLUU, with futures being down this
morning Ill look for entry off the bottom trendline until the bulls circle the
wagon. Here is what Im looking for on the chart.
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