Osborne820
Long

Nice Cup & Handle forming in $GLUU with $5.50 ST PT (10% upside)

BATS:GLUU   GLU MOBILE INC
68 0 0
Glu             has formed a nice multi-month bottom after a strong sell off in OCT             of 2012. Now headed back to top of cup at $5.50 before the handle retracement . Glu Mobile             Just reported a record shattering qtr bering EPS             consensus by 1,000%. There is a 20% short interest on the stock and acquisition target in hot mobile gaming sector and has much more room to run. PT this year is $9-10.
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