"Glu Mobile (GLUU -2%) has seen Chinaese partner Tencent (OTCPK:TCEHY) gradually but quickly boosting its stake in the company to 21.5% during Glu's February run." this was the contract I played as the catalyst on this stock. It broke the day before resistance at $3.41, but it had sideways price action and was gradually falling back to the mid 3.30's. it dropped even more the next day and now 2 days later is stuck in the mid 3.30's still. Small loss, but that is the key, SMALL LOSS.