I believe the reasons that could contribute are 1)
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I believe the reasons that could contribute are 1) the new partnership with Portability PLC, real wagering on an international scale via a mobile app will be huge. 2) licensing with Atari. 3) increase in sales. 4) scheduled release of financials and schedule conference call both of which are November 1, 2012 5) insider buy of 10,000,000 shares. 6) much stronger than Zynga, financials are much more encouraging, zynga is only facebook capable, we are a mobile application for phones, also a big market worldwide 7) GLUU games have been top grosses on Google Play Store and Apple iOS store, again larger access to new potential customers
Smartphone and tablet market will eventually push this over $8 per share. They recently released Death Dome and about 12 other titles just in the last quarter. They grow their business through a mix of acquisitions, partnerships and addictive games. The Apple market is huge for GLUU.
There is a lot more upside here so this is why $8 is not crazy
Always the possibility of Microsoft or Nokia aquiring them!