Their market cap is around $1.8 Billion.
They have a successful NBA franchise (NBA 2K) that you can put under Sports 365 division.
They are moving their titles to mobile space (Grand Theft Auto, NBA 2K, etc)
Become a bigger player while taking out a successful studio that are eyed by Activision and EA.
A parcel just arrived special delivery from DHL, and it must have cost Legend a small fortune to manage that on Labor Day. I opened the package and there was a brief note which I will quote as follows.
Mike, I'll be under strict lock down at the Hazelden Clinic for Self Awareness in Palm Beach for the next 30 to 90 days. It seems I took my Jennifer Lawrence obsession a bit too far, but then again, my life lacks a China Girl, so I find my hack work completely acceptable. I also seem to thrive in the virtual universe. The clinic has banned all internet access and no pens or pencils are allowed for fear of self-mutilation. In other words, you won't be hearing from me for a few months. Before the straight jacket is cinched up, I just want to send you a token of appreciation for your fine prose and your most accurate prediction of the ongoing ZNGA death spiral. I'm depositing 300 Bitcoins in your account so you can short more ZNGA shares this week. It's good to hear you swore off the Pabst Blue Ribbon therapy. I only wish I could manage to abstain. Give my greetings to the folks at Vulture Capital Management.
I next proceeded to open his gift. I suppose he grasped my penchant for music. Lord Almighty! It was a first printing of that classic Rolling Stones album, circa 1971, Sticky Fingers It had never been opened, the zipper had never been lowered, and the plastic wrap was still there. Do have any idea what a record like this goes for on ebay? I'm just wondering if there are any Freudian interpretations in his act of kindness. On that note, I am requesting the advice of the pro ZNGA traders on the board here. Have things gone a bit too far? Meanwhile say a few prayers for Legend's full recovery.
Sentiment: Strong Sell
Why is it that trolls like you that own 100 shares of Znga and add nothing to the board, always think you're tough guys?
That would be great if they announce tomorrow and load up on the PR news feeds.. At least something before Thursday.
We need a couple of hedge funds who are under performing to start pumping the stock back up to $5 so they can catch up and make up some losses for having stayed out of the market these past few months.
If you have even the slightest concerns about privacy, you are absolutely nuts to post anything even slightly questionable over any electronic medium, no matter the supposed security measures in place. This applies to everyone unless you are like me and don't give a damn about maintaining a firm reputation. I'm too old now to care, not that I would have even at a young age. This applies obviously to any sites you might view.
Summary: The naivete of these celebrities is absolutely astounding. These things can make or break a career. Part of me says this is sad, cruel, and pathetic; the other side says if you are stupid enough to put these things out in the cyber world, you get what you deserve.
Financial pundits speculate that ZNGA common shares should rally Tuesday based on this breaking story, as Legend will be under formal lock down for a minimum period of 30 days with no internet access, and thus unable to contribute to the ZNGA message board. Rumors now circulate that sflegendinhisowneyes is the very hackman who broke into Cloud Computing and posted compromised photos of Kate Upton's exposed cleavage and Jennifer Lawrence bearing direct evidence of a full facial shot. His computer is rumored to be full of flesh muffins in various stages of undress, and among them, a profuse number of Hollywood celebrities. At a hastily held press conference his agent, Saul Levine, stated, "Legend has been struggling with some very serious personal issues most of his life due to stunted development of his inner child. We ask you to be patient and respect his privacy. I have no further comments other than to say I did enjoy the Jennifer Lawrence snapshots."
Summary: I'm going long ZNGA common stock, Kate Upton, and Jennifer Lawrence tomorrow morning. I may even purchase a huge block of this major growth story pre-market. Make full use of margin. I seriously hope they keep Legend locked up for at least 90 days so we can get through this season of volatility.
Sentiment: Strong Buy
it seems from the SA article today, and most analyst commentary, "social gaming is a dying business model", and RMG is the only salvation..............[ see GLUU, KING,etc]....
Ignore all the positive management changes, 3 sequential qtrs. of positive metrics, marginally breakeven post-reorganization, $1.15BB CASH, pilot projects in Europe of RMG with partners, Natural Motion acquisition [technology from which is basis for EA world class gaming, etc........
PETULANT ANALysts have trashed ZNGA ................ unless they get their RMG!!!!!!!!!!!
Welcome to the adult world of investing!!!!!!!!!!!