Gaming the Mobile App Microcaps: Sold Glu Mobile, Bought Artificial Life

Microcap Speculator submits:

In April 2010 when I first covered apps developers Glu Mobile (Nasdaq:GLUU) and Artificial Life (ALIF.OB) , GLUU shares were quite a bargain. Then, Glu traded around a $1 and had an enterprise value-to-sales ratio of 0.45. The company appeared well-positioned to ride the iPad wave to success.

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