I don't think there is any buyout potential below the original IPO price. maybe wants the stock stablizes in the mid teens, $14-15, but not before. not with ZNGA investing in DM, I don't think they brought him on board to sell the company, I think he came on board to build an empire.
I'm not convinced the short action is that high, relatively speaking. compare the days to cover to larger blue chips, or even look at The Buckle (BKE). fundementally strong consistent old company with lots of cash, but 15 days to cover. ZNGA doesn't even compare to that.
I guess you didn't play 1998 through spring of 2000 when professional shorts got majorily slaughtered.. or even look at PCLN, AMZN, NFLX, GOOG now, plenty of shorts "hoping" they have the top on high flyers... They don't realize the growth story is AHEAD of ZNGA, not behind it...
Hi my name is Joe. "HIIIIIIII Joe". I've been a gambling addict for the past 14 years. I have now hit rock bottom. Every single dollar to my name is on the June $6 Zynga calls. I live paycheck to paycheck and can only afford peanut butter and jelly sandwiches, as well as top ramen noodles. I know and understand the risk, but there's a feeling, I guess you can say a high that I get from it. Especially on this gamble. When I bought these June $6 calls, the share price was $4.50. I planned on the share price hovering around $6 for the first quarter CC, and then settling around $8 by my June 20th expiration date. I plan on selling these after the first quarter CC and announcment of RMG. I will then gamble again and go all in on the Sep $8 calls. I expect the share price to be $10 by then. Before the Sep expiration, I am planning on selling those $8 calls. and flipping them again to either Jan 15 calls or a later date. I don't want to take up any more of your time. Thank you for listening.
Sentiment: Strong Buy
I actually have been looking through the gaming apps a lot and I do see Disney popping up here and there.
Going back to Disneys wise purchase of Pixar (see Dream Works and Jeffrey Katzenberg- who is a Board Member of ZNGA) I am sure Disney has an Eye on the Pixar of Gaming which is Natural Motion.
Disney will have to at some point and time get onto Mobile to grab and engage with the new generation in some new cool fashion. What a better way to stay in tune with your Customers than through some awesome games developed by Disney-ZNGA.
Just a hunch on my part but usually things are quite different that what most people would expect. Like a FB buyout or Goog play or some other entity. To me Disney would be best suited as a buyer for ZNGA as a way to stay cool and to monetize via Mobile.
with DM at the helm I see the next great gaming co in the tradition of EA, ATVI, MSFT. DM prides himself on success and it shows. If it happens this is a 20.00-30.00 stock all day
just got out of fnma today maybe a good time to buy some more znga?
The chart is on the longs side...Bearish to bullish swing is in full motion and will build out a nice cup over the next few months...
some other significant blocks as well 140K shares and lots of 10,000 blocks. Something is up on the horizon.
My gut is telling me there will be a deal with Disney to launch more Realistic type games using the NM technology.