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Most investors that have held shares of Glu Mobile, Inc. (NASDAQ:GLUU) for a while have seen a few patterns emerge when it es to earnings reports. The first is that the management team seems to give low guidance for the next quarter, while the second is a selloff after this guidance. This quarter was no different for Glu. We saw a lot of buying leading up to the report from people expecting the pany to beat expectations and the stock to rise on this news, as can be seen in the following chart. Glu did beat expectations but a lot of people saw guidance being a bit low which brought a decent selloff.