{"id":35816,"date":"2012-10-12T11:49:00","date_gmt":"2012-10-12T11:49:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/glu-mobile-nasdaqgluu-insider-quietly-gobbles-up-10-million-in-stock\/35807\/"},"modified":"2012-10-12T11:49:00","modified_gmt":"2012-10-12T11:49:00","slug":"glu-mobile-nasdaqgluu-insider-quietly-gobbles-up-10-million-in-stock","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/glu-mobile-nasdaqgluu-insider-quietly-gobbles-up-10-million-in-stock\/35816\/","title":{"rendered":"Glu Mobile (Nasdaq:GLUU) Insider Quietly Gobbles Up $10 Million In Stock"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/glu-mobile-nasdaqgluu-insider-quietly-gobbles-up-10-million-in-stock\/35816\/jason-bond-picks-5\" rel=\"attachment wp-att-35818\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-35818\" title=\"jason bond picks\" src=\"https:\/\/web.archive.org\/web\/20121014053432im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2012\/10\/jason-bond-picks3.jpg\" alt=\"\" width=\"187\" height=\"262\"><\/a><\/p>\n<p><strong>By Jason Bond of\u00a0<span style=\"color: #0000ff;\"><a href=\"http:\/\/www.jasonbondpicks.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">JasonBondPicks.com<\/span><\/a><\/span><\/strong><\/p>\n<p>Wednesday night while doing research I noticed\u00a0<span style=\"color: #0000ff;\"><a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GLUU\"><span style=\"color: #0000ff;\"><a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a>:GLUU<\/span><\/a><\/span>) and confirmed huge insider buying.<\/p>\n<p><strong>&#8220;Insiders might sell their shares for any number of reasons, but they buy them for only one:\u00a0they think the price will rise.&#8221; ~ Peter Lynch<\/strong><\/p>\n<p>Director Nada Hany&#8217;s fund picked up just shy of $10 million in stock at an average of $3.05 across the last 3 days.<\/p>\n<p>This guy is the director of GLUU obviously but also a controlling member of the fund which now owns $17 million in GLUU stock.<\/p>\n<p>This is a good positive note for GLUU when the director steps in and buys that much, rest assured he &#8220;checked out&#8221; the condition of GLUU with management before he bought it.<\/p>\n<p><a href=\"http:\/\/www.jasonbondpicks.com\/wp-content\/uploads\/2012\/10\/glu.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" title=\"glu\" src=\"https:\/\/web.archive.org\/web\/20121014053432im_\/http:\/\/www.jasonbondpicks.com\/wp-content\/uploads\/2012\/10\/glu.jpg\" alt=\"\" width=\"575\" height=\"288\"><\/a><\/p>\n<p>They now own almost 9% of the company and they were trying to hide the buying too. Insiders have 3 days to file the buys\/sells so they started loading 3 days ago and filed tonight just before the after hours close.<\/p>\n<p>Usually a fund like this won&#8217;t want more than 10%+ ownership because it puts them in a different league and sales are more regulated. A less than 10% holder can do whatever they want. What this says to me is they are all in with that $10 million in new stock at an average of $3.05.<\/p>\n<p>Bottom line is this, they see value at this price and given what I know about GLUU, it&#8217;s enough for me to get in the trade and I will buy more.<\/p>\n<p>For you free clients, if this does take off into next week, then you better promise to join my NL!<\/p>\n<p><span style=\"color: #0000ff;\"><a href=\"http:\/\/www.jasonbondpicks.com\/lp\/sales\/offer.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">Enter your email here<\/span><\/a><\/span>\u00a0to be first in line when I send out my holiday offer at the beginning of December.<\/p>\n<div>\n<p>Forget waiting around,\u00a0<span style=\"color: #0000ff;\"><a href=\"http:\/\/www.jasonbondpicks.com\/lp\/sales\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">join thousands of traders today<\/span><\/a><\/span>\u00a0at Jason Bond Picks.<\/p>\n<p>Want more watch lists like the one seen above? If yes, then\u00a0<span style=\"color: #0000ff;\"><a href=\"http:\/\/oi.vresp.com\/?fid=2f1f6a15b1\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">get on my daily mailing list right away<\/span><\/a><\/span>\u00a0and you\u2019ll get these and much, much more..<\/p>\n<p><strong>By Jason Bond of\u00a0<span style=\"color: #0000ff;\"><a href=\"http:\/\/www.jasonbondpicks.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">JasonBondPicks.com<\/span><\/a><\/span><\/strong><\/p>\n<\/div>\n<p>Discliamer: I am long GLUU.<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20121014053432\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fglu-mobile-nasdaqgluu-insider-quietly-gobbles-up-10-million-in-stock%2F35816&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/glu-mobile-nasdaqgluu-insider-quietly-gobbles-up-10-million-in-stock\/35816\">\nGlu Mobile (Nasdaq:GLUU) Insider Quietly Gobbles Up $10 Million In Stock<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/24300-profit-overnight-in-sprint-nyses-calls-wednesday-34-out-thursday-1-15-for-238-learn-how\/35805\">\n$24,300 Profit Overnight! In Sprint (NYSE:S) Calls Wednesday $.34, Out Thursday $1.15 For 238%, Learn How!<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/look-at-the-money-my-clients-made-on-vringo-vrng-stock\/35349\">\nLook At The Money My Clients Made On Vringo (VRNG) Stock<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/up-on-a-down-day-3-penny-stocks-between-1-and-3\/35212\">\nUp On A Down Day; 3 Penny Stocks Between $1 And $3<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/last-call-for-your-wealth-building-plan\/34737\">\nLAST CALL For Your Wealth-Building Plan&#8230;<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/with-apple-soaring-is-zagg-a-buy-here\/34374\">\nWith Apple Soaring, Is Zagg A Buy Here?<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/should-you-buy-vrng-stock\/33696\">\nShould You Buy VRNG Stock?<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n.<\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Jason Bond <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nJason made his mark (and fortune) on Wall Street by spotting opportunities, pouncing and locking in those profits fast. His shares his strategies and winning swing trades at his website <a href=\"http:\/\/www.jasonbondpicks.com\/\" target=\"_blank\" rel=\"noopener\"><\/a>http:\/\/www.jasonbondpicks.com\/\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n<script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script>\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jason Bond of\u00a0JasonBondPicks.com Wednesday night while doing research I noticed\u00a0Nasdaq:GLUU) and confirmed huge insider buying. &#8220;Insiders might sell their [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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