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  • Glu Mobile: A Review Of 3rd Quarter [View article]
    4Q13 had $13.7 million from "all other games"
    3Q13 had $14.9 million from "all other games"

    If anything I think the overall trend is moving higher. As the company is developing and releasing games, they are increasing the base of revenue they draw from. Even though it may not be a top 10..100..or 200...they are still adding to the base of "all other games"

    Thanks
    Oct 14 11:58 AM | Likes Like |Link to Comment
  • Glu Mobile: A Review Of 3rd Quarter [View article]
    It is true KK:H is not as popular on Android as on iOS, however, I have no way of quantifying that. I still believe that 56%/38% is a good place to start.

    I don't consider the drop to be significant from 1Q to 2Q, I could probably run some numbers to see if it is statistically significant...but $20M is a good estimate. Q/Q the company sees good support from its lesser known titles.

    Thanks
    Oct 14 10:55 AM | Likes Like |Link to Comment
  • The Dry Bulk Industry: A Comparison Of Assets And Debt [View article]
    I pulled them from the 10Q's. Some companies expand the information more than others.
    Thanks
    Oct 4 11:48 AM | Likes Like |Link to Comment
  • The Dry Bulk Industry: A Comparison Of Revenue And Income [View article]
    Thank for the comment. I do think that how a company manages its fleet is hugely important for investors. Better understanding that directly impacts whether its a recommend or not. Right now, I'd tend to steer away from it. Operating costs seem to be higher than the average and Income seems to be below average.
    Sep 23 09:25 AM | Likes Like |Link to Comment
  • Frontline Ltd: A Glimmer Of Hope For Investors... With Dilution [View article]
    Debt for equity is definately one possibility. I also think something along the lines of Big John putting up the money.
    Sep 19 10:30 AM | Likes Like |Link to Comment
  • Glu Mobile: Laying Out A Valuation Based On Revenue And Earnings [View article]
    I agree, its frustrating to see it move up, and then people take profits and walk away and see it slip back down. I believe its just the nervousness of the market when dealing with this industry...if GLU can sustain the popularity of it's games, like it has done with DH14, I think we'll see more confidence going forward. Thanks
    Sep 12 02:06 PM | 1 Like Like |Link to Comment
  • The Dry Bulk Industry: A Comparison Of Operating Expenses [View article]
    Especially in this market, opex and fleet age are highly correlated. For the most part, the new ships being delivered are the high efficient/green tech ships. They cost more up front, but are more efficient.
    For the TCE portion, I mentioned it, but am getting ready to put together a follow up addressing the revenue portion of the books and using TCE as a measure of effectiveness. I'll follow that up with a debt comparison too.
    Thanks for the comments.
    Sep 12 02:03 PM | Likes Like |Link to Comment
  • Glu Mobile: Laying Out A Valuation Based On Revenue And Earnings [View article]
    Niki-
    Thanks for the comments. I appreciate feedback, for or against, bull or bear, good or bad. I find that some of the best analysis is actually in the comment section. As far as being able to weed out the wheat from the chaff...I don't have a good solution. Comment numbers help to see where the discussions are happening, but sometimes you just have to read everything.
    Sep 11 09:22 PM | 4 Likes Like |Link to Comment
  • The Dry Bulk Industry: A Comparison Of Operating Expenses [View article]
    #1: You are correct...I had read it in their 10Q and had to reread it...the third time I read it I realized they were talking about GNK...but had used "we" in there...my mistake
    As for the other two...different ways to look at them...I'm looking for a one over the world.
    As far as the management fees and SG&A, I'm looking at how the company is reporting it...

    Thanks for the comments
    Sep 11 02:40 PM | Likes Like |Link to Comment
  • Glu Mobile: Two Months Down, One To Go Until The End Of The Quarter [View article]
    I tried to do the numbers on that in my last article about GLUU:

    http://seekingalpha.co...

    Using the past revenue numbers for both platform and geography, which I'm sure that just by the volume that KK:H is doing, will significantly alter the statistics...but if it were to fall into historic norms...
    US iOS about $310K/day
    US Android about $200K/day
    Rest of world: $700K/day (I don't believe this number will hold up...but is based on historic rates)
    That would be $1.2M. I'm going to discount that by 30% because of the unknown rates...and come up with about $850K a day or about $76.5M.
    I'll consider that my best guess swag on what the numbers will be...
    Sep 10 01:10 PM | 2 Likes Like |Link to Comment
  • Glu Mobile: Two Months Down, One To Go Until The End Of The Quarter [View article]
    I don't disagree with some of your points...but the difference with GLUU is that it has been able to diversify its user base. While its games have been downloaded millions of times, its the Daily Active Users who are significantly contributing to the bottom line, especially with in-app purchases. The trick for the industry has been being able to diversify that user base.
    Deer Hunter: I'll go out on a limb and say the typical user is the 25-55 white male
    KK:H: Again, I'll go out on a limb and say the typical user is the 13-25 female of all races
    CK: 15-25 year old male
    Baseball/Racing Rivals: 15-30 male of all races

    I don't have any data to back these assumptions up, but the diverse line up of the company attracts a wide demographic.

    For me, the difference with Zynga and King is they had a much narrower base due to fewer apps....
    Sep 9 05:31 PM | 2 Likes Like |Link to Comment
  • MusclePharm Corp.: Successful Despite Management's Best Efforts [View article]
    I would love to see some shareholder activism in the company!

    Last year executive compensation totaled almost $16 million (that includes stock options). If management would have been more disciplined and just taken their generous salary, the company would have saved $14.4 million. Last year the company posted a net loss of 14.3 million. In other words, if all the stock options and bonuses had been applied to profit, the company would have been profitable last year! Where would the stock price be now if that would have happened? How would Wall Street view the company differently if they had been profitable a year earlier!

    Successful in spite of Managements best efforts....
    Sep 4 08:07 AM | 3 Likes Like |Link to Comment
  • MusclePharm Corp.: Successful Despite Management's Best Efforts [View article]
    Agreed. Brad is set for life now, I'd like to see him take a less active role in the company so that he can focus on the things he enjoys.
    Sep 4 07:57 AM | 1 Like Like |Link to Comment
  • MusclePharm Corp.: Successful Despite Management's Best Efforts [View article]
    The company has started to shape up since the launch of the SEC investigation, but I still believe there are selfish motivations for compensation and not to build a great brand that will reward all investors. Just see the list of compensations the leadership and BoD has been getting, including in the recent Q's filing. It's ridiculous. Investor appreciation is just a side effect for them....in my opinion...

    As far as lines of credit vs dilution...they have been diluting the company for a long time...

    All that being said...I still believe that in the long term the company has significant upside....
    Sep 3 06:50 PM | 1 Like Like |Link to Comment
  • MusclePharm Corp.: Successful Despite Management's Best Efforts [View article]
    I agree with your comment on Dr Frost, he was a great addition to the team, although I am still keeping an eye on Brad. He's had the connections to get the company to where it is, through both athletes and bodybuilding.com.
    Sep 3 06:41 PM | 1 Like Like |Link to Comment
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