Saturday, August 6, 2011

Mobile App Index: 79.98(-12.36%) WE 8/5/11

Another record worst week.   More of the same causes: The US Debt ceiling followed by International and finally the jobs crisis.

Comparison for the week: DOW -5.75%, Nasdaq -8.13%, S&P 500 -7.19%, EEM -9.61%, and FONE -8.11%.

GLUU released generally positive earnings information this week, but it proceeded to lose at least another 10% following this announcement.

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